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.
Organization: New Brunswick Innovation Foundation
The Short Report – March 16, 2022: Tri-funding agencies asked to freeze research ties with Russia, Carleton U approves fossil fuel divestment strategies, €76.3M for a German quantum computer, and more
Canada hits science ties with Russia, a report finds Canada losing the chance to lead in clean competitiveness investments, MDA is awarded a lucrative Canadarm3 contract, and more.
The Short Report – Jan. 26, 2022: Public health research capacity expanded, massive free science database launched, funding for spinal cord injury research, and more
Public health research capacity expanded, massive free science database launched, funding for spinal cord injury research, and more.
The Short Report – November 24, 2021: BioVectra funding spurs expansion for mRNA vaccine development, UNESCO adopts the Open Science Recommendation, NSERC awards annual research prizes, and more
BioVectra’s funding boost creates room for mRNA vaccine production; UNESCO’s Science Commission unanimously adopts the Recommendation on Open Science; the Government of Canada celebrates Canada’s top natural sciences and engineering research talent, and more.
The Short Report, February 26, 2020: Transatlantic AI projects; multiplying ocean startups; scaling in the Big Apple
The Short Report: Transatlantic AI projects, ocean startups, new aeronautics centre of excellence, Canadian startups in New York, advancing 5G networks, constructing mass timber buildings, agri-food sustainability, and more.
The Short Report, October 2, 2019: Kin cryptocurrency, robot tax, health tech
In a dramatic post, Kik founder and CEO Ted Livingston announced the Waterloo-based company will shut down its messaging service and focus exclusively on its cryptocurrency Kin. Livingston described a protracted battle with the Securities and Exchange Commission (SEC) over whether Kin should be labeled a security, which he says “would kill the usability of…
Joe Allen
Univ of New Brunswick has appointed industry executive Joe Allen as managing director of its accelerator programs at the J. Herbert Smith Centre for Technology Management & Entrepreneurship. Prior to his appointment, Allen was director of investments for the New Brunswick Innovation Foundation, where he was responsible for managing a portfolio of about 50 venture capital investments…
Resson captures $3 million in venture financing
Resson Aerospace has raised $3 million in venture capital financing to advance its bioinformatics and data analytics technology offerings. The VC financing of the Fredericton NB-based company was led by Rho Canada Ventures and Build Ventures and includes BDC Capital, New Brunswick Innovation Foundation and private investors. Resson has recently deployed an agricultural management and…
New Brunswick launches $5-million startup fund
The Government of New Brunswick has established a $5-million Startup Investment Fund as part of its $80-million commitment to R&D and innovation. The fund will be administered by the New Brunswick Innovation Foundation. Awards of up to $100,000 will be made to support company creation, product development and testing, market research, intellectual property protection and…