Nov 10, 2011

CIX announces Canada’s most innovative tech companies

The Canadian Innovation Exchange (CIX) today announced this year’s Top 20 most innovative Canadian companies in information and communications technology and digital media. The finalists will present live at CIX on Dec. 1, at the MaRS Discovery District in Toronto.

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The 2011 CIX Top 20 are: Continue reading »

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Nov 1, 2011
Robert Chaplinsky

KPMG and DigitalPuck.ca partner for AlwaysOn Venture Summit

DigitalPuck.ca and KPMG are teaming up for the AlwaysOn Venture Summit Silicon Valley 2011, to be held at the Ritz Carlton in Half Moon Bay from Dec. 12-14th.We have negotiated a special $595 show ticket discount for DigitalPuck.ca members. Click on http://www.aonetwork.com/cart/add/p68771?destination=cart to take advantage of this great deal

The Venture Summit kicks off with an AlwaysOn golf outing Dec. 12th at the Half Moon Bay resort’s Ocean Golf Course. The tee off time is at 11 am and is restricted to Venture Summit Silicon Valley attendees.

Continue reading »

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Nov 1, 2011

What is the process for filing for the Scientific Research and Experimental Development program (SR&ED) and The Ontario Interactive Digital Media Tax Credit (OIDMTC)?

Joseph Mauceri, Manager, R&D Tax Incentives Practice, KPMG

A. In order to make a claim for the Scientific Research and Experimental Development program (SR&ED), a company must prepare schedule T661 on its annual tax return.

For each project identified as SR&ED eligible, a technical report must be prepared describing the technological advancements you were trying to achieve, the technological obstacles/uncertainties you had to overcome and the work that was performed to overcome the technological Continue reading »

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Nov 1, 2011
Robert Chaplinsky

Network at Vancouver’s “Buzz Event” Nov. 24

Check out The Buzz Event at the Xi Shi Lounge at the Shangri-La in Vancouver on Thursday, November 24, 2011 @ 6:30pm.
Address: 1128 W Georgia St, Vancouver.
The Buzz Event (also known as The Buzz Entrepreneur Event) is a quarterly networking event that brings together the ambitious, upcoming and established entrepreneurs and professionals in Vancouver.
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Oct 31, 2011

Toronto’s Matt Golden on early-stage investing and his new fund

Matt Golden invests in early-stage mobile startups. Before starting Toronto-based Golden Venture Partners last June, he was an advisor to Five Mobile, which was acquired by Zynga in July 2011. For two years, he was a partner with the BlackBerry Partners Fund.

He also co-founded Tira Wireless and was an associate with Brightspark Ventures. Golden Venture Partners has made investments in Guardly, Wattpad and Yesware, with additional deals to be announced over the coming months.

Here’s our interview with Matt:

DigitalPuck.ca: You’ve always worked in the mobile space as an advisor, entrepreneur or investor. Can you discuss your history and some of your successes? Continue reading »

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Oct 28, 2011
Robert Chaplinsky

Pre-CIX hockey game is back!

Save the date: Nov. 30, 2011.

Due to overwhelming demand, the pre-CIX hockey game is back.

This year it will be a pickup game – not a tourney like originally planned last year – for a few hours on the afternoon of Nov. 30th, the day before CIX. Continue reading »

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Oct 25, 2011

Wave Accounting’s Kirk Simpson on giving customers what they want

Kirk Simpson is president and CEO of Wave Accounting, a free online accounting service for small businesses. Kirk started Wave after 13 years in digital media.

Wave, which launched in Nov. 2010, is Kirk’s third start-up and the company is on a roll. Wave nabbed a $1.5 million seed round in June 2011, led by OMERS through INKEF Capital. A $5 million Series A round followed in October 2011 led by Charles River Ventures (CRV), with OMERS Ventures. (This came after $750,000 in funding from the Federal Economic Development Agency for Southern Ontario in September.) We recently interviewed Kirk about Wave.

DigitalPuck.ca:  Can you tell us a little bit about what Wave provides customers?

Kirk Simpson: Wave is a ridiculously easy and 100% free online accounting tool for small business owners.  We know that the majority of small business owners hate doing this stuff. They’re using spreadsheets and shoe boxes to manage their income and expenses until tax time.  We use smart technology to cut down on the time they spend on accounting and bookkeeping, while giving them better control of their business. Continue reading »

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Oct 24, 2011

What are some tax credits for Canadian digital media companies?

Joseph Mauceri, Manager, R&D Tax Incentives Practice, KPMG

The Scientific Research and Experimental Development program (SR&ED) offers Canadian companies both federal and provincial tax credits for expenditures relating to eligible SR&ED activities.

The work must be advancing the understanding of technology and should address technological uncertainty through  systematic investigation. Whether your company is developing new products/processes or improving existing products/processes you may qualify for up to 73 cents on the dollar of internal labour expenditures. Continue reading »

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Oct 18, 2011

StartUp Calgary seeks startups for Launch Party

StartUp Calgary is looking for local, up-and-coming technology companies to showcase at Launch Party 2011.

All Calgary-based startup companies are invited to submit a proposal to become one of the ten StartUp Calgary Showcase companies to premier at the second annual StartUp Calgary Launch Party Dec. 1, 2011.

Bringing together the VC’s, angel investors, the A100, and the tech startup community in the city, Launch Party celebrates innovation and technology. The StartUp Calgary Showcase winners will be announced at the event and the top three pre-selected companies will present their pitch to the audience. Continue reading »

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Oct 17, 2011
Robert Chaplinsky

Toronto’s Wave Accounting nabs $5 million

Congrats to Wave Accounting Inc., which today announced the closing of its Series A financing round, led by Charles River Ventures (CRV), with the participation of OMERS Ventures.

The $5 million in financing allows Toronto-based Wave to continue developing its free online accounting software for small businesses and marketing it internationally, according to the company’s press release.

Toronto-based OMERS Ventures is the venture capital investment arm of OMERS, one of Canada’s largest pension funds with over $53 billion in net assets.

Charles River Ventures is one of the oldest and most successful early-stage venture capital firms in the U.S., with approximately $2.1 billion under management.

Read more about the funding round here.

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