When the board of LightSail Energy of San Francisco raised $37.3 million in venture capital funding last year, the press release said the round “was led by Peter Thiel, with participation from Khosla Ventures, which incubated the company, Bill Gates, Innovacorp, and other investors.”
That’s right—Nova Scotia’s innovation agency appeared next to the founder of Microsoft in the list of…
Continue ReadingWhen Sir Terence Matthews, the founder of Mitel and Newbridge Networks, came to McInnes Cooper’s Halifax office last year for a Manning Innovation Awards reception, I noticed he took the time to ask each startup he met one question.
“Do you have a board of directors?” he asked repeatedly throughout the evening.
This giant of Canadian entrepreneurship was driving…
Continue ReadingReducing emissions from industrial processes sounds like a great idea, but does anyone know for sure that industry is actually producing fewer emissions?
Dan Brake does.
What’s more, he’s also working on a system that can soon accurately predict in the future where, how and why contaminants might seep into the environment from industrial projects.
Brake is CEO of EMSAT Corp., a St. John’s startup that has developed…
Continue ReadingThe Atlantic Canada Opportunities Agency has awarded a total of $11.3 million from the Atlantic Innovation Fund to five companies or organizations in Nova Scotia to finance the development and commercialization of new technology.
The loans are part of a total AIF award this year of $39.9 million, which is being channeled…
Continue ReadingGood things can happen when entrepreneurs have a problem. Cory Allen proved that point with SmartPhone Switchboard.
Allen is the founder and CEO of Fredericton-based CloudLinx, a profitable start-up that handles the server functions for small businesses with a cloud-based solution. His four employees use cellphones rather than land lines to communicate.
They use an answering service to channel…
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