Halifax, NS – Prosaris Solutions Ltd (“Prosaris”) has once again been selected as part of Innovacorp’s Winter 2021 Sprint program after success in the Fall 2021 program. Prosaris is one of seven companies to advance to the final round from an initial pool of 40 applicants. As part of its selection, Prosaris will receive an additional $25,000 and access to Innovacorp’s wealth of entrepreneurs and business professionals.
Innovacorp’s Sprint program finds and supports high potential, early-stage knowledge-based companies, and encourages entrepreneurial activity in Nova Scotia.
Funding from the Sprint program will strengthen the testing and validation of various features of the Prosaris OL1 Directional Ultrasonic Leak Detector, while Innovacorp’s Entrepreneur-in-Residence will continue to advise the company on reinforcing its strategic objectives. Together, the participation of Prosaris in the Sprint program will propel the company’s innovation further and bring the OL1 to market faster.
Prosaris is challenging the status quo of leak detection. The ultrasonic technology used in the Prosaris OL series helps operators track down and manage even the smallest leaks quickly and efficiently. That’s better for business, the environment, and for the safety of staff and customers. And that’s good for us all.[[SC1]](#_msocom_1) Learn more at prosaris.ca.
Innovacorp is Nova Scotia's early stage venture capital organization. It works to find, fund and foster innovative Nova Scotia start-ups that strive to change the world. Early stage investment is at the core of Innovacorp’s business model. It also gives entrepreneurs access to world-class incubation facilities, expert advice and other support to help them accelerate their companies. Target industries include information technology, life sciences, clean technology and ocean technology. Learn more about the Sprint Program.