Project Nujio’qonik to Test Precious Metals Alternatives

John Risley’s World Energy GH2 plans to work with Dalhousie University to test a roster of potential replacements for the costly precious metals used in green hydrogen production — with the help of AI.

World Energy earlier this summer received environmental approval to build a four-gigawatt wind farm and 1,200-megawatt hydrogen plant near Stephenville, Newfoundland and Labrador. Project

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Axis Sales Accelerator Seeks Applicants

The University of New Brunswick is looking for applicants to its Saint John-based Axis Sales Accelerator, a 10-week program for business-to-business startups looking to grow their revenues and prepare to raise capital.

The program, which will begin in September and require three to five hours per week from participants, is aimed at positioning the founder of a company as its lead salesperson, as

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FURWARD Wins at MTME: NEXT

Six student teams from the University of New Brunswick’s Master of Technology Management and Entrepreneurship program pitched their startup ideas Thursday, with pet-sitting marketplace FURWARD taking home the $1,500 top prize.

The MTME program, managed under the umbrella of UNBs J. Herbert Smith Centre, offers students specialized training in how to commercialize technological innovation. The

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Ocean Startup Project Names 25 Idea Challenge Companies

The Ocean Startup Project, a national industry group, has announced the 25 very early-stage companies chosen to participate in its Ocean Idea Challenge, which offers up to $7,000 of funding, as well as training and support services.

The Idea Challenge is a milestone-based accelerator program for entrepreneurs working on customer discovery and product-market fit, and for top-performing companies.

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PayTic Wins European Fintech Award

Two years after it raised $2.95 million to scale its software for speeding up back office operations at banks, credit unions and fintechs, Charlottetown’s PayTic has won the Accounting Tech of the Year award at the European Fintech Awards, a competition organized by trade publication FinTech Intel.

Held in London this year, the awards have at various times in their history been affiliated with

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Phillip Yoon to Lead Tribe Ventures

Tribe Network has hired Phillip Yoon, a finance veteran with experience on both sides of the fundraising table, as its new investment principal.

Yoon, originally from Singapore, holds a Master of Technology Entrepreneurship and Innovation degree from Saint Mary’s University and has worked for alternative asset managers and computational finance companies in Switzerland and Hong Kong, as well as

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Invest NS Seeks Export Companies

Economic development agency Invest Nova Scotia is looking for applicants to this year's edition of its Export Development Program for young companies looking to develop sales outside of Nova Scotia or Canada.

Successful applicants will receive $15,000 of funding to spend on either hiring a consultant to help develop their export strategy, or else attending an international trade show.

"The

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MedReddie Raises $782K

In the wake of being accepted into Google’s startup accelerator for female founders, Saint John-based MedReddie has raised a $782,000 pre-seed round as it looks to scale its AI system that streamlines the procurement process for healthcare providers.

In a statement, the company described the round as oversubscribed and said it included BDC’s Thrive Lab, the Firehood industry group and angel

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