GetGifted Calls It a Day

GetGifted has sent out its last gift list.

The Charlottetown startup that helped local merchants reward customers by giving them gifts announced on social media Tuesday that it would cease operations.

CEO and co-founder Gillian McCrae said in an interview that merchants were still using the weekly gift lists. However, she and her team came to understand the resources needed to roll out the

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NS Gives $400K to Brilliant Labs

The Nova Scotia government announced Tuesday it will contribute $400,000 to Brilliant Labs, an initiative that encourages technical education in schools in Nova Scotia and New Brunswick.

Premier Stephen McNeil said the government will ensure the initiative operates through all eight school boards in the province in the 2015-16 school year.

Under the terms revealed Tuesday, the not-for-profit initiative aims to provide lab space, to teach a range of technical skills and to encourage collaboration with industry.

A statement from the government said it will offer labs where students can

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Addo Aims to Grow Across Canada

At Volta, Moses is leading his people to the promised land of wellness and productivity.

In this particular case, Moses is Moses Robicheau, CEO of Addo, a startup that helps organizations encourage physical activity and good health among their memberships. It is one of the newest ventures working out of the Halifax startup house, and it’s already creating an impressive list of corporate and not-for-profit clients.

Make no mistake: there are a lot of competitors out there, as there are several websites that help organizations improve the wellness of their employees. But it’s also true

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Armstrong: Growing Through Failure

Nathan Armstrong doesn’t mind using the F-word, and believes more Atlantic Canadians should discuss it openly.

The F-word, despite what you may have thought, is “failure”.

Armstrong is rightly proud that he and his brother Greg launched their cleantech startup Hyton Innovations, were shortlisted for an award and took the company through two accelerators. And he’s not ashamed to say that

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Ron Keefe’s 2 Waves of Investment

Ron Keefe is proud that the sale of BioVectra, the Charlottetown drug manufacturer he has led for 11 years, is generating two waves of investment into Atlantic Canada.

Tens of millions of dollars will be invested in capital improvements at BioVectra over the next few years. Plus, the company’s original owners are putting together a fund to invest in Atlantic Canadian businesses.

Keefe and

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Origin BioMed in Receivership

Origin BioMed has been placed in receivership.

The Chronicle-Herald reported Friday that the Halifax company was placed in receivership on March 16, with Grant Thornton Ltd. being appointed trustee.

Origin Biomed, which had received venture capital funding from Nova Scotia Business Inc., GrowthWorks Atlantic and Avrio Ventures of Calgary, manufactured and marketed Neuragen, a natural pain relief for diabetes sufferers.

At its height, the company sold the sold the product over-the-counter at more than 20,000 stores in the U.S. and Canada. However, in 2011 the company ran into problems

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No Distrapptions Wins CS Square

The CS Square pitch competition at the University of New Brunswick took place last week with first place going to No Distrapptions, an app that allows users to eliminate the distraction of message notifications.

By turning on the app, notifications from messages are blocked, and the user has the option to send an automatic response.

“If the user needs to notify someone of their arrival, they can use the app to send an automatic (one time or recurring) message to a specified contact at a specified destination,” Natalia Stakhanova, NB Innovation Research Chair in Cyber Security, said in a

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Vendeve Wins Funding Roadshow

Vendeve, the Halifax startup that helps women find a market for their skills, has won six months in Silicon Valley to help develop its business.

The company was the winner Wednesday in the Funding Roadshow pitching competition hosted by Fundica at the Innovacorp Enterprise Centre in Halifax. Eleven companies pitched at the event. The winner was Vendeve and its model for encouraging businesswomen to become early adopters for each other.

“The sharing economy is changing everything so the two-sided marketplace is exploding,” Vendeve Founder and CEO Katelyn Bourgoin told the gathered

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Forerunner Growing in Surge Accelerator

Having already secured funding from the world’s leading seed-stage venture fund for energy technology, Gordon McArthur is now focused on impressing more investors in energy-related tech next month.

McArthur is the CEO of Forerunner Research, a Dartmouth company whose technology detects and measures soil gases. In February, the company was one of eight companies accepted into the fourth cohort of the accelerator operated by Surge Ventures of Houston, a funding and mentoring organization specializing in energy technology.

At the end of the three-month cohort, Forerunner Research will make

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Focusing on Memogain, Neurodyn Raises $1M

Hoping its leading Alzheimer’s drug candidate will soon be fast-tracked in Europe, Charlottetown drug discovery company Neurodyn Life Sciences Inc. has completed a $1 million funding round.

The company said in a statement Tuesday it will use the funds to support development and commercial initiatives across its product line.

Neurodyn specializes in treating diseases of the brain and has been focusing recently on the commercialization of Memogain, a prescription drug candidate it bought from a German company in 2013. The drug has been shown to increase cognitive processes, both among the

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