ClinicServer Closes Sale to Biosign

ClinicServer, a Saint John-based company that helps health clinics digitize their operations and records, has closed its deal to be taken over by Biosign Technologies Inc., a publicly traded Toronto company with complementary businesses.

The buyer said on New Year’s Eve it would pay $1.96 million – all in stock except for $75,000 in cash -- for the Saint John company. The deal, which closed Monday, allows ClinicServer to retain its brand and New Brunswick headquarters and operate as a wholly owned subsidiary of Biosign.

Biosign, whose stock trades on the Toronto Venture Exchange,

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Modest Tree Lands Military Contract

Four arms of the Canadian military have licensed 3-D training software from a Halifax startup to help personnel learn how to work with machines and equipment.

Modest Tree Media Inc. announced this month that the Canadian military is the first customer of its Modest 3D software, which is designed to help users write and update 3D interactive training programs. Having met with representatives of the military at the I/ITSEC defence and aerospace conference in Orlando, Fla., in December, the company met several times with personnel and ended up licensing the product to the army, navy, air

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Press Release: Hashpi.pe in Florida

Norex, a Halifax website producer that has incubated several new products, put out the following press release yesterday for its Hashpi.pe product: 

Hashpi.pe takes on the law

From April 1-4 Hashpi.pe will be helping connect lawyers and legal marketers from around the world. It will be allowing them to come out of their shells, share their thoughts and ramp up the party. Although you might think the law profession would be the last to  to come together around the pipe, in this case you would be wrong.

Hashpi.pe, an innovation project from Halifax based web application firm Norex.ca,

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NBIF, East Valley Back Agora Mobile

Agora Mobile, a Moncton startup that is developing a social network for app development, has raised $1 million in equity funding from the New Brunswick Innovation Foundation, East Valley Ventures and several angel investors.

NBIF said in a statement it invested $500,000 in the company, and the remainder came from members of East Valley Ventures and other angels.

Founded by CEO Simon Gauvin, Agora has set out to let anyone create apps that work on all mobile devices and that never have to be downloaded or updated. The company let users join a social network on which they can develop

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Big Data Can Help Feed the World

With this cruel winter still making its presence felt, scientists and farmers met Saturday at Wolfville’s Acadia University to learn how big data can help the agricultural sector cope with extreme temperatures and other problems.

Although big data is an emerging field, attendees heard how its analysis can protect crops from cold, increase plant resilience to disease and improve plant breeding and productivity.

Big data is already lessening the impacts of extreme and fluctuating winter temperatures on grapes in Ontario’s vineyards, said keynote speaker Jim Willwerth of the Cool Climate

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Innovacorp, Angels Back Up My Game

Halifax-based Up My Game has landed funding from Innovacorp and a handful of angel investors, and has added a seasoned hand to its board of directors.

The company, which aims to develop the world’s best video tool for coaches, announced Friday that it raised a $250,000 seed investment from Innovacorp. CEO and Founder David Keefe added in an email that the company had also drawn a bit of investment from some angels.

He said in a statement from Innovacorp that he will use the money to roll out the product and for corporate development.

"We're pleased to have the seed round of financing

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NL Backs Build, Launches New Fund

The government of Newfoundland and Labrador on Thursday embraced the startup economy by announcing a $10 million investment in Build Ventures and the creation of a new VC operation, the Venture Newfoundland and Labrador Fund.

In delivering the 2014 budget, Finance Minister Charlene Johnson said the government aims to support innovative businesses with high growth potential.

“Access to venture capital in emerging growth sectors, such as ocean and Arctic technology and other knowledge-based industries, will improve the global competitiveness of companies operating in those sectors,

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Profile: Jeff White’s Teamwork

Whether he’s coaching young basketball players or mentoring fledgling entrepreneurs, Jeff White, co-founder and chief operating officer of New Brunswick’s East Valley Ventures, lives his belief that success depends on building strong teams.

 “A team approach is the central cog of families, organizations or companies,” said the six-foot-six former varsity player, who played for St. Francis

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I-3 Winner Heimdall Targets Japan

After owning the podium at the Innovacorp entrepreneurship competitions this year, Jim DeLeskie is now turning his attention to business development of his cyber-security company, with a special focus on Japan.

DeLeskie is the CEO of Heimdall Networks, the Sydney-based winner of the 2014 I-3 Technology Startup Competition, Innovacorp’s event that aims to find the best new startups in Nova Scotia.

The company, whose software battles distributed denial of service, or DDoS, attacks, captured $225,000 at I-3, as the overall winner, the winner for the Cape Breton region and as the top IT

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A Startup Baby Boom

If you believe in the law of averages, there is now a startup somewhere in Atlantic Canada that didn’t exist this time last week. And by next Wednesday, there will have been another launch.  Or maybe two.

One thing that has struck to me as I’ve gone through the results of our recent survey is the speed with which Atlantic Canada is now producing startups. The region launched more than one company a week last year, and the pace hasn’t slowed down in 2014.

We’re now reaching the end of the first quarter, so we should have seen 13 new companies if we’re to reach our new-startup-each-week

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