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If you're an entrepreneur launching a start-up, chances are you've heard about incubation facilities. More than just a buzzword, incubation facilities offer the environment companies need to grow stronger, faster.
And they are much more than just space and infrastructure. It’s a community. It’s on-site support, flexible leasing and credibility. It’s what you need to increase success and save money.
Research shows that business incubation programs significantly lower the risk of small business failure.
What entrepreneur doesn't want to improve their odds of success?
Figures from the Canadian Venture Capital and Private Equity Association show that startups in Nova Scotia raised a total of $64 million to $77 million in total VC investment in each of the past three years.
Just minutes from downtown Halifax, our incubation facility The Bays is where some of the province's top technology entrepreneurs gather to take advantage of world-class facilities.
This is where you want your start-up to be. Here, you get everything from our hands-on business guidance to enterprise-grade voice and data networks — all you need in a resource to gain a competitive advantage in the global marketplace.
Startup Canada Innovation Award winner, Sona Nanotech, produces microscopic gold nanorods for diagnostic tests and medical applications. The company has taken up residency at The Bays.
When Sona was on the hunt for a new home in Halifax, Invest Nova Scotia had everything we were looking for, which is why we set up our laboratory facilities at The Bays. We now have an excellent base from which to grow our business.
Darren Rowles
CEO and President
Sona Nanotech Inc.