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McGuire Aims To Aid Scale-Ups

Francis McGuire, president of ACOA. Image: Inda Intiar/Huddle

This is the second in a two-part series on our interview with ACOA president Francis McGuire.

Francis McGuire draws an analogy with baseball to describe the Atlantic Canadian startup community, saying a lot of young entrepreneurs have hit singles and now they have to progress toward home plate.

In a wide-ranging interview, the President of the Atlantic Canada Opportunities Agency said the support organizations need to find creative ways to help scaling companies – and in ways other than providing financing. The key, he suggested may be in helping these companies hire key personnel.

McGuire also highlighted the region’s strengths in key sectors like life sciences and ocean technologies, and said Atlantic Canada needs to think more regionally about the development of the startup community.

“We know how to get people to first base,” said McGuire. “We have to focus more on getting them to second base. The next step is helping them to find the right people.”

Read the rest at Entrevestor.