One part of our Atlantic Canada Startup Data report that merits closer examination is our claim that the region has a problem with early-stage funding.
This sort of funding declined in 2019 for the first time in three years, and the pandemic will likely result in a further drop in 2020. And that is important because funding rounds of less than $500,000 are needed to bring young companies to the position at which they can scale.
The recent good news in the startup community has come from established companies like Kinduct, CarbonCure and Metamaterial Inc. But younger companies need to get