Invest Atlantic to Focus on Angels

The fifth annual Invest Atlantic conference will shine a spotlight on a problem that hounds every startup community — how to encourage more wealthy individuals to invest in local young companies?

Since it began in 2010, Invest Atlantic has chosen a theme each year, such as partnering with corporations or global investing, and in 2014 is focusing on angel investment. That’s investment in startups by individuals, either on their own or through organized networks.

The growth of angel investment makes sense because there are individuals in the region who have money to invest, and angel

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Assessing the Lean Canvas

When Claire Ciel Zimmerman entered the Summ’er Up entrepreneurship program at Dalhousie University this summer, she hadn’t even heard of a lean canvas.

The co-founder of the magazine publishing startup Bootstrap had to learn how to use the nine panels of the canvas to test theories on developing a business.

“As my colleagues and I moved through the program we began to see the value of the lean canvas as a set of guiding principles, which became very useful in considering how to establish a viable business with a sustainable revenue model,” said Zimmerman.

She has now joined the

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Press Release: BioNova Semi-Finalists

BioNova, the life sciences association in Nova Scotia, has issued the following press release:  

BioInnovation Challenge Semi-Finalists Announced

Halifax, NS -- September 9, 2014 -- The semi-finalists have been chosen for the 2014 edition of The BioInnovation Challenge (BIC).

Scott Moffitt, Managing Director of BioNova, the host of BIC, announced today that a selection committee has chosen the semi-finalists who will take part in the program. The semi-finalists will receive professional pitch training between now and the semi-final run off, which will be held in Halifax on October 20.

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HWKI’s Wearable Hockey Camera

When Shea Kewin and Tim Priamo were playing hockey together as children in Guelph, Ont., they couldn’t have known they’d one day form a company to help players improve their game.

The two former teammates are the co-founders of HWKI, which has developed a camera that fits on a hockey helmet. The device lets players record what they see as they play a game or practise, and then review it later on a mobile or computer device, and share it with coaches or other players.

 “We’re producing a wearable video camera for hockey players,” said Kewin in a phone interview last week. “It lets them

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Press Release: CelluFuel Funding

Cellufuel, a Halifax renewable energy company, and PwC Corporate Finance have released the following statement:

CelluFuel raises $5 million in capital, launches demonstration scale project

PwC Corporate Finance Inc. acted as lead advisor on the transaction and secured private equity investors

HALIFAX, Sept. 3, 2014  - Today, Halifax, NS-based CelluFuel Inc. announced that it has completed a $5 million capital raise to begin construction of its demonstration scale plant for the production of synthetic, renewable diesel fuel from woody biomass. CelluFuel will construct its demonstration

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Education Institution Report is Here

We’re pleased today to release our third Entrevestor Intelligence report of 2014, which focuses on the contribution of educational institutions to the startup community.

Titled “Our Back-to-School Issue”, the report highlights several programs and facets involving universities and colleges that are helping to generate growth in the startup segment. A PDF version of the report is available

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Profile: ‘Notably Candid’ Nagtegaal

Toon Nagtegaal is ready to take TheNextPhase to the next phase.

The notably candid Dutchman behind the three-day workshop that makes entrepreneurs sweat, and occasionally cry, is developing a new program that would engage startups over a longer period. The idea is to help them transition off the starting blocks and into growth.

In the four years since TheNextPhase started, Nagtegaal and his

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Press Release: Modest3D Launch

Modest Tree, a Halifax startup whose SaaS product reduces the cost and time involved in making three-dimensional training programs by as much as 85 percent

Simplifying the Creation of 3D Interactive training: Modest Tree unveils Modest3D™

Halifax, Nova Scotia (September 4, 2014) - Modest Tree, a Halifax-based 3D interactive software and training solutions company, announced today the launch of its 3D authoring software, Modest3D at the DEFSEC tradeshow in Halifax.  Modest3D enables the rapid creation of 3D interactive scenarios without requiring animation or programming expertise.

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What To Do About Startups Leaving

It’s beginning to appear that Atlantic Canadians are going down the road for more than just jobs in Fort McMurray. The region’s startups are also feeling the lure of larger markets.

More frequently, when I contact an Atlantic Canadian startup I learn that the founders — the key decision-makers — have moved to Waterloo, Toronto or other larger centres. I don’t have data on the numbers, though it’s something I hope to produce. But the anecdotal evidence suggests it’s becoming something that’s noticeable when you scan the landscape.

When asked why they have moved to Ontario or another

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Press Release: Venture for Canada

Venture for Canada, which helps grads find work in Canadian startups, has issued the following press release:

Venture for Canada Launches its Graduate Placement Product

TORONTO, Aug. 25, 2014 -- Venture for Canada has launched its search for the next generation of top Canadian business leaders.  Recent grads and soon to be grads have until September 30th, 2014 to apply for the first application round of Venture for Canada’s Fellowship program.

Venture for Canada connects top recent graduates of Canadian post-secondary institutions to work at top Canadian startups and growth companies

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