Atlantic Canada’s ocean startup ecosystem continues to bring new technologies to market, creating jobs and strengthening Canada’s position as a leader in sustainable ocean practices.
Innovating Canada’s ocean economy
Dartmouth-based ocean technology startups, Dartmouth Ocean Technologies and Sedna Technologies are developing and commercializing sensor solutions to support aquaculture and other ocean enterprises. Both companies are located at the Centre for Ocean Ventures and Enterprises (COVE), a collaborative hub for applied innovation in the ocean sector.
Federal investements to strengthen aquaculture
Today, Darren Fisher, Parliamentary Secretary to the Minister of Health and Member of Parliament for Dartmouth – Cole Harbour, on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, announced a total of $547,500 in repayable contributions to Dartmouth Ocean Technologies and Sedna Technologies. This support will allow the companies to pursue technology development and commercialization projects.
Today’s announcement is further proof of the Government of Canada’s commitment to Canadian businesses – helping them not just survive, but thrive. Projects like these will help ensure ocean entrepreneurs have the tools and resources they need to contribute to Canada’s economic recovery.