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Cape Breton startups win cash

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Four Cape Breton start-ups have received a combined $125,000 and the opportunity to take their businesses to the next level.

Rest Assured Health Corp. ($45,000), Maskwiomin ($40,000), COR-Qual ($25,000) and Novimedical ($15,000) were among 11 businesses in rural Nova Scotia that won a total of $375,000 through the Spark Nova Scotia 2020 competition.

The winners were announced during an online award celebration on Monday.

The program, which is administered by the Nova Scotia Association of Community Business Development Corporations funded by the Atlantic Canada Opportunities Agency, provided weeks of business training to 43 qualified applicants across the province. Twenty finalists advanced to pitch training and pitch competitions to independent judges from among sponsors, government and local businesses.

“We were delighted to see so many high-quality start-ups from communities across Nova Scotia,” said Erinn Smith, executive director of the Nova Scotia Association of Community Business Development.

“We were thrilled with the training results, all delivered via Zoom this year, and we know the judges had a tough time selecting finalists and winners.”

Winners were chosen from three regions — Cape Breton, Nova Scotia North and Nova Scotia South.

In the north, Authentic Business Initiatives ($35,000), Plasma Agrisol – ($35,000), Food for Thought Software Solutions ($30,000) and Drastic Scholastic Thermoplastic ($25,000) took home the prizes.

In the southwest, Formula Consulting Inc. ($50,000), Remote Energy Systems ($50,000) and Auto Bait Bagger ($25,000) were selected.


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