AscendBio

By mmuise
Description:

AscendBio in Cape Breton, Nova Scotia, enables companies in the industrial biotech and agritech sectors to scale up their technologies and business operations. This is possible thanks to the Verschuren Centre’s scientific and technical expertise and infrastructure, along with Invest Nova Scotia's sector expertise, business support and international networks. Companies that join the AscendBio program receive support to achieve technical milestones, raise the capital required, garner market insight, connect with potential customers and partners and join a community of like-minded companies.


Comments on Funding:

No funding involved.

Deadline: Continuous Intake
Eligibility:

Applicants must be:

  • helping to address one of the world’s biggest sustainability challenges: mitigating climate change or feeding the world’s growing population;
  • beyond the early stage and have strong customer-focused milestones.
Application Steps:

Applicants must contact Paul Richards and Beth Mason at ascendbio@investnovascotia.ca.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

So far, more than 15 companies have experienced the AscendBio advantage. Together they raised $15 million in a year and continue to grow, with a combined valuation of $43 million.

About the author
mmuise