05 Dec Fostering Entrepreneurship and Growing Innovative Start Ups
Your Liberal government knows that funding innovative technology is vital for our economic future. That’s why we want to support those who take risks and explore new ways of doing things.
We are pleased to announce that we are investing a total of $2.25 million in Volta Labs over the next three years.
Volta Labs was established in 2013 by a group of emerging entrepreneurs and is now a cornerstone of Halifax’s innovation district.
“This funding will give more entrepreneurs in Nova Scotia the support they need to start great companies,” said Premier Stephen McNeil. “It will also help our vibrant startup community continue to grow. Ultimately, that means more jobs and opportunity for young Nova Scotians.”
This is how we believe as your Liberal government, we can best help create the right conditions for innovation and economic growth in this province.
To ensure that happens, we must invest in people and in the places where innovation succeeds – places like Volta Labs.
With this funding, Volta Labs is tripling in size to better serve its growing network of entrepreneurs and Halifax’s growing technology community.
The expansion will include more office space for startups of all stages and sizes, and a new event space on the Barrington Street level of the Maritime Centre. Funding will also support Volta’s operations over the next three years.
As Liberals, we want to build a stronger province, where new businesses thrive and entrepreneurs succeed. We want to encourage others to keep going, take those risks and think outside the box. That is the path forward. That’s how we grow our economy, create jobs, and keep more young people at home.