Halifax – Atlantic Canada is becoming a hotbed for innovative startups that attract investment, diversify the economy and create highly skilled jobs. Building on that momentum, the Government of Canada is investing to help 10 young companies in tech and life sciences grow their businesses, create jobs, and contribute to a vibrant and diversified regional economy.
Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA, announced a total contribution of more than $4 million dollars in support for Milk Moovement Inc., MIMOSA Diagnostics Inc., UpBeing Inc., Peer Ledger Inc., Swiftsure Innovations Inc., Krava Inc. (operating as Easy Platter), Rafflebox Technologies Inc., Startup Metrics Inc. (operating as SUMS Capital), Talkatoo inc., and Shoelace Learning.
These investments will help the companies grow their workforces, streamline operations, scale-up production, reach new markets, expand, and commercialize. For more information about the funding recipients and projects, please see the backgrounder. This announcement demonstrates the Government of Canada’s commitment to build the country’s innovation economy, support entrepreneurship, and create new opportunities for businesses and workers.
”Atlantic Canada’s startups and tech companies are making waves at home and around the world. Working together with the federal government, these local business successes are bringing great new jobs to our region and are showing the huge potential for growth in our economy.” – Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA