Innovacorp has awarded a total of $725,000 to 17 different companies under its Accelerate Program and Start-Up Yard Cohorts.
The Nova Scotia Crown corporation last week revealed the winners of the two programs, which provide non-dilutive funding, incubation space and mentoring to young MedTech, OceanTech and CleanTech companies. The members of the Startup Yard cohorts will also get space at the new Centre for Ocean Ventures and Entrepreneurship, or COVE, on the Dartmouth waterfront.
The federal government contributed $500,000 towards the programs through ACOA’s Business Development Program.