Atlantic Canada Opportunities Agency
Atlantic Canada Bioscience Incubator Boosted
Emergence 4.0 investment will expand mentorship, commercialization, and investment support for bioscience firms across the region
March 13, 2025 · Charlottetown, Prince Edward Island · Atlantic Canada Opportunities Agency (ACOA)
Atlantic Canada’s bioscience sector continues to grow at an impressive pace, creating jobs and driving innovation across the region. To support this momentum, the Government of Canada is investing in the Emergence Bioscience Business Incubator, a key initiative that provides critical commercialization and mentorship services to bioscience companies across the region.
Supporting the Future of Bioscience in Atlantic Canada
Today, Sean Casey, Member of Parliament for Charlottetown, announced a $2,569,000 investment to support the delivery of Emergence 4.0 by the Prince Edward Island BioAlliance. The announcement was made on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA.
This investment will enhance the capacity of Emergence to support the formation and growth of innovative bioscience companies that are leading the way in Atlantic Canada. Emergence will continue to develop its mentorship network, increasing access to investment opportunities, and supporting bioscience firms in navigating commercialization and regulatory pathways.
This investment is another demonstration of the Government of Canada’s commitment to fostering regional innovation and driving economic growth through strategic investments in high-potential sectors.
https://www.canada.ca/en/atlantic-canada-opportunities/news/2025/03/boosting-atlantic-canadas-bioscience-business-incubator.html