Innovacorp has announced the eight startups that have been accepted into its 2019-20 Innovacorp Accelerate Program and the five winners of the fall Sprint competition.
The Nova Scotia government’s early-stage venture capital agency on Thursday released the names of the winners, who between them will divide more than $500,000 in development capital.
INNOVACORP ACCELERATE PROGRAM
Each entrant will receive $50,000, six months of business guidance, and access to incubation space at Innovacorp’s facilities. The agency received 137 submissions from local and international applicants. The new entrants are:
Arolytics, Emmaline Atherton, Dave Risk, Liz O’Connell – Software for production and manufacturing industries to turn atmospheric emissions data into actionable insights.
Easy Golf Tour, Todd Chant, Patrick Laderoute, Kevin Chant – Software solution for golf courses and associations in North America.
Novalte, Michael Cullen – Technology to assist people with limited mobility to monitor and control electronic things in their homes.
Phycus Biotechnologies, Vik Pandit, Krishina Mahadevan, Christian Euler – Fermentation technology to produce biobased glycolic acid for cosmetics and personal care products.
Rayleigh Solar Tech , Sebastiaan Ambtman, Samuel March, Dane George, Jarret Stuart – Perovskite solar cell technology.
ReelData AI , Matt Zimola, Hossein Salimian – Artificial intelligence software for aquaculture feed cameras, allowing fish farms to measure biomass and health in real-time.
RIDDL Tech, Jenelle Sobey, Jess Peters, Derek Hatchard – Platform for impact investors to manage and analyze data to guide better investment decisions.
Sparrow Acoustics, Nadia Ivanova, Yaroslav Shpak, Max Davydov – Electronic stethoscope software for cardiologists to quickly analyze heart sounds.
Read our Recent Coverage of Accelerate Entrants:
Easy Tour Golf Eyes 10X Growth in 2020
INNOVACORP SPRINT PROGRAM
The winners of the competition will receive up to $25,000 and guidance from seasoned business professionals. They were selected from 62 submissions from across Nova Scotia. The winners are:
BlueNode, Grant Wells, Louis Beaubien – Software for data cleansing, analysis, auditing and sharing for marine container ports.
EndFirst Plans, Alan Uren, Wayne Greenwood, Sambhu Lakshmanan – Project planning and scheduling software.
Greenlight Analytical, Dr. James Wylde, Simon Benwell, Louise Richardson, Nicole Wylde – Portable analyzer to measure cannabis and narcotics for safety, quality control, medical and law enforcement applications.
SeaChange Biochemistry, Brad Park – Chemicals for industry from sustainably harvested seaweed.
SmartMed, Arman Izadi, Tim Coolen, Ayda Afshar – Software for scheduling shiftwork.
Disclosure: Innovacorp is a client of Entrevestor.
