The black hole of increased funding for scientific research

Increasing investment in science is fine, but rarely does the investment seem to lead to an improvement in the lives of Canadians

The black hole of increased funding for scientific researchIn the recently released 2018 budget, I was pleased to see that the Liberal government has chosen to invest heavily in discovery-based research. According to Finance Minister Bill Morneau, this is the single largest investment in investigator-led fundamental research in Canadian history. This move is welcomed by universities because science was starved by the previous…

One big asteroid could ruin the mining industry

The space race is on and the payoff is an untold cache of precious metals, large enough to completely dwarf the world's biggest mining companies

One big asteroid could ruin the mining industryWhile not literally pie in the sky, asteroid mining used to be science fiction. It's getting closer to reality. Various private space companies have focused on launching satellites, with hazy side-bets on future colonization ventures. And now, technological advances make mining asteroids a legitimate prospect. There are millions of asteroids in space, many orbiting between…

There is only one way to meet a venture capitalist

If you can't make your pitch within 10 minutes, however, you're not ready

There is only one way to meet a venture capitalistHow you approach a venture capitalist (VC) can be the difference between receiving a quick glance or gaining direct attention. It can be very tempting to cold call venture capital web search results or chase down a harried VC at an entrepreneur event. While those attempts may work, it's a low probability tactic and just…

Canada’s new superclusters could just be black holes

The government thinks that if industry doesn’t see fit to use its own money to stimulate innovation, perhaps taxpayer money should be the fire starter

Canada’s new superclusters could just be black holesCan Canadian industry lead the Liberal government’s latest innovation idea? I have mixed feelings about the new Innovation Superclusters recently announced by the federal government. While I support more taxpayer money supporting research, I’m not convinced that Canadian industry has the innovation chops to lead Canada out of our doldrums. True to their innovation mandate,…

Beware the botnet, the 21st century’s horror story

The Internet of things has made us all vulnerable to the malicious work of web warriors, who are intent on upending the computer-controlled world

Beware the botnet, the 21st century’s horror storyBy Brennen Schmidt ALEUS Technology Group and Allan Bonner Troy Media columnist In old TV comedies, soap bubbles from the washing machine rise up the basement stairs and fill the living room, or the oven keeps baking until the cake occupies the whole kitchen. This was funny before the Internet of things (IoT) meant that…

Building a passion for STEM studies among women and girls

Only 20 per cent of Canada’s post-secondary science, technology, engineering and mathematics students are female. That must change. Here's how to start

Building a passion for STEM studies among women and girlsBy Sen. Art Eggleton and Sen. Raymonde Saint-Germain We recently celebrated International Day of Women and Girls in Science – and there’s much to celebrate. But there’s much work to be done, as well. It’s a day to celebrate just how far we’ve come since Elsie MacGill, aircraft designer and Canada’s first female engineer, was…

How to put a value on your technology startup

Attributing value is a source of countless rolled eyes, smacked foreheads, arguments and sometimes outright failure

How to put a value on your technology startupWhen a new company is launched, the odds are stacked heavily against the entrepreneur. It is stacked especially high against the tech entrepreneur. University of Tennessee Research tells us that more than half of all new businesses fail by the end of year four but only 37 per cent of technology businesses remain operable by…

Putting the potential of Alberta’s biomass on the map

Part 5 of a 10-part series: The new online app BRIMS identifies bio-resource locations that can benefit nature, people and business

Putting the potential of Alberta’s biomass on the mapWhen developing natural resources, one of the first things you want to look at is a map that shows deposits of oil or gold. The same goes for developing Alberta’s bio-resources. As an investor or entrepreneur, where will you find plentiful supplies of straw, wood fibre or sludge to support your green business venture? The…

Friends rarely make the best business partners

Keeping things simple just might help keep you from getting burned

Friends rarely make the best business partnersA big part of entrepreneurship is choosing your partners. Over the life of the venture you will likely spend a great deal more of your waking hours with your business partners than you will with your spouse, or any significant other who cares to hang about in a non-paid capacity for that matter. A lot…

All venture capitalists are not created equal

Some entrepreneurs who complain about their venture capitalists remind me of that guy who gets mad after buying a car without first performing his due diligence

All venture capitalists are not created equalMost times, raising capital is a tough haul. Endless pitching, grueling due diligence and an enormous commitment of time and money is usually required. But once in a while there is a company that rises up and grabs the attention and the imagination of a swarm of venture capitalists (VCs) in a relatively short period…