The story of SkySquirrel Technologies is a story of two immigrants in rural Nova Scotia, a kick-ass medical device company and the development of an unmanned aerial vehicle that could save lives.

Though very much in its infancy, SkySquirrel is a company that’s already creating buzz at support agencies due to its potential in both software development and manufacturing from its base in

There’s going to be a bit of a change this year in the Pitching Den at Invest Atlantic.

The fourth annual Invest Atlantic conference will be held at the Halifax World Trade and Convention Centre on Sept. 25, and like its three predecessors it will include pitchers telling the hundreds of delegates about their companies. In the previous years, the Pitching Den has been the final segment of the conference, with the winner usually walking away with beer tickets and bragging rights.

This year, Bob Williamson, the head of Invest Atlantic, is trying something different. He’s organized

To further the debate about whether companies should pay to pitch, Entrevestor today is publishing guest columns outlining opposing views.

Since Toronto-based startup evangelist David Crow criticized the First Angel Network in Startup North on Feb. 19, members of the community have discussed publicly and privately the pros and cons of FAN’s model .

FAN has channeled more than $9 million into 22 companies (and counting) since 2005, during which time it has accepted $1.1 million in funding from the Atlantic Provinces Opportunities Network. It charges each company that pitches to its full

The First Angel Network, or FAN, goes where other investors fear to tread. Since 2005, it has directed more than $9 million to business startups in Atlantic Canada.

As co-founders of Atlantic-based FAN, we are proud of the performance of the companies our angels have supported. Since 2005, we have invested in 22 early-stage companies. Only two have failed, while two FAN-supported firms have successfully exited – one after being sold for 1.5 times the organization’s investment.

Overall, FAN’s $9-million has leveraged more than $60 million in additional investment in firms that have

After 25 years in venture capital, I first heard the term “investment ask” five years ago, when working in Nova Scotia.

I didn’t like it at all! And I really don’t like the practice of asking entrepreneurs to pay to pitch.

One important thing I learned during all those years is a good deal requires equal parties. Entrepreneurs and investors are of equal importance to the deal and to each other. If anyone feels treated any other way than equally, it will lead to friction, and the deal will be harmed.

You may think the investor always has the upper hand, but you’re wrong. The investor

The staff of Ooka Island Inc. gathered at their Charlottetown office a few weeks ago to watch the educational software company’s pitch on CBC’s Dragons’ Den.

One staff member’s smartphone was logged on to the company’s e-commerce site, which pings every time Ooka Island gets a new client.

As the pitch was broadcast, the phone began to ping and ping until it sounded like a drum roll. The sound eventually died down, only to happen each hour as the show was broadcast in the next time zone and then the next.

“That started a pretty steady stream (of sales) for about the next two weeks,”

OneLobby on Thursday will launch – or maybe christen is a better verb – the first version of its event management software, which it has adoringly named Alana.

The Fredericton startup, which last year moved its headquarters from Halifax, pivoted, and raised $500,000 in angel funding, said it the launch will take place at the Canadian Society of Professional Event Planners annual meeting, being held at the Crowne Plaza hotel in Fredericton.

The company has decided to name each version of its software after someone who supported its development, and named Version No. 1 after early adopter

Maria French jokingly says she still has the “startup bruises” from the early years of trying to gain traction with her medical transcription business, Terra Nova Transcription of St. John’s.

In 2000, French got the idea of providing a service to transcribe the notes that doctors dictate for each patient who visits a hospital. Most hospitals have in-house transcribers, but these services are expensive and can take weeks to transcribe a report (too long if a patient’s condition is deteriorating rapidly).

“In 2001, our entry point was the U.S. market,” French said in an interview from her

The New Brunswick Innovation Foundation has named the five finalists for its biennial Breakthru competition, in which early stage companies will vie for $406,000 in prizes.

The finalists -- Black Magic, CeteX, Store-it Squirrel, TotalPave and RTV – will now be entered into the Viewer’s Choice award, in which the CBC broadcasts features on each company, and viewers select their favourites.

NBIF and the law firm Cox & Palmer will announce the winner and two runners up of Breakthru as well as the Viewer’s Choice award at the Breakthru Awards Dinner at the Delta Fredericton Hotel on March

Almost two years after landing a seven-figure venture capital funding, Lymbix Inc. of Moncton is gaining revenue with a different product than the one that attracted investors.

Lymbix drew the attention of the regional startup world in April 2011 when it received $1.35 million from GrowthWorks Atlantic Venture Fund. It received the funding largely on the strength of ToneCheck, a product that runs on the company’s innovative social-media sentiment analysis application programming interface, or API, a set of tools used to build software apps.

But two years later, Lymbix’s focus has