Paulin-Daigle Named a Future Dragon

Teenage entrepreneur Raphael Paulin-Daigle is feeling validated after being named one of 10 Future Dragons by CBC’s Future Dragon Fund Contest.

The Grade 12 Moncton student was thrilled to win $5,000 in the contest. The youngster has already proven his entrepreneurial smarts after starting his first business, an online magic store, at the age of 11. He recently had to close another venture, Shopulse, when he realized he could not grow the business, but he chalked that up to experience.

“Winning this contest for me is sort of like a confirmation that people see that I've been working

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BDC Funds Eigen, FoodTender, TopLog

BDC Venture Capital has invested $150,000 each into Eigen Innovations, FoodTender Solutions and TopLog, aiding the funding process of three recent graduates from Moncton-based technology accelerator Launch36.

Halifax-based TopLog has also received a $250,000 equity investment from Innovacorp, meaning it now has landed about 80 per cent of its seed-round target of $500,000.

The venture capital arm of the Business Development Bank of Canada said last summer it would extend convertible notes of $150,000 each to recent graduates of Canadian accelerators that it deems to be investment ready.

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Spring Loaded Draws $250K from FAN

Spring Loaded Technology of Halifax has received almost $250,000 of funding from members of the First Angel Network, and is continuing to raise money on its seed round of funding.

CEO Chris Cowper-Smith confirmed this morning that the company has raised just under $250,000 at the Halifax-based network’s autumn meetings. In October, the company won the $35,000 BioInnovation Challenge, the pitching competition at BioPort Atlantic. These and other fundings are contributing to a round that the company hopes will raise a total of $1.3 million.

Having started at Dalhousie University’s

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Press Release: LeadSift’s Platform

LeadSift, the Halifax company that mines social media for business leads, has announced the launch of its platform to allow small and medium-sized businesses to use its product. The following is the press release the company issued this week:

LeadSift Announces its Self Serve Platform to Provide Quality Social Media Leads for Small and Medium Sized Businesses

Platform Analyzes Millions of Twitter Conversations in Real-Time to Provide Only the Best Most Relevant Opportunities to Grow Businesses

HALIFAX, NOVA SCOTIA, CANADA – LeadSift <http://leadsift.com>, known for its ability to sift

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BDC Leads CarbonCure’s $3.5M Round

CarbonCure Technologies, the Halifax cleantech company dedicated to low-carbon concrete products, has closed a $3.5 million Series B financing led by BDC Venture Capital.

The company has been accelerating the sales of its eco-friendly concrete solution in the past year, and Founder and CEO Robert Niven now wants to use the additional funds for the research and development of precast and ready mix products.

Concrete, the world’s most common construction material, is responsible for 5 percent of total greenhouse gas emissions because traditional processes cure concrete blocks by heating

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GrowthWorks in 7 Follow-on Rounds

GrowthWorks Atlantic, the labour-sponsored fund based in Halifax, has made follow-on investments in several of its portfolio companies amounting to more than $2.5 million in recent months.

The fund has benefited from exiting two successful investments in the past year: its sale of stock in publicly traded film company DHX Media, and the sale of its holdings in Halifax pharmaceutical services company STI Technologies Ltd. to Toronto-based private equity firm Imperial Capital.

CEO Tom Hayes said in an interview Monday that GrowthWorks has rechanneled some of the proceeds from these exits

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Whitecap, Sentinal Win in St. John’s

Sam Bromley of Whitecap Scientific Corp. and Sarah Murphy of Sentinal Alert captured first place at the Pitch101 St. John’s event at Memorial University on Friday, capping off two weeks of events for and by entrepreneurial students in the region.

I previously reported on the Pitch101 event at Acadia University last month, but have overlooked a few other happenings at universities, such as the presentations by Dalhousie University’s Starting Lean  course two weeks ago and by St. Mary’s University MBA students last week.

Bromley and Murphy are both experienced members of the startup

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GetGifted Launches in Halifax Tuesday

GetGifted, the Charlottetown-based social media phenomenon, will launch tomorrow in Halifax, the largest city the young company has entered.

Founder and CEO Gillian McCrae said late last week the company has signed up about 40 merchants for the Halifax launch. Anyone in the Halifax area who wants a chance to land free merchandise can sign up on the GetGifted website.

Here’s how it works:  GetGifted asks local retailers to volunteer a selection of their wares as gifts for customers. So a restaurant might offer 30 deserts worth $10 each. Or a clothing store might put forward 50 pairs of

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Profile: MacLeod at Startup Club Med

Boston is known as a city that nurtures innovation. Think MIT and Babson College, or Harvard, where Facebook was born, or companies like Genzyme and Boston Scientific. And in this startup mecca, Jordan MacLeod is developing his compan Strue, thanks to the new Canadian Technology Accelerator in Boston.

Charlottetown-based Strue is one of five Canadian companies enrolled at the Canadian

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Atlantic Canada: Four News Silos

As the startup community strives to become a truly regional presence, one thing becomes increasingly clear and problematic: it’s difficult to follow what’s going on in provinces other than your own.

This is a problem for two reasons. First, startups in the region need to get their message out to international markets, and the factors preventing news from travelling between provinces also prevent it from travelling around the world. And second, there are provincial policy decisions that affect startups around the region, and it’s often difficult to follow the debate on these policies in

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