New Ventures BC Round 4 Finalists

Congratulations to the top-10 round 4 finalists for New Ventures BC:

1. Charge It! Payment Systems — This Victoria company has developed a suite of faster, ultra-reliable and affordable data-encryption products certified to meet international Payment Card Industry (PCI) compliance standards.
2. Echoflex Solutions — Echoflex Solutions has developed products and solutions using wireless, self-powered (no batteries, ever!) switches and sensors.
3. GR Building Materials — GR Building Materials Inc. has developed a proprietary process for producing ‘green,’ carbon positive, roofing and siding materials that don’t crack when nailed, look remarkably like real cedar and slate, are fire-proof, impact-resistant and cost a fraction of the real thing.
4. Primisyn — Primisyn’s new Simplus software for financial institutions takes the guesswork and the risk out of product, loan and mortgage pricing.
5. Pure Lignin Environmental Technology — Kelowna-based Pure Lignin Environmental Technology has patented a simple, efficient process for turning waste vegetation, such as beetle-killed pine trees and sugar cane waste, into three profitable products: pure lignin (used in many industries, including bio-degradable plastics), commercial cellulose and carbons for bio-fuels and protein.
6. Saltworks Technologies — Saltworks Technologies Inc. has developed a patent-pending solar process for desalination that offers significant electrical energy savings.
7. Singular Software — Video professionals who currently spend hours and days setting up to edit video footage shot with multiple cameras can now do it instantly using Singular Software’s new synchronization plug-in for commercially available editing programs.
8. Small Energy Group — Small Energy Group’s Energy Management Software communicates with a large number of building automation and metering systems to collect, archive, analyze and communicate energy information.
9. SoundofMotion Technologies Inc. — Cyclists who load SoundofMotion’s VeloComputer software onto their cell phone, coupled with a wireless sensor attached to their bicycle wheel, can transform their cell phone into an advanced cycling computer.
10. TeraTek — TeraTek is developing new imaging technology that uses Teraherz (THz) frequencies in the electromagnetic spectrum to see through non-conductive objects.

AdHack was a competitor for the first 3 rounds of the competition. Unfortunately, we weren’t selected for round 4.

But we did get some great value from the experience. I’m thankful for going through the exercise and feel the competition was valuable for AdHack. It helped us hone our skills and we got to meet some great people.

In particular, I’d recommend the competition for:

• The entrepreneur seminars delivered by business leaders (videos of the seminars)
• The chance to get paired with some outstanding mentors. Meeting my third-round mentors, Justine Bizzocchi and Tony Wanless was a great experience.
• The opportunity to deliver your pitch and get feedback. Presenting AdHack to a strong room of experienced entrepreneurs and getting their feedback on the mentor panels helped me a lot.

The big winner is announced September 25, 2008. Good luck to all the competitors!

Tags:
Charge It! Payment Systems, Echoflex Solutions, GR Building Materials, Justine Bizzocchi, New Ventures BC, Primisyn, Pure Lignin Environmental Technology, Saltworks Technologies, Singular Software, Small Energy Group, SoundofMotion Technologies, TeraTek, Tony Wanless

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