Nova Scotia: Technology start-up competition launched

Nova Scotia start-ups have a chance to compete for up to $170,000 (C$ 225,000) through Innovacorp’s provincial I-3 Technology Start-Up Competition.

The I-3 competition supports high potential, early stage knowledge-based companies, and encourages entrepreneurial activity across the Nova Scotia province.

The competition will take place in five geographic zones across the province.

Each zone winner is awarded $75,000 (C$100,000) in cash and in-kind business building services. Second-place zone winners take home $30,000 (C$ 40,000) in cash and services, Nova Scotia government’s press release reads.

In addition, awards will be given for the best overall submission in each of the following sectors: information technology, life sciences, clean technology, ocean technology, agricultural technology and waste diversion technology.

Each sector winner will receive an award package valued at $19,000 (C$25,000).

The provincial winner, selected from among the five first-place zone winners and six sector winners, will be awarded a $75,000 (C$100,000) seed investment from Innovacorp.

The deadline for entry submission is set for October 15, 2015.

Innovacorp is Nova Scotia’s early stage venture capital organization. It works to find, fund and foster innovative Nova Scotia start-ups.

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