Villaumé Named New CEO of TechNL

After six years leading the Memorial Centre for Entrepreneurship, Florian Villaumé has been selected as the new CEO for techNL, the Newfoundland and Labrador association for digital industries.

The techNL board’s search committee had been working with the seach agency Knightsbridge Robertson Surrette for several months to find a replacement for former CEO Paul Preston. He left the organization

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CEO Casey To Leave Volta

Volta CEO Martha Casey will step down this month after almost two years in the role, rejoining former collaborator Richard Florizone at the International Institute for Sustainable Development, or IISD, as Vice-President of Operations and Organizational Transformation.

Casey previously served as Florizone’s chief of staff when he was president of Dalhousie University. There, she was involved in

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NBIF Funds 3 AI Projects

The New Brunswick Innovation Foundation has announced $1 million of investments in a trio of artificial intelligence research and development projects via its Strategic Acceleration program for ongoing research projects.

The three university-based R&D groups have also leveraged the money from NBIF to raise another $946,000 of funding, including money from the private sector. The Strategic

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Cape Breton Capital Opens Its Doors

A group of 26 Cape Breton investors have pooled $1.3 million of their personal money to form the island’s first venture capital fund, Cape Breton Capital Group.

General Partner Todd Mercer, who runs residential oil supply company Mercer Fuels, said in an interview that the fund was inspired by regular gatherings of local businesspeople, during which they often discussed ways of fostering

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$2M Raise To Fund Dear Life’s Pivot

A $2 million capital raise by Halifax’s Dear Life will go towards developing an online platform to automatically comb through users’ raw video clips and edit them into compilations, according to company President Harrison Smith.

The funding round was led by OMERS Ventures, the venture capital arm of pension fund behemoth OMERS, which manages money for just under 500,000 public sector workers in

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Dal to Launch Scientific Research Program

Dal Innovates, the innovation arm of Dalhousie University, plans to launch the Scientific Venture Program this autumn, rounding out a suite of programs designed to develop entrepreneurial thinking.

The program will help people working on post-doctoral research to develop companies based on their scientific work. It was developed by Montreal’s Concordia University, which modeled it on the Runway

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Innovation District Showcases Ecosystem

The Halifax Innovation District has begun a series of articles that show how Halifax entrepreneurs are using the city’s startup ecosystem to develop their businesses.

The first two articles, which detail how companies receive support from Volta and COVE, have appeared on the Innovation District website. The District, which is overseen by the Halifax Partnership, commissioned Entrevestor writers

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PragmaClin Wins Woodward Cup

St. John’s-based PragmaClin Research has won first place and $25,000 in Memorial University’s annual Mel Woodward Cup, as Co-Founders Bronwyn Bridges and Gord Genge prepare to trial their software and hardware suite for helping Parkinson’s patients.

PragmaClin’s technology — dubbed PRIMS, or Parkinson’s Remote Interactive Monitoring System — is designed to allow clinicians to perform assessments

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