Press Release: Startup Week in NL

Startup Newfoundland & Labrador has issued the following press release:

15-Plus Speakers and Mentors Set Stage for Startup Week NL – June 12 to 18

ST. JOHN’S, NL – Startup Week is the latest initiative by Startup Newfoundland & Labrador that will see a spotlight put on the startup community in the Province. Startup companies are bringing some of the most exciting ideas to the fore and showing off the skills and business acumen of this new generation of ventures.

The week kicks off with Startup Weekend, a 54-Hour event that will see the real-time formation of new companies with

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DevCon Set for Fredericton Tomorrow

For the first time in four years, Maritime DevCon, the conference for computer developers, will take place on Saturday in Fredericton.

Maritime DevCon was started in 2006, but was called DevEast and held in Moncton. It then occurred again in 2010 in Moncton and in 2011 in Fredericton.

DevCon Chair Derek Hatchard only started organizing the conference six weeks ago.  Despite that, this year’s DevCon is almost sold out, with more than 120 people registered to attend this Saturday’s event.

“I think it really speaks to the pent-up anticipation in this area because we haven’t had a lot of

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Press Release: TruLeaf’s First Farm

TruLeaf Sustainable Agriculture Ltd., a Halifax startup that grows plants in stacked trays under LED lights, has released the following press release:

GoodLeaf Farms, Exclusive Canadian Licensee of TruLeaf’s Smart Plant Systems®, Announces First Farm Construction

BIBLE HILL, NS, June 10, 2015 – GoodLeaf Community Farms Ltd. (GoodLeaf Farms), a wholly owned subsidiary of TruLeaf Sustainable Agriculture Ltd. (TruLeaf), has awarded a contract to Fowler Construction Services Ltd. (Fowler Construction) to begin construction of its first farm, in Bible Hill, this month.  A building in the

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Assessing the Companies at AVF

A mating ritual got under way at the Nova Scotia Westin in Halifax on Wednesday as the Atlantic Venture Forum brought together dozens of Atlantic Canadian entrepreneurs with investors from across North America.

The third annual forum is a meeting place at which startups from the region can link up with potential investors. There are 21 startups — 12 seed-stage companies and nine more advanced growth-stage companies — presenting to the group, but there is also an array of other startups attending to meet with possible funders. The literature given out at the forum provides fascinating

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NB Crowdfunding Sessions Set

New Brunswick’s Financial and Consumer Services Commission, or FCNB, is planning a series of education sessions about equity-based crowdfunding.

Crowdfunding is the process of raising money online from a broad range of people. Although it has been used for charitable fundraising and early sales of products, regulators in six provinces (including Nova Scotia and New Brunswick) recently approved the practice for companies raising capital. No company can raise more than $250,000 in a single campaign, and investors are limited to maximum investments of $1,500 per company.

The free sessions,

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Brightspark East Launches on AVF Eve

On the eve of the Atlantic Venture Forum, Brightspark Ventures of Toronto held a reception Tuesday night to outline its plans for Brightspark East, a collaboration with East Valley Ventures of Saint John.

The AVF begins today at the Nova Scotia Westin Hotel, and will allow more than 20 Atlantic Canadian startups to present their companies before investors from across Canada and the U.S.

One of those investors is Sophie Forest, Managing Partner of Brightspark Ventures, who introduced the group’s funding model Tuesday night.

Brightspark is positioned somewhere between a venture capital

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Dal’s Starting Lean Hosts Launchpad

The Dalhousie Starting Lean initiative is continuing to mentor young entrepreneurs this summer by hosting the LaunchPad Accelerator and providing seed funding for the teams involved.

Now in its second year, the accelerator allows young companies to develop their business models, conduct customer discovery, gain traction and pitch investors. The eight-week accelerator gave each of the participating teams $10,000 to jump start their company.

Many of the companies were developed in Dalhousie’s Starting Lean class, which allows students to learn about lean methodology and apply those

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Press Release: Unique Solutions Funding

Unique Solutions Design Ltd., whose scanning technology helps people select the best-fitting clothes, has issued the following press release:

Me-Ality is Oversubscribed for $15 Million Equity Private Placement and Welcomes Seasoned Executive and International Economics Expert to its Board of Directors

SANTA CLARA, Calif., Jun 08, 2015 (BUSINESS WIRE) -- Unique Solutions Design Ltd., (Me-Ality), developer of the only scanner technology able to take precise body measurements while a person is fully clothed, and owner of the world’s largest database of body dimensionality, is pleased to

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Cape Breton Ecosystem Evolving

My enduring memory of the two days I spent last week with the Sydney startup community will be the sight of two developers setting up a chat room for the community as one event was breaking up.

On Friday, we held an Entrevestor Luncheon sponsored by BDO Canada at the Verschuren Centre at Cape Breton University. It was followed by brief presentations from seven of the winners of the first two

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Showcasing Spark Contest Winners

You’d tend to have low expectations for a group of tech startups that were seeded with no more than $50,000 each, but the Spark Cape Breton Demo Day on Friday surprised on the upside.

The event in Sydney allowed seven startups to showcase what they have done since claiming a prize in the competition in the past two years. Organized by Innovacorp, the Spark competition gives a maximum of $50,000 to Cape Breton and Mulgrave startups with good business ideas.

About half the winners from the past two years presented at Demo Day and they showed they had either launched a product or we close

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