Business Intelligence and Startup

Nova Scotia: Entrevestor Startup East report, released earlier this quarter, showed the region total number of startups increased by 90 to a total of 355 new companies, according to The Chronicle Herald. That a jump of 24 per cent compared with 2014 total. A comprehensive report on Atlantic Canada startup scene, published by business intelligence provider Entrevestor, offers insights into Nova Scotia current cohort of new companies. Of that total, 188 companies were based in Nova Scotia, 94 in New Brunswick, 37 Newfoundland and 36 in P.E.I. The report defines a startup as a locally-owned company developing a proprietary technology-based product for a global market. With 128 in total, Halifax is home to more than one-third of the 355 startups. According to the report, a startup can't be a service company, must have at least one founder living in Atlantic Canada and must be diligently progressing. (www.immigrantscanada.com). As reported in the news.