SYDNEY, N.S. —
New business startup activities and innovation in Cape Breton will be the target of a $100,000 investment from the provincial government.
The money announced Thursday is part of $750,000 the province has made available to startup businesses to help them seize opportunities that might emerge from the COVID-19 pandemic.
The Cape Breton portion of that funding is directed towards Innovacorp startup activities, including an entrepreneur in residence, acceleration programs, training opportunities, a makerspace, mentorship and networking events.
"The quality and determination of Cape Breton entrepreneurs is exactly what we look for in the companies Innovacorp supports,” said Malcolm Fraser, president and CEO of Innovacorp, in a press release.
“We’re excited to continue our commitment to the startup founders building world-class businesses from this region.”