recent news
ACOA Backs Spark, Community Futures
The Atlantic Canada Opportunities Agency will administer $4.2 million of federal spending to fund Nova Scotia’s Spark Innovation Challenge and the regional Community Futures Program.
The Spark Innovation Challenge allows early-stage companies
Ignite Fredericton’s E-Commerce Accelerator
Ignite Fredericton, the economic development agency for the New Brunswick capital, has announced a new accelerator focused on e-commerce for companies with existing customer bases.
The program is meant for small and medium-sized businesses that are
Angels, ACOA Back Novagevity
Halifax-based Novagevity has borrowed $300,000 from the Atlantic Canada Opportunities Agency and closed an angel funding round as it prepares to launch its plant-based nutritional drinks in the fall.
Founded in 2019, Novagevity is dedicated to
Venn Seeks Open Pitch Day Entries
Venn Innovation is looking for New Brunswick companies to apply to join its Garage incubator program and possibly win a support package valued at $50,000.
The New Brunswick innovation hub will hold its Open Pitch Day on July 30, and is asking
Halifax’s Groundhog Sues US Accelerator Owner
Halifax startup Groundhog, which is developing technology to allow recurring cryptocurrency payments, is suing the parent company of California accelerator Tachyon, alleging breaches of contract and theft of trade secrets.
Groundhog --
Kathryn Lockhart Named Propel CEO
Propel, the Atlantic Canadian tech accelerator, has named seasoned tech executive Kathryn Lockhart as its new Chief Executive, filling the role to be left when CEO Barry Bisson retires.
A native of Bath, NB, Lockhart has held senior positions with
LifeTrack Wins TME Pitch Event
Smart lifejacket startup LifeTrack Safety Systems has won first place in the University of New Brunswick’s MTME: NEXT virtual demo day, in which Master of Technology Management and Entrepreneurship students competed for a $1,500 prize.
LifeTrack is
Mysa Raises $6.2M in Equity, Debt
St. John’s-based Mysa Smart Thermostats has closed a $6.2 million funding round, comprising $3.2 million in equity funding from existing investors and a $3 million convertible loan from BDC Capital.
The raise is Mysa’s third seven-figure funding
NBIF, ACOA Lead COVID Research Initiative
The New Brunswick Innovation Foundation has announced a total of more than $1.2 million in funding for 27 New Brunswick research products that aim to detect and treat COVID-19.
NBIF issued a statement Thursday saying it has partnered with the New
ACOA Fosters Youth Entrepreneurship
The Atlantic Canada Opportunities Agency will administer $5.2 million of federal spending to foster youth entrepreneurship in Atlantic Canada during the COVID-19 pandemic.
The money will take the form of grants for 15 community organizations, which
VLife Helps Users Buy Local
Halifax social enterprise website vLife, which helps users locate and support small local businesses, is rolling out the paid version of its service after offering it free since January.
Co-Founders Melanie Little and Riaz Khan started vLife’s
Micro Grants for PEI Women Founders
The PEI Business Women’s Association has opened applications for its annual Micro Grant Program, which offers women-led businesses the chance to win $500 of non-dilutive, non-repayable funding.
The competition is open to PEI residents who are