Organization: Canada's Ocean Supercluster

Spawning start-ups for Canada’s blue economy

Canada is well positioned to thrive in the global “blue” economy of ocean-based activities. A new consortium is mounting the support and investment for Canadian start-ups that will build this economy.

Canada growing more $1-billion “unicorn” companies, global startup ecosystem report shows

More Canadian companies are remaining in Canada to grow “unicorns” (firms with a $1-billion or more valuation) rather than selling early to foreign entities, according to data in Startup Genome’s 2022 Global Startup Ecosystem Report. Meanwhile, in Atlantic Canada the number of startups slowed for the second year in a row, according to a separate report by Nova Scotia-based Entrevestor.

The Short Report – Feb. 9, 2022: Quebec getting Canada’s first universal quantum computer, Canadian cleantech companies receive more than $52 million in SDTC funding, Ocean Supercluster announces largest project to date, public servants learn about AI, and more

The Short Report – Feb. 9, 2022: Quebec gets Canada’s first universal quantum computer, Canadian cleantech companies receive more than $52 million in SDTC funding, Ocean Supercluster announces largest project to date, public servants learn about AI, new VP of research programs at CIHR, and more.

Supercluster investments in ocean robotics are starting to reap benefits

A significant investment by Canada’s Ocean Supercluster in companies commercializing robotics and sensor technologies is starting to reap benefits, including creating jobs, building stronger domestic companies and attracting international firms to establish in Canada, says Susan Hunt, the supercluster’s chief technology officer.