JEDI Alters Mandate, Mulls Angels

As it continues to nurture early-stage companies in its incubator, the Joint Economic Development Initiative is working on new and enhanced programs to support First Nations entrepreneurs, even pondering a native-focused angel network.

Based in North Fredericton, the Joint Economic Development Initiative, or JEDI, fosters economic growth for First Nations communities. It offers a range of

Continue Reading

Routinify Launches in NB

Routinify, a software company that uses data to help with the care of seniors, has launched its product in New Brunswick.

Founded by serial entrepreneur Pat Kelly, the company has dual headquarters in Fredericton and Kelly’s home of Denver, and it is beginning to market its WellAssist product in New Brunswick and Colorado. Routinify plans to expand into other jurisdictions in the coming months.

Continue Reading

Eigen Eyes Growth in Auto Sector

When Scott Everett started pitching his company, Eigen Innovations, more than five years ago, he was trying to explain to rooms of manufacturing executives and potential investors about the power of Artificial Intelligence (AI) and the Internet of Things (IoT).

It was an industry that was going to be worth huge amounts of money, and he knew it.

“I remember some of the first pitches that I

Continue Reading

Kognitiv Spark Inks Navy Deal

A New Brunswick tech startup will be providing its new system to the Royal Canadian Navy.

Fredericton-based Kognitiv Spark announced Tuesday that the Royal Canadian Navy its new Mixed Reality Remote Assistant Support (MIRRAS) system, as part of a project that aims to improve maintenance and repairs aboard active naval vessels.

The project aims to validate technology adopted from Kognitiv

Continue Reading

GSTS Closes $2M Seed Round

Dartmouth-based ocean technology company Global Spatial Technology Solutions has closed a $2 million funding round to further develop its platform, which helps marine operators improve safety, security and their environmental footprint.

GSTS has developed a platform called OCIANA, which collects data from satellites and terrestrial sources then uses artificial intelligence to help crews plot the

Continue Reading

Four NS Winners in Pitch@Palace

Four Nova Scotian startups – Clockk, eOceans Motryx, and Securicy – have won the Atlantic regional Pitch@Palace competition and will proceed to the national finals in Toronto.

The four companies were selected at a pitching competition at Volta on Tuesday, hosted by the Rideau Hall Foundation, which aims to develop a more entrepreneurial culture in Canada. Winners will move on to the Pitch@Palace

Continue Reading

Meeting on Women’s Angel Fund

There’s a movement afoot to establish a women’s angel network in Atlantic Canada, and proponents are inviting anyone who’s interested to an information and planning workshop on April 12.

Tentatively called the Atlantic Women’s Angel Investment Fund, the fund is being proposed by a group of professional women who are in the region or have close ties to Atlantic Canada. The goal is to find a group

Continue Reading