The 2008 recession hit Iceland very hard. Entrepreneur Haukur Gudjonsson lost his business. But his loss led him to create Bungalo, a rental company that’s expanding into Canadian cottage country.

Gudjonsson established Bungalo in 2010 to link cottage owners and vacationers. He said it is now the largest supplier of cottages for rent in Iceland.

He is excited about the Canadian cottage

MedMira, a publicly listed  medical device maker, has issued the following press release:

MedMira Targets Technology Promotion with Latest Investment from OnSite Lab

Company Focuses on Business Development Activities to Capitalize on Technology Platform Opportunities and Adds Industry Expertise to Support Continued Innovation

HALIFAX, NOVA SCOTIA–(Marketwired – Sept. 2, 2015) – MedMira Inc. (MedMira) (TSX VENTURE:MIR) is entering into a CAD $5 million investment with OnSite Lab Holding AG (OnSite Lab) to increase promotion and brand building to position the Company’s proprietary Rapid

When Gordon McArthur presented Forerunner Research at the Atlantic Venture Forum in June, he revealed the tremendous sales growth of the company, whose technology detects gases in soils.

Revenue at Forerunner, which grew out of research conducted at St. Francis Xavier University in Antigonish, increased 150 percent in 2014, and was on pace to rise 80 percent this year. The company is

Entrepreneurship took centre stage when Atlantic Canadian university educators gathered for their annual summit in January.

The speakers at the Atlantic Leaders’ Summit, organized by the Atlantic Association of Universities, were discussing trends in university education, but repeatedly the discussion honed in on ways to imbue students with entrepreneurial spirit and skills.

The speakers

A veteran of Toronto literary circles is now at the centre of a pioneering movement in Atlantic Canadian university entrepreneurship.

Don Sedgwick’s career is steeped in publishing, having edited more than 100 books, ghost-written more than a dozen, and acted as agent for such luminaries as Scotiabank Giller Prize-winner Linden MacIntyre. Now he is spear-heading efforts by the University of King’s College to teach journalism students to start their own ventures, not just look for traditional media jobs.

“I teach in the New Ventures stream and will be attending a prestigious training

After validating its online network for amateur sports in the local market, Bedford-based Eyeball Inc. has raised $1.1 million in a round of funding led by Clearwater Fine Foods Inc.

Eyeball launched its product last November, and has found a strong market among sports teams largely in the Halifax area. That was enough traction to attract a $1 million investment from publicly traded

There’s an unlikely alliance forming between the startup communities in Halifax and Las Vegas, as witnessed by two Halifax companies attending an accelerator in the southern city.

The cities, about 4,400 kilometres apart, are obviously very different in mindset and climate, but The Mill accelerator has featured Halifax companies in each of its first two cohorts. And there is talk of a

Build Ventures, the Halifax-based venture capital fund, has distributed the following press release:

AirVM Raises $8.0 million in Series A Funding

RHO Canada Ventures, Build Ventures and Wesley Clover Back Growing Cloud Management Company

AirVM, the leading cloud management platform company, today announced it has closed $8.0 million in Series A funding. Led by RHO Canada Ventures, joined by Build Ventures, and current investor Wesley Clover, the Series A financing positions AirVM for continued global growth as they scale to meet the demand for their cloud management platform,

When the I-3 Technology Startup Competition takes place in the next five months, one area to keep an eye on will be Region 5, more commonly known as Cape Breton Island.

The interesting thing about the biennial I-3 competition in Cape Breton is it will feature the winners of the past three Spark Cape Breton competitions – a list that grew last week when Innovacorp announced the winners of the 2015 Spark competition.

Not to pre-judge the results of I-3, it’s conceivable that a Cape Breton company could end up with development funding and services totaling $275,000 between the two

UIT, a startup immersion program at Cape Breton University, is accepting applications for 20 spots in the second year of the program, which runs from September to June.

Applications, which can be found here, are due this Friday.

UIT began last September and the 12 students in the first cohort learned simple coding and business methodologies through self-directed learning and conversations with mentors. All the curriculum materials are available free on the Internet.

UIT founder and lead mentor Gavin Uhma wanted to see students learn coding and business in a hands-on way rather than