DemoCamp Seeking IT Startups

Milan Vrekic, the CEO of TitanFile, is looking for IT startups to present their technology at the second annual DemoCamp Halifax at Dalhousie University on the evening of Sunday, September 23.

DemoCamp is an opportunity for the tech community to witness what’s being developed by entrepreneurs in Nova Scotia, and other parts of Atlantic Canada. It is not a pitching event. It is not a contest. It is a chance for the tech community – including investors – to get together and learn what the best technological minds in the region are creating, and listen to the wisdom of a few seasoned

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Media Badger Nears $2M Raise

In honour of the Queen’s Diamond Jubilee, the team at Media Badger took a break from its $2 million fundraising effort to analyze Canadians’ sentiment toward the leading Royals, as revealed by online comments in Canada.

Her Majesty will no doubt be tickled pink to know her positive sentiment reading has more than doubled in the last four years. Prince Charles has a lower profile, but his positive sentiment performance doubled in just two years, whereas his handsome eldest son draws the most commentary, almost all of it steadily favourable.

This survey reveals the type of creativity that

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The Digital Debutantes of Launch36

In the immortal words of the Bugs Bunny theme song, June 26 at the Dieppe Arts & Cultural Centre will be the “night of nights.”

Beginning at 5 p.m. at the suburban Moncton theatre, Propel ICT will raise the curtain on the 11 start-ups that have been toiling in the Launch36 accelerator since January, knocking their businesses into shape, taking on clients, and planning to raise capital.

Having spoken with few of them, I know that they’re looking at June 26 as the deadline to have everything in order to present to the rarefied crowd. No more rehearsing or nursing the part, you might say.

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17 Named to WMI Leaders Program

The Wallace McCain Institute for Business Leadership at the University of New Brunswick on Friday announced the 17 participants in its fifth annual Entrepreneurial Leaders Program, including three from outside the province.

The program helps growing businesses, typically five to eight years old, to advance successfully beyond the high-growth stage, so their earnings are sustainable, income streams are defined and their founders blossom into business leaders.

“After three years as a judge, it thrills me to see the quality and quantity of the high growth potential entrepreneurs we have in

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Soricimed Phase 1 Trials to Proceed

Sackville, N.B.-based biotech Soricimed Biopharma Inc. said this week that the Food and Drug Administration in the U.S. and Health Canada have given it the green light to proceed with Phase 1 trials for its main drug candidate, an anti-cancer agent called SOR-C13.

“Acceptance by the FDA and Health Canada of this application, along with the advancement of SOR-C13 to clinical testing, are two major milestones for Soricimed and key steps along the path to the drug's development and commercialization,” Jack Stewart, Chairman and Chief Scientific Officer of the company, said in a press

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Forcier Joins Espresso Capital

In a further sign that the ecosystem for startups in the region is continuing to evolve, Espresso Capital of Vancouver has hired Ben Forcier, Innovacorp’s former Vice-President of Investments, with primary responsibility for Atlantic Canada.

Differing from standard VC funds, Espresso issues short-term loans to tech and cleantech startups, especially those receiving support from the federal government’s Scientific Research and Experimental Development Program, commonly known as SR&ED. Espresso takes no equity and the loans of $100,000 to $1.5 million are customarily repaid in less than two

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Afinin Labs to Begin Zenquant Tests

Afinin Labs Inc. of St. John’s is quickly becoming one of the stars of the tech community in Newfoundland and Labrador, largely because of the commercial potential of its stock-price prediction software, Zenquant. Recently, the company announced that it’s in the final stages of negotiations with a large financial institution to test Zenquant in a six-month trial.

The company was founded in 2009 by Memorial University researchers Garnett Wilson and Wolfgang Banzhaf. Zenquent applies algorithms based on minute-by-minute stock feed from the Nasdaq and the New York Stock Exchange; then alerts

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Call for Regional Equity Tax Credits

The quarterly Herald Magazine came out yesterday, and its theme is a favourite of mine -- innovation. My column in the publication calls for a regional equity tax credit. I argue that ETCs are a proven means of channeling capital into innovative companies. However, the overall pool of capital in the region is too small if investors only qualify for ETCs by investing in companies in their home province. Check out my old friend John DeMont's interview with Gerry Pond, Erica Fraser and Ray Ivany.

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FAN Readies for NACO Summit

The recent news has not all been good for the First Angel Network, but Director and Co-Founder Ross Finlay is focusing on the positive, especially his chance to once again host the National Angel Capital Organization, or NACO, Summit in October.

``It will be fabulous,’’ Finlay said in an interview Friday. ``It’s going to be even better than the last one.’’

Anyone who’s spent time with Finlay might find it difficult to believe anything could be better than the last Naco Summit in Halifax in 2008. He’s never been shy about describing its wonders (and, incidentally, others agree with him)

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Smart Skin Closes Funding Round

Smart Skin Technologies, the Fredericton company commercializing a thin material that relays information to a computer when it senses pressure, has closed a round of funding from a group of blue-chip New Brunswick investors.

Though he declined to name his new backers or say how much they invested, CEO Kumaran Thillainadarajah said they were early-stage investors in Radian6, the social media analysis company that sold out for $370 million to last year.

“We actually raised 33 percent more than our target,” said Thillainadarajah. “We literally couldn’t say no to these

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