Innovacorp

Innovacorp is a Nova Scotia crown corporation managing an early-stage venture capital fund.

[1] Its goal is to help early stage Nova Scotia companies commercialize their technologies for export markets.

[2] Innovacorp established a yearly technology start-up competition (I3) with a top prize of $100,000.

[5] Innovacorp investments include [6] companies such as SimplyCast,[7] CarbonCure, GoInstant, SabrTech, Equals6, AioTV, LiveLenz, TruLeaf, DeNovaMed, Airline Employee Travel Inc (GoBumpFree),[8] Proposify and TitanFile.

In 2021, shortly after Meta Materials was listed on the Nasdaq stock exchange, Innovacorp sold its shares, resulting in a $104-million return on investment.