Lux Wind Approved for Cedif

Lux Wind Turbines, the developer of a vertical wind turbine that won a NASA design award in 2013, has won approval to raise equity through Nova Scotia’s Community Economic Development Investment Fund, or Cedif, program.

Lux Wind CEDC wants to raise between $500,000 and $800,000 to help bring its vertical wind turbine to market.

The Lux Wind Turbine has the potential

The New Brunswick Innovation Foundation is changing its investment philosophy to place a greater emphasis on growth-stage companies.

The province’s innovation agency hosted a seminar at the Venn Centre in Moncton on Tuesday at which it unveiled the new thinking on funding. The foundation’s mandate for making venture capital investments is largely staying the same – it will continue to make about

The Atlantic Venture Forum has unveiled the 15 companies that will present at the 2016 edition of the conference, which will be held in Halifax June 22 and 23.

The list features eight early-stage and seven growth-stage companies, including representatives from all four Atlantic Provinces, and each of the major sectors, IT, biotech and cleantech.

As a member of the selection committee, I can say

Half a decade after first conceiving of an online wardrobe management tool, Debbie Fraser and John Leahy are preparing to beta-test their mobile app that helps people choose clothes.

Leahy owns Bedford-based web development company ImmediaC and has been working with Fraser for the past five years. Together, they came up with the idea as an enterprise-based application for clothing retailers.

The New Brunswick Innovation Foundation said Monday it provided $1.3 million in funding for small and medium-sized enterprises, or SMEs, through its Innovation Voucher Fund in 2015-16.

Through the fund, NBIF provides as much as $80,000 to SMEs to help them work with universities, colleges or research institutes in conducting applied research.

“In today’s economy, finding new and better ways to

This week we are featuring three new postings on the Entrevestor Job Board – one each from Dash Hudson of Halifax, Remsoft Inc. of Fredericton and Clockwork Fox Studios of St. John’s.

Dash Hudson, a developer of Instagram retail solutions, is accepting applications for a junior brand strategist at its Halifax offices. The company provides data analytics on Instragram posts for major brands.

Aspiring entrepreneurs often go to great lengths to boost their creativity and connections. Now, a trio of students hope to raise enough money to become the first Atlantic Canadians to travel on a Startup Bus.

Similar in concept to the Startup Weekend, the Startup Bus hosts entrepreneurs for 72 hours, with the aim of allowing new networks and ideas to flourish. The difference, in this case, is

Propel Demo Day Set for June 21

Atlantic Canadian accelerator Propel ICT has announced that its next Demo Day will be held June 21 at Neptune Theatre in Halifax.

The event featuring company presentations will begin at 5:30 pm, and is being held on the eve of the Atlantic Venture Forum, which will take place at the Nova Scotian Westin on June 22 and 23.

Demo Day will include pitches from the

Executive search firm Venor has bought the assets of Equals6, a career-focused social network for students, for an undisclosed price.

Halifax-based Equals6 was designed to be a place where students could discuss career prospects, as opposed to other social media sites, which tend to be more about lifestyles. Students can communicate with one-another, or with companies that pay to join the site.

Innovation Week is taking place in New Brunswick over the next week with a range of events across the province.

The annual celebration began last night with the Open Data Awards in Saint John, which leads into the Canadian Open Data Summit in the port city today.  

This weekend, there will be a Startup Weekend New Brunswick at the Venn Centre in Moncton. Over 54 hours, teams will come together,