recent news
GrowthWorks Atlantic To Wind Up
GrowthWorks Atlantic Venture Fund Ltd., one of the first venture capital funds in Atlantic Canada, has decided to wind up operations.
The fund has not raised new capital since 2014, and has been reducing its holdings in recent years as its
Woodward Cup To Be Held June 16
The Memorial Centre for Entrepreneurship will hold the Mel Woodward Cup pitching competition on June 16 – a virtual presentation of the biggest event on its calendar.
Due to the COVID-19 crisis, the St. John's-based MCE postponed the Woodward Cup
Propel, Navigate Sign MOU
Sydney’s Navigate Startup House has signed a memorandum of understanding with regional tech accelerator Propel, under which they will work together to encourage tech entrepreneurship in Cape Breton.
The two groups issued a statement saying they
CBGF, Innovacorp Invest in Proposify
With its annual recurring revenue hitting $8 million, Halifax-based Proposify has closed a substantial funding round led by Toronto-based Canadian Business Growth Fund, or CBGF.
The parties declined to reveal the size of the round, though CBGF says
Ocean Startup Challenge Launched
The Ocean Startup Project, an initiative helmed by Canada’s Ocean Supercluster, is accepting applications for a competition in which would-be entrepreneurs can compete to solve problems faced by oceans companies.
Donald Grant, the project’s
Alliance Examines Biotech Labour Crunch
A new partnership between Atlantic Canadian governments, industry and post-secondary institutions is aiming to address tight labour supply in the biotech sector.
The federally backed Future Skills Centre has announced that it will invest $1.5
Ready2Launch Names 8 Teams
Having placed in the top five in the recent Techstars Startup Weekend international event, Sydney-based Rest Assured has also been accepted into Dalhousie University’s Ready2Launch program this summer.
Rest Assured, which is headed by Cape Breton
Jobs: Quality Manager at Adaptiiv
Halifax-based biotech company Adaptiiv Medical Technologies continues to grow and is hiring a Quality Manager, a posting that headlines our Jobs of the Week column.
Adaptiiv, which raised $3.4 million in equity financing earlier this year, has
Region’s VC Funding Weak in Q1
Venture capital investment in Atlantic Canada was already weakening before the COVID-19 crisis sent shockwaves through the economy, new data from the Canadian Venture Capital and Private Equity Association shows.
In fact, if you consider the
FitzGerald To Advise BreatheSuite
Noted asthma and COPD expert Dr. J. Mark FitzGerald has joined the advisory board of St. John’s medtech startup BreatheSuite.
FitzGerald earned his medical degree from University College in Dublin, and is now listed as the director of the Centre
Cyno, Bluedrop Sign Deal
St. John’s telehealth startup Cyno has inked a deal with e-learning and professional development company Bluedrop Performance Learning, also of St. John's.
Cyno will allow Bluedrop employees to access medical services remotely, including via live
App Supports Elderly Patients
A new app that monitors the health of elderly people has been launched by Miramichi, New Brunswick-based Unicare Home Health Care and sister company Uniclean Solutions.
The app, WellCheck, was developed by CEO and owner Lisa Williams to track