NB Business Council Names Lee Corey as New Chair
Lee Corey, of Corey Nutrition Company, has been named by the Council as the incoming Chair for the coming year.
News
Zensurance Liquidity Event Leads To Tech4SickKids Donation
Zensurance, an Upside Member leading the technology revolution in the insurance industry, has closed a funding round that has led to a successful liquidity event for The Upside Foundation: Upside’s 4th exit to date.
World Angel Investment Summit 2018
The National Angel Capital Organization (NACO) supports Angel investors, incubators, and accelerators by connecting individuals, groups, and other partners that support early-stage investing. NACO is hosting the 2018 World Angel Investment Summit, for the first time here in Toronto. NACO expects 700+ attendees, representing 20+ countries to converge on downtown Toronto in September. NACO is excited to be partnered with Elevate Tech Fest, offering both premium content for their attendees, as well as collaborating with Elevate to run their Financing track and cohost keynote speakers.
The 2018 World Angel Investment Summit is the culmination of years worth of NACO’s efforts to build Angel communities across the country, and will continue to catalyze a more dynamic early stage capital ecosystem.
The World Angel Investment Summit takes place in various locations across downtown Toronto, including the Hilton Hotel and Toronto’s historic Casa Loma. The NACO Summit kicks-off on September 25th and runs until September 27th.
Propel charts new course with virtual accelerator program
New programming will have profound impact on startup world in Atlantic Canada
A few months after announcing a new direction for the organization, Propel released much-anticipated details today on their redesigned accelerator program called “Incite” .
SQUIGGLE PARK RAISES $800,000 TO SUPPORT MISSION OF INCREASING CHILDREN’S LITERACY
Halifax-based Squiggle Park, a web-based platform that aims to help children learn how to read, announced that it has raised an $800,000 seed round.
Creative Destruction Lab Atlantic graduates first cohort
A diverse group of 12 startups are currently attending the Toronto “Super Session” as the first cohort of graduates from the Creative Destruction Lab Atlantic.
Greenlaw Returns with Brunvalley
Having sold his last company Brovada for US$15.2 million in 2015, Karl Greenlaw is back in the startup game with a new fintech company called Brunvalley Cloud Solutions Inc.
Medical Pharmacies Group revamps digital signage network
Medical Pharmacies Group, which operates in more than 40 locations in Ontario, Alberta and British Columbia, has selected Charlottetown-based software developer ScreenScape Networks to replace its legacy digital signage system.
Medical Pharmacies uses place-based media to communicate with long-term care, retirement home extended-care facility residents, featuring customized programming—including local menus, news and event calendars—on screens mounted in lobbies, dining rooms and other communal areas.
“The old system no longer met our needs,” explains Puneet Kharma, vice-president (VP) of sales and marketing. “We needed richer functionality that would still be cost-effective and easy to use.”
With ScreenScape, Medical Pharmacies simply sends a plug-and-play media device via courier to each location. Once they are online, the devices are remotely updated and managed using cloud-based software.
Fredericton’s Resson Pulls In $14-Million Investment Led By Indian Conglomerate
Resson, a New Brunswick-based predictive analytics company for the agricultural industry, announced a $14 million Series C round of financing on Tuesday.
EAST VALLEY FINALIST FOR KIRA INNOVATION CHAMPION AWARD
East Valley has been recognized as a finalist for KIRA’s Innovation Champion Award – creating an environment to foster innovation is what we’re all about.
East Valley has a simple mission that guides all of its practices and investments: helping founders turn ideas into companies that will grow the economy of Atlantic Canada.
We believe that the founders and companies we foster today will be tomorrow’s titans. We invest in ICT, not only because it is our area of expertise, but because it offers such enormous growth potential for both individual investors and the economy as a whole. East Valley is working to create a vibrant tech sector here at home that will help Atlantic Canada prosper as we move into the future. We do not do it alone and encourage other individuals and companies to join in with mentorship, investment, problems to innovate against. The more companies working towards this goal the more our economy will thrive.
By combining investment and mentorship, we have been able to play a major role in helping Atlantic Canada punch above its weight in the world of ICT. As such we’re proud to see two East Valley portfolio companies on the finalists list l: Alongside Inc. for the Premier’s Award for Innovation and Beauceron Security for Most Innovative Product or Service.
Good luck to all the finalists, there’s a strong list which speaks volumes to innovation across all sectors in New Brunswick. This year marks KIRA’s 20th anniversary and the event will be held on Thursday, May 3rd at the Fredericton Convention Centre. See you there!
The KIRAs celebrates excellence in technological, social and economic innovation across all sectors and industries in New Brunswick. The awards recognise companies, organizations, and individuals in New Brunswick for their role in the development and / or application of innovative products, processes, services, technologies, or business models. KIRA seeks to encourage and foster a culture of knowledge and innovation in New Brunswick. Created in 1998 as a means to recognize the knowledge industry in Fredericton, the event has broadened its scope to showcase and honour innovation in all sectors and industries across New Brunswick. KIRA is celebrating its 20th anniversary in 2018.