February 11, 2021 – In Atlantic Canada, the ocean not only creates good jobs, but is an important part of the region’s culture and identity. That is why the Government of Canada is helping the Centre for Ocean Ventures & Entrepreneurship (COVE) provide high quality marine infrastructure and a collaborative space for ocean businesses to start, grow and prosper.
Dartmouth-Cole Harbour MP Darren Fisher announced a $1 million non-repayable contribution to support the creation of Stella Maris, a multi-user marine testing platform at COVE. The announcement was made on behalf of the Minister of Economic Development. The Minister of Fisheries, Oceans and the Canadian Coast Guard also participated in the virtual announcement.
The COVE project will help Canadian ocean sector firms develop, test and commercialize new marine sensor technologies more quickly and cost-effectively. It will also foster collaboration and facilitate data sharing to support product research, development and demonstration. The Province of Nova Scotia is also contributing $325,000 to the project.
Today’s announcement further demonstrates the Government of Canada’s commitment to support the ocean technology sector so it can move quickly to meet the demands of an ever-changing global marketplace. Projects like this one drive innovation, create jobs and strengthen the region’s growing ocean economy.