recent news
PEI’s New Tech Hub Seeks Founders
The Foundry, the new innovation space on Charlottetown’s Great George Street, is seeking founder-members, especially those aiming at international markets, its new director told Entrevestor.
The Foundry seeks to foster innovation and community by
UNB Seeks Pitch Contest Applicants
The J Herbert Smith Centre at the University of New Brunswick is looking for applications for its next RBC Student Pitch Competition, which will take place at the Wu Conference Centre on March 19.
The competition is open to any full-time university
PEI Bio Sector Revenues Rise 84% in 5 Years
Revenues by private companies in the Prince Edward Island bioscience cluster logged in at $612 million in 2023, marking an increase of 84 percent since 2018, said the PEI BioAlliance in a statement.
The umbrella organization for the bioindustries
PEI Unveils New Tech Hub
Charlottetown’s latest innovation space, The Foundry, opened this week with an investment of $855,000 from the Atlantic Canada Opportunities Agency and $712,500 from the province.
The Foundry, which is run by the PEI IT Alliance, will support the
NB’s ConnexionWorks, CBDCs Land ACOA Funding
The Atlantic Canada Opportunities Agency has invested $545,249 in Saint John-based entrepreneurship hub ConnexionWorks and $3,007,434 in 10 New Brunswick Community Business Development Corporations and its association.
The ConnexionWorks funds
Cape Breton Capital Backs Aeon Blue
Aeon Blue Inc., the Cape Breton green fuel and carbon capture startup, has raised $195,000 in equity funding from the Cape Breton Capital Group to help the company establish its first facility in 2027.
Based in Sydney River, Aeon Blue specializes
Enactus Regionals Coming to Halifax
Halifax will see 18 post-secondary student teams showcase their projects at the Enactus Canada Atlantic Region Competition Feb 27 and 28.
Enactus Canada is a charity providing programs focused on inspiring post-secondary students to initiate and
Virtual Hallway Partners with IWK Health Genetics
Halifax-based physicians’ network Virtual Hallway and IWK Health Genetics have joined forces to boost genetic health education among healthcare providers and improve access to specialized genetic services.
The partnership is part of a 12-month
Event Hub Launched by Startup Atlantic
Events for Atlantic Canada’s startup community are now being listed on an events calendar created by Startup Atlantic, a network of startup groups and accelerators.
The Startup Atlantic Event Hub is a one-stop shop for all startup events happening
Atlantic Canada Raised $176M in VC in 2024
Startups in Atlantic Canada raised $176 million in venture capital in 2024, their weakest performance in four years, according to new data from the Canadian Venture Capital and Private Equity Association.
On Wednesday, the organization known as the
Kraken Robotics’ Karl Kenny Mourned
St. John’s-based Kraken Robotics has announced the loss of its founder and former CEO Karl Kenny on February 11, at the age of 64.
Kenny founded Kraken in 2012 and was instrumental in building the company into a significant player in subsea
TLT East Aims To Close Fund Feb. 28
A new Atlantic Canadian investment group is hoping to close its first fund this month, and make its first investment at about the same time.
TLT East Ventures is the brainchild of Michael Brown, a New Brunswick-born investment banker whose career