An economic downturn is never good news for startups raising capital, but early-stage companies in Atlantic Canada will likely be buffered somewhat by the strong participation of government in funding high growth companies.
Interviews with several Atlantic Canadian funders revealed a belief that there will still be funds available to promising companies – especially those that need less than, say, $1 million. They added that debt financing will likely play a bigger role in raising capital than it has in the past.
On the downside, the inevitable downturn sparked by the Covid-19 virus will