BCIC-New Ventures’ 25 round-three competitors are working on their Round 3 business overviews for submission on August 3rd.
Competition judges will announce the 10 finalists on August 31st but in the meantime let’s have a closer look at the Top 25. Here’s Part III – five randomly selected companies from the Top 25.
Precision NanoSystems (Vancouver)
Precision NanoSystems Inc. is focused on developing research equipment for the production of nanoparticles. These nanoparticles may be used to package and deliver drugs to specific disease sites in the body thereby increasing the drug’s effectiveness while minimizing adverse effects; or, the nanoparticles can be used to package and deliver other biological agents to target sites in the body to study and better understand the causes and drivers of disease.
ConnectionPoint (Vancouver)
ConnectionPoint is a startup company delivering innovative social network applications that solve pervasive problems in social commerce. Their keystone product “FundRazr” makes it easy for anyone to collect money from their online and social media communities. There are many reasons people and their communities need to raise money ranging from education and health (illness), to teams and clubs. Instead of traditional methods of canvassing and collecting cash and checks manually, people are searching for ways to move personal funding online and into their social networks. FundRazr allows anyone to quickly and easily set up a social funding campaign and distribute it via Facebook and Twitter. Solid partnerships with companies like PayPal make it simple, social and secure. The legal defense team for WikiLeak’s Julian Assange is a recent high profile user of FundRazr.
MineSense (Vancouver)
MineSense Technologies has developed the mining industry’s first mineral-specific sensor technology to accurately detect and reject barren waste rock from low-grade nickel/copper ores. Using rugged, high-frequency electromagnetic spectrometers integrated into common elements in the material handling system of a mine such as mining shovels, scoops, conveyor belts and ore feeders, the value in the ore is sensed, and waste rock is identified and rejected prior to being processed in the mill. This significantly reduces energy and costs, and increases metal recovery, greatly increasing profitability at the mine. The company has two sales models: equipment/solution sale, and shared benefits (with participation), has several present customers, and is revenue positive.
Pug Pharm Productions (Vancouver)
Pug Pharm online platform (SNO-GE) builds unique “Gameplay Ecosystems” where brands can create individual or cross-property social entertainment that attracts and retains customers and builds brand recognition and loyalty.
Secodix (Vancouver)
Secodix develops and markets a family of XPUs™ (eXtreme Processing Units) that increase the performance of conventional software over 100x with an over 70 per cent reduction in power consumption, without parallel programming or hardware development. This technology enables product developers, such as silicon vendors and mobile device manufacturers, to reduce “time-to-market” by 75 per cent. In a typical project, this reduces product development time from 4 years to 1 year.