Projects support activity in ICT, cleantech and fisheries sectors
Halifax – Atlantic Canada Opportunities Agency (ACOA)
On February 8, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister Responsible for the Atlantic Canada Opportunities Agency (ACOA), along with the Honourable Scott Brison, President of the Treasury Board and Member of Parliament for Kings-Hants announced investments totalling $2,709,280 to seven companies and organizations representing the ICT, cleantech and fisheries sectors.
Each recipient is involved in the development of innovative practices or products to expand their market share or to develop their early stage technology. The announcement was made at Volta Labs Inc., a startup house that is directing its $499,500 ACOA contribution to deliver mentorship, collaborative learning and community networking to the ICT ecosystem, while playing a direct role in fostering the growth of tech companies.
The Government of Canada contribution for these projects is provided through ACOA’s Business Development Program (BDP).
Quick Facts:
- Volta Labs Inc. is a not-for-profit entity that opened its doors on May 1, 2013. To date, 39 companies have been accepted into the Volta program of which 87% are still in business. There have been 28 graduates and there are 11 Volta companies currently on site; and
- Nova Scotia is home to some of ...
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