Want to Play Against the Pros? Foursum Golf Introduces In-App Profiles for the PGA’s Top Players

All-in-one mobile golf app will now let you compare your stats to the pros, including Tiger Woods, Phil Mickelson and more.

Thursday, June 12th, 2014 9:00am EST

New Brunswick, Canada: Foursum, the all-in-one mobile app for golfers that allows golfers to manage their game while connecting with friends, announced today that they are rolling out their newest feature: reserved profiles for the top 50 players on the PGA Tour. This exciting addition to the app will compliment existing features

In a deal that impacts at least five Nova Scotian tech companies, New Glasgow businessmen Jim Fitt has bought Halifax web design company Headspace Design, allowing its two co-founders to focus on their new startup Proposify.

Fitt, the founder of training materials provider Velsoft, paid an undisclosed amount for Headspace. He promises the highly regarded web development company will continue to meet clients’ needs and to grow in the future.

Headspace co-founders Kyle Racki and Kevin Springer, while assisting with the transition, will move on to work on Proposify (formerly PitchPerfect),

A new report on entrepreneurship in Newfoundland and Labrador reveals the province has a healthy entrepreneurial environment, especially among older entrepreneurs and immigrants.

The findings were released Wednesday in the 2013 Global Entrepreneurship Monitor (GEM) Newfoundland and Labrador Report, part of an annual study of entrepreneurship throughout the world. The provincial report was authored by Gary Gorman, Dennis Hanlon and Blair Winsor at the Memorial University’s Faculty of Business Administration.

“This is a good news report as it tells us that, in spite of Newfoundland and

BioVectra, the Charlottetown drug manufacturer purchased last year by Questcor Pharmaceuticals of Anaheim, Calif., for $100 million, has begun the latest expansion of its facility near the city’s airport.

The drugmaker is demonstrating the economic benefits of an exit by adding 13,000 square feet of space to its factory at a cost of $3.8 million. The company needs the extra space because it is increasing its work force from 140 people in 2012 to 250 people by the end of this year.  

BioVectra received a $3 million loan last year through theAtlantic Canada Opportunities Agency's  

When Gregg Curwin met potential clients in New England last month, he tried using an early adopter pitch he’d just learned from Gerry Pond at the Entrevestor Dinner in Fredericton.

Curwin is the Founder and CEO of Truleaf Smart Plant Systems, a Halifax venture that grows plants in stacked trays under LED lights. He attended the dinner in Fredericton and was especially impressed by the strategy for signing up early adopters outlined by Pond, the chairman of East Valley Ventures.

“I was in the States, and used the early adopter pitch with the Truleaf pitch,” said Curwin. “They loved it

Banyan Capital Partners, a private equity firm based in Toronto and Vancouver, announced it has teamed up with management to buy the concrete division of Pennecon Ltd., a Newfoundland and Labrador construction and engineering company.

The parties did not reveal the financial details. Though this deal doesn’t fit squarely with our mission of reporting on Atlantic Canadian startups, it is another sign of institutional private capital flowing into private companies in the region.

The following is the Banyan press release:

 Management buys out the concrete division of Pennecon

TORONTO,

Bedford-based NewPace Technology Development Inc. has been bought by NewNet Communications Technologies of Arlington Heights, Ill., greatly expanding the sales power of the mobile technology developer.

NewPace, which is headed by founder and CEO Brent Newsome, will become a subsidiary of the NewNet messaging division, based in Amsterdam. The company will change its name to NewNet Canada, and Newsome will become a vice-president of NewNet Communications and general manager of the Canadian operation. NewNet, which is a portfolio company of Los Angeles private equity firm Skyview Capital,

When the organizers of the CoinCity conference on Friday took up a collection for the families of slain RCMP officers, the attendees could contribute in one of two ways – conventional money or Bitcoin.

It was fitting that the organizers of the Moncton event paid tribute to the fallen Mounties hours after their suspected murderer had been captured. It was also fitting that they used the collection to show the flexibility of Bitcoin.

Commonly known as digital currency, Bitcoin is a peer-to-peer payment system introduced as open-source software in 2009. It is a decentralized currency

The Pond-Deshpande Centre at the University of New Brunswick issued the following press release:

Eastern Canada’s First Social Enterprise Accelerator Launches Six New Businesses

(June 6, 2014, Halifax, NS) Eastern Canada’s first Social Enterprise Accelerator program gathered a cohort of individuals and organizations from New Brunswick and Nova Scotia in the early stages of launching a new social enterprise and provided them with mentorship, expertise and investor exposure as part of a six-month program that started in January 2014.  Participants in the new B4Change Social Enterprise

Philippe Levesque wants his farm-in-a-box to help feed the world’s hungry, but the New Brunswick-based botanist and horticulturist must first raise $10,000 so that he can produce 200 boxes to validate his idea in Canada.

For the last year, Levesque, 34, has been working alone on producing a self-contained gardening model to share with the world. His solution: wooden boxes containing seeds,