After changing the direction of its business last year, Fredericton’s SimpTek Technologies is accelerating its growth, having booked almost $1 million in sales and on the cusp of raising $1.9 million in capital.

The company was founded in 2014 by a trio of University of New Brunswick students to help homeowners and utilities identify where households use the most electricity.

In the last two

PLATO Testing of Fredericton won the Joint Economic Development Initiative (JEDI) pitch competition last week at aerospace and defence company Lockheed Martin Canada’s IMPACT Centre. It was one of six Indigenous businesses from New Brunswick in the competition.

The Indigenous-staffed software testing firm affiliated with PQA Testing won a $5,000 cash prize for taking first place at the 2018

Three Memorial University of Newfoundland engineering students have won $10,000 each at the 2018 Mel Woodward Cup for their innovations in health care and energy efficiency.

The Memorial Centre for Entrepreneurship hosted the business idea competition last Wednesday, which awarded $40,000 in seed funding and other supports to student entrepreneurs.

“Through the Mel Woodward Cup, we’re

Having worked at a startup, a support organization and a student investment group in Atlantic Canada, Dana Parsons has joined Toronto-based Highline BETA, one of Canada’s most innovative companies in the venture capital sphere.

Parsons, formerly the CEO of St. John’s-based loyalty program startup Brownie Points, started at Highline BETA earlier this month as new venture director. In this new

After a few years of development, Neothermal Energy Storage of Halifax is beginning two demonstration projects for its electric thermal storage unit, or ETS, which helps homeowners manage their energy consumption.

Led by Co-Founders Louis Desgrosseilliers and Jill Johnson, Neothermal has developed an electrical unit about the size of a trunk that stores heat in homes that use electrical or oil

The Atlantic Venture Forum is looking for a dozen startups to present at its two-day conference in late June in Halifax.

The sixth annual AVF, which will take place June 28 and 29 at the Halifax Marriott Harbourfront Hotel, is a meeting place for Atlantic Canadian founders and investors from inside and outside the region. Each year there are presentations by both early- and growth-stage

MASITEK Instruments’ opening for a Production Electronics Technologist is the headline posting in our Job of the Week column today.

In seven years, Masitek has grown from a small outfit that prevented damage in potatoes during the harvesting process into a predominantly industrial concern. Its main product now is a pressure-sensitive decoy that goes through a production line with regular

New entrepreneurs are advised to find a problem, or pain, to solve, and consult with prospective clients before proceeding. Chrissy Rossiter did so and is now helping companies that care for seniors in their own homes streamline and improve care.

Rossiter, the CEO of software company Peachy, and her co-founder Diego Zuluaga, initially founded their venture to help seniors with health-related

A team of four students from the University of New Brunswick has made it to the top 20 of the CanInfra Challenge, a nationwide contest that crowdsources pitches to solve Canada’s infrastructure problems.

The team, called Smart Roads, is pitching a concept for an intelligent highway system with an open databank that feeds vital road, traffic and weather data to drivers.

“We’re possibly the only

SimplyCast announces it’s in accord with new General Data Protection Regulation

Dartmouth-based communication automation company SimplyCast has announced its compliance with the European Union’s new General Data Protection Regulation.

The regulation, to be implemented May 25, requires stricter handling and processing of personal data belonging to E.U. citizens.

After completing an audit of its