News & Events

October 21, 2016
SimpTek Technologies raises over $700,000 in funding to expand in North American clean tech market

SimpTek Technologies, a software company providing intelligent energy management solutions for homeowners and utilities, raised over $700,000 in funding. Led by the New Brunswick Innovation Foundation, and several angel investors, this funding will help SimpTek pursue new business opportunities and expand into new markets. ... Read More

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June 16, 2016
Moncton’s Qimple raises $1.1 million in seed funding

With a mission to humanize online hiring by improving the way job seekers and employers interact, HR software company Qimple today announced that it has raised $1.1 million in seed funding. The round, led by the New Brunswick Innovation Foundation with participation from Green Century Investment, will help the Moncton-ba... Read More

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April 5, 2016
New Brunswick increasing HST rates to 15% effective July 1, 2016

New Brunswick will be increasing their HST rates from 13% to 15% effective July 1, 2016. This rate increase will affect registered businesses operating in the province of New Brunswick, but also other Canadian businesses (and businesses outside of Canada that are registered for purposes of GST/HST) who have customers loc... Read More

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March 31, 2016
Fredericton ranks as top competitive Canadian city for business: KPMG

New Brunswick’s capital city is the tops in the country for business, according to a new report from KPMG. The Competitive Alternatives 2016 report found that as a country, Canada places second as a cost competitive market for business, behind only Mexico. The report examines 26 business costs elements, including labou... Read More

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September 15, 2015
Brovada Acquired by Towers Watson

On September 14, Towers Watson (NASDAQ:TW), a global professional services company, announced it has signed a definitive agreement to acquire Brovada, a Canadian insurance technology business. Founded in 2003, Brovada is well known for the BrovadaOne platform, which provides a complete solution for integrating and automat... Read More

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