Truro News

Ulnooweg CEO appointed to Innovacorp board

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Chris Googoo, Ulnooweg Developmen­t Group’s Chief Operating Officer, has been appointed to the Innovacorp board of directors.

Innovacorp is Nova Scotia’s early stage venture capital organizati­on, focused on investment and support for innovative technology start-up companies. Ulnooweg has been providing loans and business services to Indigenous business enterprise­s and entreprene­urs throughout Atlantic Canada since 1986.

“The synergies between the two organizati­ons are extraordin­ary and open the door for a more collaborat­ive approach to nurturing Indigenous entreprene­urial talent,” says Googoo, of Millbrook.

Ulnooweg has representa­tives in Nova Scotia, New Brunswick, and Newfoundla­nd and Labrador.

It serves as an advocate for Indigenous entreprene­urs and supports youth, enabling them to develop skills for careers in the fields of science, technology, engineerin­g, arts and mathematic­s (STEAM).

“At a time when the demography of Atlantic Canada and Nova Scotia is so challengin­g, the Indigenous community can be an important source of talent,” says Googoo.

This collaborat­ion with Innovacorp means the impact of both organizati­ons can be amplified at a time when there is a strong national interest in forging a new relationsh­ip and reconcilia­tion with Canada’s First Peoples.

Googoo is enthusiast­ic about this opportunit­y to join Innovacorp’s board.

“I believe that supporting new and growing enterprise­s, including Indigenous entreprene­urs, in the fields of IT,

life sciences, clean technology and ocean technology – Innovacorp’s target sectors – will make Nova Scotia more competitiv­e in attracting talent and investment.”

Innovacorp Board Chair Rodney Burgar is equally enthusiast­ic about this appointmen­t.

“We want to embrace Indigenous entreprene­urship and Chris’ experience and commitment to advancing economic growth within Atlantic Canada will benefit Innovacorp’s internal team, as well as our clients,” he said.

Federal funding was recently announced for a unique provincewi­de Federal educationa­l initiative, led by Ulnooweg, which will deliver qualitativ­e digital learning, resources and programmin­g to children and youth in every Mi’kmaq community across Nova Scotia.

 ?? THE CANADIAN PRESS ?? Chris Googoo, CEO of Ulnooweg Developmen­t, will serve on the Innovacorp board of directors.
THE CANADIAN PRESS Chris Googoo, CEO of Ulnooweg Developmen­t, will serve on the Innovacorp board of directors.

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