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Finlay, Lowe Standing By FAN’s Record

  • Mar 01, 2013
  • Ross Finlay and Brian Lowe

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

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Nagtegaal: Opposing Pay to Pitch

  • Mar 01, 2013
  • Toon Nagtegaal

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

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Ooka Island’s Post-Dragon Sales Soar

  • Feb 28, 2013
  • Peter Moreira

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

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OneLobby’s Version 1 Starts Beta-Test

  • Feb 27, 2013
  • Peter Moreira

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,

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Terra Nova Outlives `Startup Bruises’

  • Feb 26, 2013
  • Peter Moreira

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

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NBIF Names Breakthru Finalists

  • Feb 26, 2013
  • Peter Moreira

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

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Lymbix’s Measurely Gaining Traction

  • Feb 25, 2013
  • Peter Moreira

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

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Atlantic Venture Forum Slated for June

  • Feb 25, 2013
  • Peter Moreira

The group producing some of the largest tech-venture conferences in Canada is coming to the Atlantic Provinces.

Spurred by the growing national interest in the region’s start-ups, the Critical Path Group announced late last week that it will

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Halifax to Host Business Model Contest

  • Feb 22, 2013
  • Peter Moreira

Ed Leach talks about the upcoming Canada’s Business Model Competition by comparing it to the situation that used to exist in Canadian college basketball – the championships were in Halifax every year.

Dalhousie University – at which Leach

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FAN Defends its Funding Model

  • Feb 21, 2013
  • Peter Moreira

As I ended a conversation Tuesday with an entrepreneur who was once funded by the First Angel Network, he said, “The worst thing that could come out of this would be for FAN to shut down.”

This is the controversy that erupted Tuesday when David

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RtTech Penetrating Global Markets

  • Feb 21, 2013
  • Peter Moreira

The fact that RtTech Software CEO Pablo Asiron has travelled this year to Kazakhstan, Australia and the Philippines to meet clients and sales prospects shows how successful the New Brunswick company has been in international markets.

Only 16

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Creative Funding by Biotechs

  • Feb 20, 2013
  • Peter Moreira

Charlottetown-based drug-discovery company Neurodyn Inc. tapped an unlikely source of capital when it announced its $1.5-million to $2-million funding round last week. It raised money from something called a “home office.” It also revealed a new

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