District Digest
July 29, 2020
Propel Signs Exclusive Partnership with Leanstack And GrowthX
Halifax based, technology accelerator for startups, Propel ICT has announced the signing of an exclusive partnership agreement with Leanstack and GrowthX to increase the validity and value of their program. Leanstack is a business model platform which combines the lean canvas and traction model to make projections of a company’s success rate over three years. GrowthX also, is a Silicon Valley based partnership that works with startups, companies and countries to help them commercialize innovation. Propel will benefit of Leanstack’s platform and technology and methodology for Incite Phase 1 and GrowthX’s Market Acceleration Program (MXP) and Venture Capital Workshop for Incite Phase 2.
Novagevity to Receive $300k Support From ACOA
Local life sciences company, Novagevity will receive $300,000 from the Atlantic Canada Opportunities Agency to facilitate the launch of their plant-based nutritional drinks. Co-founders Dr. Mary Lynch and Gregg Curwin are creating plant-based meal replacement beverages to support both people with various medical conditions and those looking to optimize their nutrition. The innovative product which originates from the principles of Medical Nutrition Therapy will include plant-based, organic, and allergen-free ingredients.
BioNova Announces Start of 2020-2021 Member Programs
Local health and life sciences leads, BioNova has announced the launch of their 2020-2021 new member programming which will focus on accelerating company growth, improving investment packages, employee mental health services and business development tools. Member programs include: The Technical Assistance Program, Photo Development Project, Video Development Project, Website Development Project, Leadership Insights Program, Virtual Mental Health Project with Tranquility Online and the International Biopartnering Program.
Ocean Supercluster Makes Second Call for Ocean Accelerated Projects
Last week, Canada’s Ocean Supercluster (OSC) made a second nationwide call for Proposals to its Accelerated Ocean Solutions Program (AOSP) to advance investment in ocean projects and improve innovation and capacity-building in the ocean industry. The deadline-driven competition is an opportunity for projects with a span of two years to partake. “We had an incredible response to our first call for proposals under the accelerated program in May that saw an influx of new OSC members and some very exciting new projects that we look forward to announcing in the fall,” said CEO Kendra MacDonald
Propel Launches Startup Summer Showdown
Local technology accelerator, Propel has announced the launch of the Startup Summer Showdown in efforts to help Atlantic Canadian entrepreneurs and their ventures which have been affected by the COVID -19 pandemic. The top budding startup will be awarded a package consisting of cash and in-kind services valued at over $50,000 to support the launch and journey of their entity. Applications are open until August 6th. “We wanted to find a way to encourage the bright minds of Atlantic Canada to look at the pandemic as an opportunity to take a leap and launch their new venture,” said CEO, Barry Bisson
Volta's Virtual Pitch Competition
Are you a rising entrepreneur looking to gain valuable presenting experience? Sign up for the Volta Quarterly Pitch competition and get the opportunity to practice your three-minute pitch, fine-tune your deck, and get feedback from industry experts. Applications are open until August 3.
BDC
Fund Your Startup With BDC
BDC is Canada’s business development bank and the only financial institution devoted exclusively to entrepreneurs. BDC helps to create and develop strong Canadian businesses through financing, advisory services, and capital, with a focus on small and medium-sized enterprises.