Nova Scotia sparks ocean innovation start-ups competition

Illustration (Photo: NS Department of Energy)

The C$800,000 Spark Innovation Challenge has been launched in Nova Scotia to support new technology companies with the special interest for those in clean and ocean technology sectors.

The Spark Innovation Challenge received the support from both federal and province governments which contributed C$400,000 ($320,000) each to support the early stage technology companies across Nova Scotia.

Namely, the businesses which had zero sales revenue since inception will have the chance to compete for up to C$50,000 in funding, as well as mentorship from seasoned business professionals to put their ideas into action.

The competition spans four regions in Nova Scotia, and each of them will be awarded a total of C$200,000, according to Innovacorp which is managing the competition with the support from the Atlantic Canada Opportunities Agency (ACOA).

The competition is open for submissions from any technology innovation sector, but Innovacorp noted it is especially interested in start-ups from clean, and ocean technology sectors, along with those from information technology, and life sciences.

Kirsty Duncan, Canada’s Minister of Science, said: “Research, talent, imagination and determination are some of the essential ingredients required to spark innovation and economic growth. This investment reflects the Government of Canada’s commitment to supporting promising entrepreneurs who are eager to bring their vision to market. I encourage aspiring business leaders to apply for the Spark Innovation Challenge as it ignites across Nova Scotia.”

Innovacorp is accepting applications for the competition until September 21, 2017, with four Spark competitions to be held this fall, covering every region of the Nova Scotia province.

Share this article

Follow Tidal Energy Today

Events>

<< Jan 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Waterpower Week 2018

This 3-day jam packed event provides you the opportunity to network, learn about legislative and regulatory initiatives, and discuss…

read more >

World Future Energy Summit 2018

The conference offers a combination of in-depth breakfast briefings, panel discussions and expert talks, with senior-level members…

read more >

Marine Moorings Masterclass – STORM project

Funded by Innovate UK, the STORM (Specialised Thimbles for Offshore Renewable Marine energy) project is aiming to design a new multi-material…

read more >

RenewableUK Wave & Tidal 2018

The event will bring together leading developers, OEM’s, financial and innovation funding experts, technical and safety professionals…

read more >