From a release
HALIFAX: The province is supporting Nova Scotia entrepreneurs through new funding for startup hub Volta.
Susan Corkum-Greek, Minister of Economic Development, announced an investment of nearly $3.8 million at the grand opening of Volta’s new space in Halifax on November 14.
“Volta has a proven track record of success when it comes to supporting entrepreneurs to launch and grow their startups,” said Corkum-Greek.
“This funding contributes to our active startup community and will help even more Nova Scotia businesses take risks, build momentum and thrive.”
Volta will use the funding – $750,000 per year for five years – to continue delivering educational programs, mentorship, tools and supports to help startups grow their businesses.
“This support provided by the Government of Nova Scotia is critical to our community’s success. The investment in Volta’s new space at the Armoyan Centre enables us to provide a community centre for entrepreneurs to learn, work and support each other.
This commitment in long-term funding reinforces our shared priorities and dedication to supporting founders and their teams in creating jobs and strengthening the economic landscape of Atlantic Canada.”
– Matt Cooper, CEO, Volta
“Being a founder of a startup can be a lonely and extremely challenging experience, but Volta has made it easier with education, advisory support and most importantly, a great startup community.
Having a physical space to gather and trade wins, sorrows and ideas is essential for the health of our companies and their teams.”
– Laura Simpson, CEO and co-founder, Side Door (a Volta resident company)
— Volta was established in 2013 by a group of emerging technology entrepreneurs and currently supports 61 resident companies
— the five-year agreement is in place until March 31, 2028