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By Carol Moreira

Growth in the oceans sector and in entrepreneurial diversity made news in Halifax’s Innovation District this month, as did the continuing fight against COVID-19 and evolving strategies to combat its impacts.

The pandemic means Oceans Week HFX 2020 will be a digital-only event. It kicks off June 6 with a keynote speech from Chúk Odenigbo, an expert on the intersections between health, culture and the environment.

Patrick Hankinson, General Partner of Concrete Venture

Concrete Ventures Partner Patrick Hankinson told Entrevestor some fear is setting in.

“Respondents are pulling back their marketing/sales spend and struggling to generate top of the funnel leads, which will most likely translate into lower sales,” he said. “Additionally, respondents are taking on more debt and with potentially lower sales, it will be harder to service that debt.”

Carol Moreira is a Principal of Entrevestor, which provides news and data on Atlantic Canadian startups.