Innovacorp, Nova Scotia’s government-owned venture capital agency, has announced the five companies in its latest GreenShoots cohort, which are receiving a combined $170,000 in grants.
The funding and mentorship program offers agtech, biotech and cleantech companies up to $40,000 each in grants. Three of the five recipients this year are based in Sydney, which has been growing its life sciences and cleantech community through the AscendBio program and the Verschuren Centre.
Launched in 2020, the competition is run by Innovacorp, the Nova Scotia Innovation Hub and Guelph, Ont.-based