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New Startups Set Record in 2019

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One of the highlights of our 2019 Atlantic Canada Startup Data report was the total number of new companies launched in the region. 

We tallied up 164 new companies last year. Not only was that the best year ever for the creation of new startups, it was more than 40 percent better than any year in which we’ve been researching the Atlantic Canadian startup community.

In the early years of our study, we typically saw 60 to 70 companies launched annually, a level that jumped above 100 around 2015. In 2019, we witnessed another step change – up above 150. It’s too soon to tell whether the


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