Atlantic Canada offers a robust Life Sciences ecosystem, from Halifax’s Life Sciences Research Institute, an integrated facility for scientists, students, and entrepreneurs, to Charlottetown’s $30 million BioCommons. According to Financial Times’ fDi Benchmark, Halifax is the third most cost-effective location for operating a Life Sciences research center in Canada and the USA. It’s produced such landmark deals as Ocean Nutrition Canada’s $540 million exit and ABK Bioscience’s US$30 million Series B round in 2019.

Atlantic Canada is home to Canada’s Ocean Supercluster, which will feature more than $300 million in R&D spending from the private and public sectors. The region includes the Centre for Ocean Ventures and Entrepreneurship, a collaborative space for ocean-related innovation, and the Ocean Frontier Institute, which leverages Dalhousie University’s ocean research activities.