Technology Sector
A fast-growing tech ecosystem built on research strength, talent, and cross-industry innovation.
Newfoundland and Labrador’s capital region has emerged as one of Atlantic Canada’s most dynamic technology environments, producing companies with global reach in software development, simulation, digital oceans, climate technology, fintech, and applied AI.
At the core of this growth is a strong talent pipeline from Memorial University and a collaborative start-up ecosystem anchored by Genesis. Technology firms benefit from close proximity to major industries such as oceans, energy, aerospace and defence, creating opportunities to develop specialized tools and solutions for high-value markets worldwide.
Key Strengths
Rapidly expanding tech sector with global potential
Strong supply of graduates in computer science and engineering
Genesis, Newfoundland and Labrador’s hub for early-stage innovation, helps founders turn bold ideas into thriving companies.
Digital ocean, climate tech, and simulation leadership
High retention and strong quality of life for employees
Lower operating costs relative to larger Canadian tech hubs
Cross-sector collaboration driving acceleration and scale
The Technology Advantage
The capital region offers tech companies the talent, research strength, and sector connections they need to build, scale, and export digital innovation to global markets.
Never underestimate what a small and mighty ecosystem can accomplish globally.
Newfoundland and Labrador has earned its place in the global technology conversation.
— Florian Villaumé, CEO, techNL
Data That
Tells a Story
Explore interactive visualizations that uncover insights, reveal trends, and help guide smart decisions. Our charts and graphs turn numbers into narratives—helping you understand and explore key information at a glance.