Startup Genome Partners to Strengthen Atlantic Canada’s Entrepreneurial Opportunities

Global economic transformation specialists partner with Atlantic Canada leaders to further accelerate their startup community, support organizations, and comprehensive entrepreneurship
Startup Genome
on March 24, 2022

Startup Genome is partnering with Innovacorp, Genesis, Innovation PEI (Prince Edward Island), CDL-Atlantic (Creative Destruction Lab Atlantic Canada), ACOA (Atlantic Canada Opportunities Agency), and NBIF (New Brunswick Innovation Foundation) to study and support Atlantic Canada’s entrepreneurial and innovation ecosystem development. Under the terms of the agreement, the parties are working together to assess the current entrepreneurial climate for early-stage startups and are prioritizing additional ways to advance development, particularly in information technology, life sciences, clean technology, and ocean technology.

Using a combination of global datasets and survey data, Startup Genome is conducting an in-depth analysis to determine Atlantic Canada’s ecosystem stage of development, create benchmarks against peer and top global startup ecosystems, and examine the opportunities and gaps as well as strengths to be capitalized on.

Startup Genome is working closely with InnovacorpGenesisInnovation PEICDL-AtlanticACOA, and NBIF to:

  • Conduct a founder-focused, scale-up assessment and diagnostic with founders and/or executives of tech-enabled businesses less than 10 years old.
  • Identify verticals of strength and latent potential in traditional and emerging industry sectors.

  • Deliver a data-driven foundation that enables ecosystem leaders to confidently drive consensus among decision makers.

  • Provide global Member network access, facilitating knowledge sharing among government policy and program design, and ecosystems and community practices.

Insights gleaned from the analysis will assist local and community leaders and stakeholders in uniting Atlantic Canada’s regional entrepreneurial resources to deliver more new business startups and business success.

With 100 clients across six continents in more than 45 countries to date, Startup Genome is the world-leading research and policy advisory organization for public and private agencies committed to accelerating the success of their startup ecosystem.

“The performance of start-ups in our region over the past three years along with the growth of capital raised demonstrates the success Atlantic Canadian companies are having on the global stage,” said Malcolm Fraser, president and CEO at Innovacorp. “We’re excited to work with Startup Genome to better understand our vibrant and growing ecosystem. We’ll use the research results to continue to make Atlantic Canada a great place to start your early stage high growth company.”

“Startup Genome is proud to support this team as they build a thriving startup ecosystem building on Atlantic Canada’s existing strengths so entrepreneurs and innovators can foster a reliable hub of job creation and economic growth for the region,” shares JF Gauthier, Founder and CEO of Startup Genome.

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