PDC Launches Failure Fund

In an effort to reduce the stigma attached to failure, the Pond-Deshpande Centre at the University of New Brunswick has launched the region’s first Failure Fund.

The idea is that entrepreneurs who give an idea their best shot and come up short (read: most entrepreneurs) should be encouraged to give it another try. In fact, the thinking is that entrepreneurs gain so much valuable experience in managing an unsuccessful business that the region gains by having these people running businesses again.

So the Pond-Deshpande Centre, which encourages social entrepreneurship as well as

Continue Reading

Notes from MentorCamp 2013

My favourite sports writer, Don Banks of Sports Illustrated, likes to open his columns with the words: “Musings, observations and the occasional insight from” such and such. Well, here are my musings, observations and occasional insights from the third annual MentorCamp yesterday in Halifax.

  1. The quality of the teams was exceptional, showing the depth of great startups in the region. Founder and CEO Permjot Valia had a great lineup of companies at MentorCamp 2012. He had been worried about whether the pool of tech companies in Atlantic Canada was deep enough to bring in six to eight
Continue Reading

Murphy Re-emerges with Atlantic Motor

Having previously proposed developing pneumatic motors for lawn mowers, Braden Murphy is applying this technology to a range of products for the oil and gas industry.

Last year, Murphy was taking his Masters in Engineering at Dalhousie University when he was working on a company tentatively called Scotia Motors, which aimed to commercialize technology he had developed at the university. The plan was to use pneumatic motors in lawnmowers to reduce noise pollution, but Murphy and his supervisor, Assistant Professor Darrel Doman, found that the costs of attacking consumer markets were

Continue Reading

NS Game Developers’ Body Formed

A new association has formed in Nova Scotia to advance the interests of the burgeoning video game industry.

The Nova Scotia Game Developers Association formally announced its launch earlier this month, promising to promote and advance the growing industry within the province.

“We were all working on various initiatives and coming together makes us stronger players within the industry,” said President Kirsten Tomilson in an interview last week. “Our aim is to promote and advocate digital game developers, and I think it’s important that we value inclusion.”

According to the

Continue Reading

Tapping the Massive Chinese Market

When Greg Phipps, an investment manager with Innovacorp, walked into the offices of the Beijing Development Authority last month, he was struck by the scale model of the Chinese Capital’s industrial park for tech companies, E-town.

The park is bigger than Halifax. The model itself was 30 feet by 15 feet. Phipps took a picture of it with his phone, but it was too large to capture the whole

Continue Reading

MentorCamp to be Held Monday

The third annual MentorCamp Atlantic will take place at the Delta Halifax next week, linking up eight leading startups with a host of mentors from Atlantic Canada and around the world.

The event is the brainchild of British investor Permjot Valia, who has backed several Atlantic Canadian companies. In 2011, he conceived of a program that would gather eight to 10 startups together with about 30 mentors so the companies’ founders would receive sound advice in a closed setting from a range of experts.

Since the first event in September 2011, MentorCamp has incorporated in Nova Scotia and

Continue Reading

Outlook for Angel Investing in Region

When the Atlantic Angels hold their first meeting on Oct. 22, it will represent a huge opportunity to usher new blood into the investment community.

That much we know.

But as I spoke to a few entrepreneurs last week, it became apparent that there are still lots of questions about what the creation of a new investment body will mean for Atlantic Canada’s burgeoning start-up community.

A group comprising investors such as Permjot Valia and Milan Vrekic, the executive director of the Volta start-up house in Halifax, said last week they are setting up the Atlantic Angels, which would herd

Continue Reading

Amarok Sees 1st Bike in 18 Months

Within 18 months, Michael Uhlarik believes the upmarket electric motorcycles he’s designed will be ripping around some of the major bike tracks in the U.S.

If he ever doubted this vision, the CEO Amarok Electric Motorcycles of found validation in June when the Amarok P1A bike, driven by  Canadian superbike pro racer Michael Leon, reached speeds of 100 miles per hour going up a gradient of 17 degrees at the 91st Pikes Peak International Hill Climb in Colorado.  It was faster than competing bikes from larger companies that had cost $30 million to develop.

In the wake of the success at

Continue Reading

Pond-Deshpande Centre’s 1st Cohort

The Pond-Deshpande Centre at the University of New Brunswick late last week announced the first cohort of entrepreneurs it is supporting with mentorship, funding and other services.  

The Pond-Deshpande Centre’s mission is to accelerate the creation of sustainable, scalable businesses in New Brunswick that have significant social and economic impact. It places greater emphasis on social entrepreneurship than most support groups, which is reflected in the choice of companies.

“We’ve seen a tremendous burst of entrepreneurial activity since we launched the Centre one year ago,” said

Continue Reading

Thankful for My Book Contract

I want to celebrate Thanksgiving by letting everyone know that I've concluded a contract to publish The Jew Who Defeated Hitler with Prometheus Books of Albany, N.Y.

I’m thrilled to be working with Steve Mitchell and his team at Prometheus. They have a tremendous catalogue and I’m honored to think my book will be added to it in a year.

The book is virtually finished and I hope to have it to

Continue Reading