NB Adds $5M to NBIF Funding

The government of New Brunswick announced today that it is investing a fresh $5 million this year to support research and graduate students with its New Brunswick Innovation Foundation (NBIF) funding

The statement released today announced a $11.4 million investment. A government official said that $6.4M had been announced last year.

“This boost in investment is incredibly welcomed and

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Bid Tasker Plans To Launch Soon

A Cape Breton entrepreneurial team with an exit under its belt plans to launch a new online product that helps homeowners find people to perform odd jobs.

The company, Bid Tasker Mobile Applications, features entrepreneurs Donald Hanson, his cousin Darren Hanson and Chief Technical Officer Todd Chant. The two Hansons previously headlined a company called Coretech, which they sold in 2015.

Now

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Stockport Shareholders OK Sona Deal

The shareholders of Halifax-based Stockport Exploration have approved the company’s merger with Sona Nanotech, completing another step in the merged company’s path to a stock market listing.

The companies on Friday released a statement saying the Stockport shareholders voted 99 percent in favour of the merger last Thursday. The meeting was attended by 18 Stockport investors, as well as employees

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Talking startups with Katelyn Bourgoin

It’s been just over a year since Katelyn Bourgoin folded her company Vendeve, a skill-swapping platform for female entrepreneurs similar to LinkedIn. She sat down with Entrevestor to discuss her latest venture, founder burnout and why her company failed.

“I think my glasses were a bit rose-coloured about how easy it would be to raise those funds,” said the Halifax-based serial entrepreneur

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NB Outlines 5-Year Digital Strategy

MONCTON – The government of New Brunswick announced Friday a five-year digital strategy that would allow residents to access their information and government services from “any device, anywhere, at any time.”

Treasury Board President Roger Melanson said the province aims to be the first jurisdiction in North America to provide government services digitally. The strategy is a piece of a larger

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AVSS To Be OEM for Drone Makers

When the 2018 Fundica Roadshow kicks off in Montreal on Tuesday, one presenter will be a one-year-old New Brunswick company that is quickly making a name for itself for safety standards in the drone industry.

Founded by Josh Ogden of Rothesay, NB, and Josh Boudreau of Ottawa, AVSS is developing hardware and software to improve the safety of autonomous aircraft. The company’s main product so far

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Jobs of the Week: NBIF, CAA

The two postings in our Jobs of the Week Column today both come out of New Brunswick from widely recognized organizations. One in Fredericton is with the New Brunswick Innovation Foundation, the other is in Saint John with the Canadian Automobile Association’s Atlantic division, CAA Atlantic.

The NBIF is an independent nonprofit that fosters innovation and research in the region. Since 2003, the

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NB To Spend $53.5M on Innovation

The Government of New Brunswick announced on Wednesday it’s spending $53.5 million to foster innovation and boost research and development in the province.

“This investment is a big boost for innovation and will enable NBIF to support and nurture even more research and startup ventures in New Brunswick”. said Calvin Milbury, President and CEO of the New Brunswick Innovation Foundation in a

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KRS Wins Dutch Safety Contest

Keeping Roads Safe, the company that is designing a software to keep drivers off their phones while behind the wheel, won first place during a pitching competition at Intertraffic Amsterdam, a worldwide annual exhibition for the traffic and mobile safety industry in March.

This win has led to the Halifax company forming significant partnerships in European markets and piloting its product with

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