Funding East Coast innovators to support growth

Atlantic Canada Opportunities Agency

January 20, 2022 · Halifax, NS · Atlantic Canada Opportunities Agency (ACOA)

Atlantic Canadian ingenuity creates jobs and brings talent and investment to the region. The Atlantic Canada Opportunities Agency (ACOA)'s strong connection with innovation-driven businesses and the ecosystem that supports them continues to ensure they are equipped to grow as the economy moves forward. That is why the Government of Canada is investing in innovation hub Volta and eight Atlantic Canadian companies to support their plans for growth, job creation and export expansion.

New federal support accelerates and expands Atlantic Canadian tech-based firms

Today, the Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA, along with Andy Fillmore, Parliamentary Secretary to the Minister of Innovation, Science and Industry and Member of Parliament for Halifax, announced investments totalling $2,271,500 to startup hub Volta and eight technology and innovation-based companies in Halifax.

The funding provided to Volta will expand its LEAP startup accelerator program; to Milk Moovement Inc., Side Door Access, Inc., B4Checkin, Kangaroo Solutions Inc., and Dugo Systems Inc. to help the ICT firms move into new global markets; and to Bright, Mars VR Lab and JackHabbit to hire staff to advance product and software development and company growth.

Today's announcement further demonstrates the Government of Canada's commitment to helping Atlantic Canadian businesses seize opportunities and bring new solutions to market, building a strong innovation ecosystem to fuel economic recovery and growth.

Additional details are available in the backgrounder.

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