Ever since 2014’s ‘Now or Never Report’ was released, Nova Scotia has been busy pursuing opportunities to enhance and support entrepreneurs. Through a variety of programs and government groups, Nova Scotia’s startup ecosystem has become one that fosters education, employment, and connection. However, we lack the formal insight and knowledge of the enabling factors (and challenges) to starting and growing a business in Sydney, Nova Scotia.
This research project seeks to identify the programs and supports available to entrepreneurs in Sydney, Nova Scotia and to highlight what Sydney-based entrepreneurs deem the most meaningful programs that assist business development. Through this project, a list of Sydney’s most impactful supports, challenges, and opportunities will be reviewed.
These research-backed opportunities might serve as guidance for local interest groups to further refine and optimize the startup ecosystem of the Sydney community.
In Short: The output of this research project will answer the research question: What are the enabling factors and constraints of starting and growing a business in Sydney, Nova Scotia?
Benefits of this Research
As stated in the research summary, the research-backed opportunities found within this study might serve as guidance for local interest groups to further refine and optimize the startup ecosystem of the Sydney community. More specifically, this research is anticipated to provide benefits to 3 different groups:
1. For Aspiring Entrepreneurs – To understand what the pros and cons are to starting a business in Sydney, assisting early-stage planning, headquarters location, and which groups will be of most benefit to their journey.
2. For Existing Entrepreneurs – To identify programs and training opportunities that entrepreneurs might not know exist in our community, giving opportunities to acquire talent through salary incentive programs, education programs, and networking services.
3. For Government Interest Agencies – To see where entrepreneurs are realizing the most amount of impact and value from government-sponsored services to the startup ecosystem, and where opportunities lie for further improvement. This research might justify creating new programs to assist entrepreneurs, further building Sydney’s startup ecosystem.
Table of Contents
This is the offical contents of the research report The Entrepreneurial Ecosystem of Sydney, Nova Scotia. To view our preliminary research summary and anticipated benefits, click here.