Heimdall Networks of Sydney on Wednesday captured $225,000 in prizes by winning the I-3 Technology Start-up Competition, Innovacorp’s event that aims to find the best new startups in Nova Scotia.

Founded by Jim DeLeskie, Heimdall Networks is developing software that protects corporations and governments against distributed denial-of-service attacks. The company won a $100,000 seed investment as the overall winner, on top of the $100,000 in cash and services it won for placing first in the Cape Breton region. It also won $25,000 in cash as the contest’s top information technology company.

Applications are now open for Canada's Business Model Competition, the Halifax event that will allow a team of university students the right to attend the International Business Model Competition at Brigham Young University.

Teams interested in competing in the competition must submit their video application by Monday, Feb. 17. The competition will be held at Dalhousie University March 14-15.

Dalhousie University professors Ed Leach and Mary Kilfoil initiated the program last year, creating a Canadian base for the competition that had already been going in the U.S. for a couple of

No one could accuse Simon Gauvin, the founder of Agora Mobile, of lacking ambition.

With the help of 200 early adopters, the Moncton startup is conducting closed beta tests of its own social network, which serves as a platform on which users can develop their own smartphone web apps. Gauvin hopes that one day the product, named Vizwik, will be used by millions of people, improve the functionality of cellphones and play a role in educating children and teens.

Gauvin is looking for more people for an open beta test in the autumn, and Agora has a sign up page. He believes the full launch

Ara Labs Security Solutions, whose cloud-based software detects and battles malware in real time, has raised $500,000 in seed financing, part of which will  pay for a full-time CEO.

New Brunswick Innovation Foundation and Moncton-based Technology Venture Corp have each invested $250,000 in the Fredericton startup, which is the result of four years of research at the Computer Science faculty at the University of New Brunswick.

The company is now headed by Ali Ghorbani, the Dean of Computer Science at the Fredericton institution. But he intends to continue to focus on his academic

The Community Demo Day in Fredericton on Saturday night highlighted how startups can help even the world’s poorest people.

Eight of the 10 companies that pitched at the event were typical startups that aimed to launch a business based on proprietary technology. But two of them – The Agrarian Revolution of Fredericton and Uganda Venture of Halifax – have set out to use entrepreneurial principals to reduce poverty in the developing world.

They have developed manageable, practical enterprises that can help people in other countries increase their income. Both are working with the

As executive director of Fredericton-based Planet Hatch/Accelr8, Sally Ng’s focus is on growing startups into successful companies. But Ng is a globe-trotting dynamo who isn’t always at her desk. As a volunteer facilitator for Startup Weekend, Ng may be found gleaning tips for entrepreneurs at an event in Shanghai or clearing her mind by soaring in her glider over New Brunswick’s wide rivers.

When 10 startups present their businesses on Saturday evening in Fredericton, it will be the first true opportunity for social entrepreneurs in the region to explain publicly how they blend a business case with the social mission.

The Community Demo Day will take place at the Planet Hatch incubator on Saturday and will showcase entrepreneurs from two Fredericton-based programs. Four will be social ventures drawn from the program run by the Pond-Deshpande Centre at the University of New Brunswick. The other six are the graduates of Planet Hatch’s Accelr8 program.

One of the

Marketing for startup technology companies can be a tricky thing.

Startups are usually launched by people with a technology background and, not surprisingly, the dominant focus is on building the product and finding funding. Marketing is generally an afterthought in these early days. That creates a branding gap that can have serious consequences for East Coast startups.

We’re not alone in this.

Recently a smart post from Israeli Venture Capitalist Michael Eisenberg made the rounds. In the post, Eisenberg notes that Israel produces many strong technology companies but they often don’t

We sent out the Entrevestor survey this morning and are delighted to see responses rolling in from around the region. If you’ve received the survey, please take the time to fill it in in the next day or two.

If you’re a founder of a startup – locally owned with scalable, proprietary technology – and haven’t received the survey, please let us know and we’ll get you one.

This survey will assemble a body of information that will tell us how the startup community is growing and impacting the economy. It will also provide a baseline for future surveys so we can chart its growth over the

The marriage of cymbal manufacturer Sabian Inc. and drum equipment maker Billdidit Inc. will do more than increase the Cape Breton-based target’s distribution and customer acceptance. It will also help to develop a niche manufacturer in the Sydney area.

Sabian, based in Meductic, N.B., near Fredericton, said Monday it has paid an undisclosed amount for a majority stake in Billdidit, bringing the Sydney company’s unique range of drum gear into the Sabian catalogue.

While Sabian has operated for 30 years and has customers around the world, Billdidit started about five years ago to