Backgrounder: Funding helps Sydney organizations to create jobs, support entrepreneurship and build the innovation ecosystem  

Backgrounder

The Government of Canada invests more than $1.8 million in four projects to support business growth in Sydney, including $1,476,900 from ACOA and up to $393,000 from NRC IRAP.

CLIENT NAME PROJECT TOTAL MEDIA CONTACT
Navigate Startup House Navigate Startup House will continue to support early-stage, high-growth potential, startup companies through its innovation hub for the next two years. Navigate promotes entrepreneurship, job creation and innovation and operates the Nova Scotia Power Makerspace, assisting entrepreneurs with prototype development with Nova Scotia's largest Makerspace facility. This will maintain nine jobs. ACOA: $999,900
non-repayable
(Regional Economic Growth through Innovation program)
 
Todd Graham
Operations Manager
Navigate Startup House
902-565-9004 (cell)
tgraham@navigatestartup.com
 
Talem Health Analytics Incorporated

Talem Health Analytics will commercialize and implement its artificial intelligence (AI) and data analytics platform serving the North American auto insurance industry. This will also allow Talem to expand its workforce to 23 including 11 new full-time employees.

NRC IRAP is providing advisory services and funding to support this research and development project.

ACOA: $327,000 repayable
(Jobs and Growth Fund)

NRC IRAP:
Up to $393,000
non-repayable

Paul Travis
CEO
Talem Health Analytics Incorporated
902-217-6778
paul@talemhealthanalytics.com
Copol International Limited – Packaging Films Copol International will update equipment on one of its production lines. This will help the North Sydney company that creates plastic film for the flexible packaging industry, grow, be competitive and ensure its reputation for high quality products. Copol will maintain 50 jobs.

ACOA:
$100,000 repayable

(Jobs and Growth Fund)

Denis Lanoe
VP Operations and General Manager
Copol International
dlanoe@copolinternational.com
Cape Breton Capital Group Incorporated Cape Breton Capital Group will hire an Investment Coordinator/ Analyst to assist in building relationships with potential businesses and start-ups, investors, incubators, and accelerators. ACOA:
$50,000
non-repayable
(Jobs and Growth Fund)
 
Holly Chisholm
Manager of Operations and Investment
Cape Breton Capital Group
902-565-9782
holly@capebretoncapital.com
 
Total   $1,869,900  

Contacts

Marianne Blondin
Press Secretary
Office of the Minister of Official Languages and of the
Atlantic Canada Opportunities Agency
Marianne.Blondin@acoa-apeca.gc.ca

Chris Brooks
Communications Director
Atlantic Canada Opportunities Agency
902-830-3839
chris.brooks@acoa-apeca.gc.ca

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