Picomole Instruments, a Moncton company developing a breath analysis device that detects cancer, yesterday announced that it has received approval from the U.S. Patent and Trademark Office and will patent the device.

Formerly called “LifeSens”, the device is currently unnamed because the company couldn't trademark that name.

Cormier said the patent notice allows the company to protect its proprietary technology as it develops clinical applications. He told Entrevestor that Picomole has completed a small pilot study on lung cancer and, encouraged by the results, is planning a larger

Karma Gaming, the Halifax startup out to marry regulated lotteries with video games, has signed a major contract to provide online games to Jumbo Interactive, a regulated lottery company in Australia.

Brisbane-based Jumbo said yesterday it had signed a deal with Karma Gaming, under which it would launch a Karma-designed interactive game that users could play as a means of picking lottery numbers. Karma CTO Jay Aird said in an interview yesterday that Karma – which is only 15 months old – will launch three products for Jumbo, first in an online format with mobile and tablet projects to

Springleap, a South African design crowdsourcing startup, will attend MentorCamp Halifax on Sept. 24, guaranteeing that at least one international company will attend the one-day event.

Permjot Valia, the CEO of MentorCamp, wants to include overseas startups among the mix of Atlantic Canadian companies to increase the international flavor of the event and enhance the exchange of ideas and experience. MentorCamp assembles 10 startups and exposes them to 30 mentors who have come from around the world. The mentors will select two winners, which will each receive a $25,000 investment from

Today’s post is a link to my most recent column in Progress Magazine, and I’m going to add a word or two about the extraordinary month we have planned for Entrevestor.

The Progress story outlines the increasing investment by funds and individuals based outside the region into Atlantic Canadian startups. This really is a sea change, as just two years ago fund managers west of Gaspe Bay rejected Atlantic Canadian companies just because they were Atlantic Canadian.

I wrote the Progress story in June and I have two additions that I have noticed in the past few months as I delved into the

For me, very little says more about the accelerated evolution of Atlantic Canada’s innovation economy than the maturation of Invest Atlantic.

The only pan-regional conference for investors and entrepreneurs in Atlantic Canada will be held at the World Trade and Convention Centre in Halifax on Sept. 26, the third of four events in Atlantic Innovation Week. For the third year in a row, I’m helping to organize the event, and I can’t help but be struck by how different the conference and the overall ecosystem are compared with when we began.

Consider this statistic: in the first Invest

The 2012 BioInnovation Challenge at BioPort Atlantic will be a larger event than last year, featuring seven participants, of whom at least three, have raised money previously.

The BioInnovation Challenge was launched in 2011 as the competitive event at BioPort, the main conference for biosciences in Nova Scotia. There were five participants last year, and ABK Biomedical, which is developing a product for the treatment of benign tumors in women, emerged with the $30,000 first prize.

The finalists -- a strong field given that almost half are proven to be investment-ready -- are:

*

Three years ago, businessman Gregg Curwin asked to meet me to discuss my book on the Nova Scotia economy, in part because he took exception to my statement that food production was too small a part of the province’s economy to have a significant impact on its future.

In fact, he told me, he was working on a system to grow local vegetables indoors under LED lights, using renewable energy and minimal water and fertilizer. That vision is now bearing fruit – well, leafy greens – at a test facility in Truro operated by Curwin’s company, TruLeaf Sustainable Agriculture Ltd.

TruLeaf has been

The value of the McKenzie Accelerator – which is now accepting applications to its second cohort – was driven home to me when I watched Guyverson Vernous present his company iCubemedia at the accelerator’s Demo Day in April.

Vernous is a native of Haiti, and he enrolled in the Moncton accelerator affiliated with McKenzie College earlier this year to help structure iCubemedia into a more dynamic business. The young company’s product, App-Lingua, allows smartphone app developers to translate their apps into foreign languages. He had already booked some sales, and his two hottest markets

Ocean Sonics – the young sister company of Instrument Concepts of Great Village, NS – is planning to launch a new product called icTalk in the autumn to complement its successful icListen smart hydrophone.

Begun by marine engineer Mark Wood in 2000, Instrument Concepts made a name for itself designing products specializing in underwater sound transmission and receiving. In March, it launched icListen as an underwater microphone that is so simple to use that you can hook it up to your iPod.  Its applications range from monitoring underwater drilling equipment from oil rigs to recording the

Now that he’s able to drive past buildings made of his green concrete blocks, Robert Niven is gearing up for CarbonCure Technology’s second round of funding, which he hopes will raise $3 million to $5 million.

Niven, an environmental engineer and chemist and now the company’s CEO, conceived of CarbonCure (and its sister company Carbon Sense Solutions) five years ago as a means of improving the environmental efficiency of making concrete blocks. Rather than cure the blocks through an energy-intensive steam system, CarbonCure hardens the blocks with carbon-dioxide, producing a quality