COVE Cleaned Up


June 12, 2018

Industry, partners and tenants gathered in Halifax, Nova Scotia, on June 6thto launch the new Centre for Ocean Ventures and Entrepreneurship, known as COVE. Tim Edwards, Executive Director of the Nova Scotia Boatbuilders Association confirms the association will be relocating to the COVE this August.

COVE is a world-class facility for applied innovation in the ocean sector and the only such hub of its kind in the world where start-up companies, small and medium sized enterprises, large firms and post-secondary expertise are housed together developing ocean technology. At least 40 organizations are expected to work out of COVE, with the first company, Kraken Robotics, moving in at the beginning of July.

COVE tenants will benefit from collaborative spaces, shared equipment, workshops, machine shop and marine services, wharves, direct ocean access, incubation space and programming, and more. COVE will also include a “Startup Yard” incubator for new ocean technology companies, which will be managed by Innovacorp.

COVE Sign Installation“COVE will propel our ocean economy and give innovators the support they need to build great companies,” said Minister LabiKousoulis on behalf of Nova Scotia’s Minister of Business Geoff MacLellan. “We are proud to have this world-class facility in our province and region.”

COVE has been developed with the generous support of the Province of Nova Scotia, Government of Canada and Irving Shipbuilding. In addition to the purchase of the property, the Province of Nova Scotia has invested approximately $15 million in the renovations of the site as well as IT infrastructure, and will contribute $300,000 annually for incubation activities. The Government of Canada has also contributed $7.2 million to the project under the Post-Secondary Institutions Strategic Investment Fund andIrving Shipbuilding has invested $4.5 million through the National Shipbuilding Strategy.

The Nova Scotia Boatbuilders Association is celebrating its 20th anniversary this year, and will be moving its Halifax-based offices to COVE on the Dartmouth waterfront on 1st August.

COVE Steve Girard Leeway MarineThe Nova Scotia Boatbuilders Association (NSBA) was established 20 years ago to help grow and diversify the boatbuilding industry in Canada’s Maritimes. The NSBA has 44 boatbuilding companies and 53 marine supplier companies in its membership. NSBA members design and build a diverse range of commercial and recreational small vessels up to 24 meters in length – including autonomous drones, commercial fishing boats, workboats, and around-the-world sailboats.

To help provide recognition for those already working in the industry, and to provide structured training for those entering it, the NSBA established two trades in partnership with the Nova Scotia government: Boat Builder and Marine Service Technician. Each trade has a competency-based apprenticeship program to support it, which is helping attract more young people into the sector.
The NSBA also promotes its members nationally and internationally, provides technical and market advice, and represents the boatbuilding sector at all levels of government.

Tim Edwards, Executive Director stated, “Being a tenant at COVE will create new opportunities for collaboration and partnership with others in the Oceans Technology sector – and this will benefit NSBA members in the boatbuilding industry, including small vessel manufacturers, designers, trainers, regulators, surveyors and academics. We are very excited to be part of COVE.”

Related Posts

Princecraft Boats upgrade their facilities with an investment of over $4 million for the addition of a powder coating line


Princecraft boats on April 17, 2024, announced to their employees, a major investment in one of their three Princeville plants, which will include the installation of high-tech powder coating capabilities. The nearly $4 million upgrade marks the largest investment in Princecraft facilities since the early 2000s and will improve operational efficiency, product quality and better poise the company for response to demand.

Read More

Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.

The Hydrobike, a key concept that embodies a vision for the future

DECATHLON, determined to erase the boundary between land and water, introduces its latest forward-thinking concept: the HydroBike. This innovation from the French sports giant aims to democratize access to nature while staying ahead in the transformation of their business model. 

The initial assessment: paddle sports are often inaccessible to less experienced individuals, assuming the acquisition of paddling skills.

Read More

ACR Electronics emergency beacons are designed with one purpose: to save lives.

Hubbell-Marine Stainless steel outlet covers

An all-encompassing and dependable set of vital resources, ACR GlobalFix V5 AIS RLS EPIRB Survival Kits ensure security and survival in waterborne emergencies. The most advanced EPIRB (Emergency Position Indicating Radio Beacon) available, the ACR GlobalFix V5 EPIRB combines 406 MHz satellite connectivity with Automatic Identification System (AIS) functionality.

Read More