TECHBRAIN NETWORKS

GROWING SECTOR IN HALIFAX

IT, GAMING & DIGITAL MEDIA:

 If you’re interested in starting a business in Halifax, the IT,
Gaming & Digital Media sector is a great place to start.
 This sector is thriving in Halifax, with a growing number of
companies and a highly skilled workforce.
 One of the key advantages of doing business in this sector in
Halifax is the city’s tech diversity and wage growth.
 According to the Halifax Partnership, the city is ranked #2 in
Canada for tech diversity and wage growth.
 This means that there is a wide range of tech companies in the
city, and wages in the sector are growing faster than in other
sectors.
 Halifax is also home to a number of key players in the tech
innovation ecosystem, including the Volta Innovation Hub, a
startup incubator and co-working space, and the Creative
Destruction Lab Atlantic, a program that helps startups scale
their businesses.
 Another advantage of doing business in this sector in Halifax is
the city’s highly skilled workforce.
 There are a number of universities and colleges in the city that
offer programs in IT, gaming, and digital media,
including Dalhousie University and the Nova Scotia Community
College.
 This means that there is a large pool of talent for businesses to
draw from.
  If you’re thinking about starting a business in the IT, Gaming &
Digital Media sector in Halifax, there are a few things to keep in
mind.
 First, it’s important to have a solid business plan and to do your
research on the market and competition.
 Second, it’s important to network and build relationships with
other businesses and organizations in the sector.
 Finally, it’s important to stay up-to-date on the latest trends and
technologies in the industry.

FINANCIAL SERVICES:
 The financial services industry in Halifax is an established
sector and, with over 1,000 finance, insurance, and real estate
companies, Halifax is the financial services and insurance
capital of Atlantic Canada.
 This sector is also one of the largest concentrations in Canada,
making it a hub for financial activity.
 Halifax’s financial services industry is a global and national
centre for shared services, technology, and middle office
locations.
 The city offers a range of business services, including
accounting, legal, and consulting services, making it easier to
start and grow your business.
 In addition to the established companies, Halifax has a
thriving startup community in the financial services sector.
  The city offers a range of resources for entrepreneurs, including
mentorship programs, funding opportunities, and networking
events.
 If you’re interested in starting a business in the financial
services industry in Halifax, there are several resources available
to help you get started.
 The Halifax Partnership’s Financial Services sector page
provides information on the industry and why Halifax is a great
place to do business.
 Additionally, the Invest Nova Scotia website offers resources
for starting and growing a business in Nova Scotia.

OCEAN TECHNOLOGY:
 Halifax is a natural place to get into the ocean technology sector.
 Halifax is Canada’s “ocean city”, and it offers a deep and
diverse ecosystem of customers, partners, and suppliers to ocean
innovators and companies from around the world.
 The ocean technology industry is one of the region’s largest
advanced technology industries with high levels of R&D and
innovation, highly-skilled talent, and an export focus.
 According to the Halifax Partnership, the ocean-technology
industry accounts for about one-third of total R&D among all
industries in Nova Scotia.
 More than $500 million in strategic ocean investments have
been made in the province of Nova Scotia, which has helped to
 create a supportive business environment for ocean technology
companies.
 The industry includes a range of sub-sectors, including ocean
observation and monitoring, marine robotics, underwater
acoustics, and ocean data analytics.
 One of the advantages of the ocean technology sector is that it
has a global market.
 According to a report by Startup Genome, Atlantic Canada’s
ocean technology startup sector has been ranked in the top 10 in
the world’s blue economy.
 The report highlights that the sector has strong access to
funding, talent, and research institutions.
 Halifax is home to Canada’s largest center for ocean research,
the Bedford Institute of Oceanography, with 600 scientists,
engineers, and technicians.
 The region is also home to the Halifax Marine Research
Institute, which is a non-profit research organization focused on
advancing ocean research and technology.

TRANSPORTATION & LOGISTICS:

 Another established (and growing) industry in Halifax
the transportation and logistics sector.
 Halifax has a strategic location for moving goods in and out of
North America and traveling to and from international
destinations.
The Halifax Gateway is built for speed and volume by road,
rail, air, and sea. Here are some key points to consider:

 Halifax is connected to 150+ countries through its deep-

water port, international airport, and major highways.
 The Halifax Gateway is a strategic location for moving
goods in and out of North America and traveling to and
from international destinations.
 This makes it an ideal location for businesses that
require efficient transportation and logistics.

 The transportation and logistics sector in Halifax is

diverse and includes companies that specialize in supply
chain management, dedicated transportation,
commercial fleet management, freight brokerage, and
warehousing.

 Halifax has a skilled workforce that is well-trained in

transportation and logistics.
 The city has a number of training programs and
educational institutions that offer courses in logistics,
supply chain management, and transportation.
 This means that businesses can easily find qualified
employees to fill their job openings.
HEALTH & LIFE SCIENCES:
 Another growth industry in Halifax is the Health & Life
Sciences sector. With anchor institutions such as the QEII
Health Sciences Centre, Life Sciences Research Institute,
the Brain Repair Centre, and Genome Atlantic, you’ll have
access to state-of-the-art incubator facilities and resources to
help you grow your business.
 The bioscience sector in Atlantic Canada has become a key
driver of economic growth and diversification for the region,
with Halifax being a major player in this industry.
 According to a PDF report, the Health & Life Sciences sector is
one of the fastest-growing sectors in Nova Scotia, with a
projected growth rate of 5% per year.
 The Health & Life Sciences sector in Halifax is focused on
developing innovative solutions to medical challenges, with
research aimed at helping people struggling with rare diseases,
debilitating pain, and sleep apnea.
 According to a news release, Halifax health science firms are
pursuing innovative solutions to these challenges, making the
city a hub for cutting-edge research in the field.
 In sum, the Health & Life Sciences sector in Halifax is a rapidly
growing industry with plenty of opportunities for entrepreneurs.
 With access to state-of-the-art facilities, resources, and support
services, starting a business in this sector is a smart choice for
anyone looking to make their mark in the world of bioscience.