Rick Segal: Canada is the best place on the planet to start a business

Posted by Rob Lewis

Great article in the Financial Post today by Karen Mazurkewich titled VC firms wake up to new tech deals which chronicles Rick Segal's transition from VC to mobile startup.

Rick Segal -- the entrepreneur -- has had a quick liftoff. Mr. Segal, who was with the BlackBerry Partners Fund until last July, kick-started his own technology startup, which he hopes to launch in a week.

The company, Fixmo, is really a package of six utility tools for the BlackBerry. Want your phone to automatically turn off when you enter a movie or meeting, and automatically turn on when it's over.

Fixmo's got a new application for that, as well as a new application that allows you to edit the original message when you reply or forward an email. Need to undelete an email? Fixmo's got that covered too. Whether the software takes off or not will quickly become apparent as soon as it becomes available to download off BlackBerry's App World site.

In the article Segal states that "Canada is the best place on the planet to start a business" and that the government programs available to entrepreneurs in Canada give us a competitive advantage. That's quite the vote of confidence.

In the case of Segal's startup up Fixmo, Toronto-based Extreme Venture Partners invested $250K of the $1.5 Million seed money rasied to date. Extreme Venture currently has 12 companies in its portfolio, including Bump Technologies and Assetize.

Company:
Extreme Venture Partners
Website:
http://www.extremevp.com
Location:
Toronto, Ontario, Canada

Extreme Venture Partners is focused on providing early stage venture capital. We recognize that sometimes all that is needed to propel a good idea into greatness is a small amount of funding and support from a seasoned team of technology and business alumnus. We bring together the agility and eagerness of an angel investor with the structure and support of venture capitalists. more

Company:
Fixmo
Website:
http://www.fixmo.com
Location:
Toronto, Ontario, Canada

Fixmo Inc. is the mobile risk management (MRM) company that helps organizations identify, mitigate and manage the risks associated with mobile devices in the workplace. The company’s MRM solutions enable protected and compliant mobile computing, helping organizations embrace a wide range of mobile devices and applications while maintaining system integrity, protecting confidential data and proving regulatory... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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