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recent news

PEI Hosts First Propel Demo Day

  • Jun 01, 2016
  • Peter Moreira

Propel ICT held its first local demo day in Charlottetown on Tuesday, an event significant because it symbolized the growth in IT in a market traditionally known for life sciences.

The regional tech accelerator is now wrapping up its first cohort

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Lucey Warns of Pitfalls of Taking VC

  • Jun 01, 2016
  • Sabina Wex

Ian Lucey’s favourite company is Drummohr Software, which makes tax software for the British tax system. The company, founded in 1996, made $2 million per year, and eventually sold out for $20 million.

Not bad for a company run by two guys, and

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GLI Buys Bulletproof of Fredericton

  • Jun 01, 2016
  • Peter Moreira

The GLI Group, a U.S. technology company specializing in compliance and validation in the gaming and lottery industries, has bought Bulletproof Solutions Inc. of Fredericton for an undisclosed sum.

GLI, officially called Gaming Laboratories

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AioTV Moves Ahead After Pivot

  • May 31, 2016
  • Peter Moreira

AioTV has pivoted—and the new business model is so successful that it’s received offers for a takeover.

Based in Halifax and Denver, aioTV set out six years ago to offer a single platform that would provide a range of TV products, from free

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WMI Names 16 to Leadership Program

  • May 31, 2016
  • Peter Moreira

The Wallace McCain Institute at the University of New Brunswick has named 16 Atlantic Canadian entrepreneurs to the ninth cohort of its Entrepreneurial Leaders Program

The institute selected the cohort from among 352 nominations during an intense

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Jobs of the Week: Remsoft, Smartpods

  • May 30, 2016
  • Scott Moreira

This week in Jobs of the Week we are featuring three positions in software development from Remsoft Inc. of Fredericton and Smartpods Technologies and Dovico, both of Moncton.

Remsoft specializes in providing businesses insight into how to best use

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MTI Buys Rolith’s Business, Assets

  • May 27, 2016
  • Peter Moreira

Metamaterial Technologies Inc., the Halifax developer of special materials that alter light, has bought the business of Silicon Valley peer Rolith to accelerate the development of its manufacturing facility.

The purchase, the terms of which were

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IDEA Program Focuses on Healthcare

  • May 27, 2016
  • Carol Moreira

Healthcare and medical devices are the focus of this year’s IDEA Product Development Bootcamp. The themed approach is in contrast to last year’s bootcamp where participants worked on ideas in any field.

The Halifax-based project asks participants,

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Biorefinery Conference Starts Monday

  • May 27, 2016
  • Carol Moreira

The Atlantic Biorefinery Conference will take place Monday to Wednesday in Halifax. Now in its fifth year, the three-day event aims to spark new projects that will turn natural resources into value-added products and business opportunities.

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Curbza Sets Out to Aid Fort McMurray

  • May 26, 2016
  • Peter Moreira

A Dartmouth startup has accelerated the launch of its mobile app because its founders believe the product could help distressed families rebuild their lives in fire-ravaged Fort McMurray.

Curbza has developed an app for Apple and Android devices

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Appili Lands $3.3M, Starts Next Round

  • May 26, 2016
  • Peter Moreira

Halifax-based drug discovery company Appili Therapeutics Inc. has announced $3.3 million in funding and outlined a strategy based on “hitting singles and home runs”.

Standing in his recently opened lab, Founder and CEO Kevin Sullivan said the

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Dozr Wins $100K at Rev Demo Day

  • May 25, 2016
  • Peter Moreira

Dozr, which has developed an online marketplace for construction equipment rentals, won all of the $100,000 prize money at Demo Day for Communitech’s Rev accelerator on Tuesday.

The Demo Day featured companies from the second and third cohorts of

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