PDC Announces First Cohort of Entrepreneurs

October 11, 2013 | by: Heather Boyd-Kinnie

PDC is pleased to announce our first cohort of entrepreneurs includes technology, health care, consumer goods and social enterprise companies.

Press Release: Fredericton, October 10

The Pond-Deshpande Centre at the University of New Brunswick today announced the first cohort of entrepreneurs it is supporting with mentoring, funding and other services.  The Pond-Deshpande Centre’s mission is to accelerate the creation of sustainable, scalable businesses based in New Brunswick that have significant social and economic impact.

The Pond-Deshpande’s ties to the Deshpande Foundation give New Brunswick entrepreneurs access to a global network that includes the Massachusetts Institute of Technology’s Deshpande Center for Innovation and Technology, the Merrimack Valley Sandbox and the Deshpande Foundation Sandbox in Hubli, India.

“We’ve seen a tremendous burst of entrepreneurial activity since we launched the Centre one year ago,” said Karina LeBlanc, Executive Director of the Pond-Deshpande Centre. “More and more, entrepreneurs recognize that they can build large, profitable businesses based here in New Brunswick. Many of these entrepreneurs are starting businesses that have a positive social impact. They are doing well and doing good.”

Companies that the Pond-Deshpande Centre are supporting include:

Resson Technologies  – a technology company focused on aerial surveillance using blimp and infrared camera technology.  Its products have applications in the defense, agriculture and security sectors, among others.

CE d’ICI – a social business that transformed food service at three schools in the Greater Fredericton Area by transitioning from third-party catering to an in-house chef using locally sourced and organic food.

Aboriginal Millennium Health Products – a company leveraging traditional aboriginal knowledge of local plant life to develop primary health care products.  The company is working with researchers at UNB and UdeM to explore and validate the science behind the aboriginal knowledge.

Wicked Ideas – a civil media company that offers a platform to bring together original journalism with public knowledge to enable a facilitated conversation about public issues.

Black Magic – a company that produces an alternative to industrial hand cleaners that cleans better than any current product in the market, smells good, softens hands and is completely natural.

Arbre de Connaissances – a company developing an alternative model for searching the Internet.

Eigen Innovations – a company developing intelligent control software for industrial automation to improve efficiency in operations.

HotSpot Parking– a company developing a platform to allow consumers to pay for parking with smart phones as well as communicate with local vendors, be lured into stores with free parking and/or deals and eventually collect detailed consumer behavior data. HotSpot Parking is currently operating in the City of Fredericton.

The Real Food Centre – comprised of a versatile, medium scale processing kitchen combined with centralized, shared storage that concentrates on value added food production, NB Agriculture market development, skills development for at risk persons, supplying Real Food to key poverty groups and aggregation point for NB whole foods under a “for charge” leased storage arrangement with producers.

Gratitude Works – a horse therapy program for a number of diverse audiences leveraging the wisdom of horses to teach leadership, confidence, and entrepreneurialism, among other things.

Hyton Innovations: a clean tech company working on bringing more energy efficient solutions in waste water treatment to large industrial clients across a multitude of industries thus reducing the cost of treating waste and improving the quality of water returning into our waterways.

Place Aux Competences – a non-profit spinoff of District scolaire francohone Sud providing funding and training to help teachers deliver curriculum involving the experience of entrepreneurship.  The program has 80 schools participating this year.

Mycodev – a company that produces chitosan, a natural biopolymer used in medicine that is biodegradable, biocompatible, non-toxic, antimicrobial and has low immunogenicity.

“These companies show the wide range of entrepreneurs operating throughout New Brunswick,” said LeBlanc. “We look forward to watching them grow and bring new opportunities to our province and the world.”

About the Pond-Deshpande Centre

The Pond-Deshpande Centre at the University of New Brunswick acts as a catalyst to grow and support a stronger culture of innovation and entrepreneurship in the province of New Brunswick. It was founded through the support of Gururaj “Desh” Deshpande, President and Chairman of Sparta Group LLC, Jaishree Deshpande, Treasurer of Sparta Group LLC, and a founder of the Deshpande Foundation, and Gerry Pond, Chairman of Mariner Partners and CEO of East Valley Ventures. For more information, visit www.ponddeshpande.ca

For more information:

Karina Leblanc

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