After a long and hectic summer, a group of entrepreneurs from Dalhousie University will unveil their financial app Purchext to angel investors in Toronto today as the final segment of the grueling Next 36 course.

Purchext is a company formed at Dalhousie last spring and its founders — Cam McDonald, Zachary Levy, and Daniel Bartek — took the project to the Next 36 program, a three-month academic/mentoring program for undergraduate entrepreneurs. The graduation from the program includes pitches to angel investors.

Having worked and reworked their proposal and technology over the summer,

Fredericton-based businesses – including the startups in the two incubators that will open this autumn -- will soon be offered a massive saving on their internet fees, which the city hopes will further develop its burgeoning startup community.

E-Novations, the not-for-profit internet provider owned by the City of Fredericton, announced last week it would offer a commercial internet service to local businesses at a discount, which is about 75 percent less than rates available in the rest of Atlantic Canada.

More than a decade ago, Fredericton set up e-Novations as a vehicle for providing

Sheepdog Inc., the Halifax company specializing in cloud-based software development, will focus on organic growth in its Sheepdog Labs division now that it has laid off most of its 13-member sales and marketing division, CEO Brandon Kolybaba said in an interview Wednesday.

Sheepdog is structured into two main divisions — the first is a venerable reseller of Google Apps, and the second, Sheepdog Labs, is a development business that builds cloud-based software for clients, ranging from small business to some of the world’s biggest companies.

Kolybaba said the company last year hired a

A day after its Atlantic Innovation Fund financing officially expired, Vitrak Systems Inc. of Charlottetown closed its first sale.

The company in 2011 won a two-year, $1.4-million loan from the Atlantic Canada Opportunity Agency’s innovation fund, which it used to commercialize its Stepscan footprint analysis technology. The company has now produced a commercial product and sold one to the University of Prince Edward Island for its new Concussion Screening and Return to Play Evaluation Program. And Vitrak has about 10 potential customers that have asked for quotes.

 “People are

In the midst of those hazy, lazy days of summer, startup incubators and accelerators around Atlantic Canada are hard at work preparing for a bevy of activity in the autumn.

These “startup organizers”, if you will, all like to be called something different – like incubator, accelerator, co-working space, or startup house. But they all provide places for startups to work and/or provide instruction in how to develop your company.

Several of them have let Entrevestor know about their plans for the autumn, so we’re letting fly with our first Startup House/Incubator/Accelerator/Co-Working

The Halifax startup community is staging an event next month that could theoretically lead to improved services and greater efficiency in Halifax Regional Municipality.

Volta, the co-working space for startups in downtown Halifax, is hosting a hackathon Sept. 14 and 15 in which as many as 140 tech enthusiasts will work with municipal data to devise web- or mobile-based applications that the municipality and its citizens could use. Applications are available here.

In a hackathon, tech enthusiasts come together for a weekend and are divided into teams that work together to develop a

After a gas leak was reported in Halfax’s south end in July, Gordon McArthur and Nick Nickerson drove around the area taking readings of natural gas with an ultra-sensitive analyzer to make sure all leaks had been plugged.

Within a few hours, the two execs from Forerunner Research Inc. had crunched the numbers and mapped out all air levels on Google Earth.

 “The results looked fine, with no lingering reason for concern,” McArthur said later, pleased to be able to demonstrate his company’s gas detection capabilities.

Forerunner Research of Dartmouth has developed gas-flux measurement

I was really lucky in March to spend some time with Mark Dobbin, the head of Killick Capital of St. John’s.

The result of that interview – conducted in his open, marble-floored office with a panoramic view of St. John’s Harbour – is an article on the Killick portfolio in this month’s edition of Progress magazine.

What really interested me about Dobbin’s investments was the diversity – both in terms of segments and geography.  There’s a theory in the investment world that you improve your success with a focus on a certain sector, but Dobbin is the exception that proves the rule. Though

The latest edition of Startup Monthly, the video discussion about the Atlantic Canadian startup community, is now available at Startup Kitchen.

This month, Robert Foley, Suhaim Abdussamad and I are joined by Jason Lee, Program Manager at Entrepreneurs Forum in P.E.I.

As usual, we take a look at what’s going on around the region, including a few recent funding announcements.

Ascenta Health Ltd. in Dartmouth has received a $500,000 repayable loan from the Atlantic Canada Opportunities Agency to support the marketing of Ascenta Skin, its first omega-3-based product for the beauty market.

Founded a decade ago by CEO Marc St-Onge, Ascenta Health has developed a dominant position in the Canadian natural health product market with its NutraSea brand of nutritional products made naturally from omega-3 fatty acids.

Four years ago, St-Onge and his team became aware of scientific research showing that omega-3 EPA and DHA (the fatty oils found in such fish as salmon)