The University of New Brunswick’s J. Herbert Smith Centre for Technology Management and Entrepreneurship (TME) is pleased to announce Scale Up Atlantic Canada’s first official cohort. 

Scale Up Atlantic Canada will provide start-up companies the expertise to grow quickly and learn how to increase sales by either 25 per cent or $1 million or more. The 15 companies selected to participate in the program are from a wide range of industries and sectors across the Atlantic region:

By investing in Scale Up Atlantic Canada, UNB, Atlantic Canada Opportunities Agency(ACOA) and Opportunities New Brunswick (ONB) are building on federal and provincial commitments to drive economic growth in the Atlantic region.  Scaling up will help companies grow and succeed that will move the economy forward by creating jobs and strengthening communities. ACOA has invested $350,000 in the program. 

Scale Up Atlantic Canada will be hosted at UNB and led by Dr. Daniel Isenberg and his team of professionals from Babson College in Wellesley, Mass. The program will mix peer-to-peer support with classroom-based learning opportunities and include workshops in sales and marketing, finance and organizational development.

Monthly workshops begin March 21 and will run until September 2019.

Quotes: 

“For Atlantic Canada’s startup ecosystem to be successful we not only need programs to launch companies, we need programs that provide the expertise to help firms grow. UNB is thrilled to be the first Canadian university to offer renowned Scale Up programming in conjunction with Dr. Daniel Isenberg and team.”

• Dr. Dhirendra Shukla, professor and chair of the Dr. J. Herbert Smith/ACOATechnology Management & Entrepreneurship Program at UNB

“Our government is proud to support the J. Herbert Smith Centre as it brings its Scale Up Program to fruition. I am confident the results achieved will fuel growth, spark innovation, strengthen our economy, and help each company involved continue to create opportunities in their communities and beyond.  Congratulations to all the cohorts announced today.”

• Matt DeCourcey, Parliamentary Secretary to the Minister of Immigration, Refugees and Citizenship and Member of Parliament for Fredericton on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA 

"The knowledge and skills the companies will gain through Scale Up Atlantic will increase their growth potential and help energize the private sector.  Our government is committed to creating the right environment for New Brunswick businesses to succeed."

• Honourable Mary Wilson, Minister of Economic Development and Small Business and Minister responsible for Opportunities NB 

Media contacts:

Angie Deveau - Communications Officer, University of New Brunswick, 506-458-7925

Jennifer Houle - Senior Communications Officer, Atlantic Canada Opportunities Agency, 506-261-5534

Mary-Anne Hurley-Corbyn - Director of Communications, Department of Economic Development and Small Business, 506-429-2624

Photo: available upon request