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Springboard-Supported Start-Up Among Bioinnovation Semi-Finalists

The semi-finalists have been chosen for the 2014 edition of The BioInnovation Challenge (BIC).

Scott Moffitt, Managing Director of BioNova, the host of BIC, announced today that a selection committee has chosen the semi-finalists who will take part in the program. The semi-finalists will receive professional pitch training between now and the semi-final run off, which will be held in Halifax on October 20.

This year will mark the second time New Brunswick companies will be taking part in the competition and the first year for companies from Prince Edward Island. BioNova has partnered with BioNB and PEI BioAlliance, its sister organizations in NB and PEI, to allow up and coming life sciences companies from all three Maritime Provinces to compete in the challenge.

“We’re very excited about this year’s BioInnovation Challenge,” said Moffitt. “We have semi-finalists from Nova Scotia, New Brunswick and Prince Edward Island which shows just how much life sciences innovation is happening around the Maritime Provinces.”

The semi-finalists are:

Athletigen Technologies Inc., Nova Scotia
Biopolynet Inc., New Brunswick
Doctor’s Orders, New Brunswick
Fenol Farm Inc., Nova Scotia
Help Method Inc., Nova Scotia
Island Water Technologies, Prince Edward Island
NB-Biomatrix Inc., New Brunswick
Precise.ai Inc., Prince Edward Island

The winner of the BioInnovation Challenge will receive a $15,000 seed investment and a package of support services and mentoring valued at more than $30,000. The 2014 BIC is presented by BioNova in partnership with the Atlantic Canada Opportunities Agency, BioNB, Cox & Palmer, Dalhousie Office of Industry Liaison and Innovation, Jennifer Cameron PR, Marsh Canada Limited, PEI BioAlliance, PwC and Sandler Training.

BIC will take place over two days in October. The 8 semi-finalists will present to a panel of judges on October 20 at the Life Sciences Research Institute. The top three presenters will then pitch to the judges and the conference audience at BioPort Atlantic, BioNova’s annual conference, the following morning.  The winner will be announced at the close of BioPort Atlantic on the afternoon of October 21.

BioPort Atlantic will take place at the World Trade and Convention Centre on October 20 and 21. Built around the theme “BOLD IDEAS for BIG OPPORTUNITIES”, BioPort  provides a forum to educate, inform and inspire the life sciences community to develop their ideas, commercialize their technologies and build links within the region and with guests brought in from the US and from around the world.