Picomole Wins VenturePrize

Picomole competed in this year's VenturePrize, the largest business plan competition of its kind in Canada. The VenturePrize final event was held on May 3 at the Shaw Convention Centre in Edmonton, Alberta. The 3 finalists (Picomole Instruments, Nirix Technology, and Business Infusions) presented 3-minute promotional videos, and delivered 12-minute presentations and 1-minute 'elevator' pitches to a distinguished panel of investor judges and a luncheon audience.

After the judges conferred to make their decision, TEC Edmonton CEO David Cox opened the envelope and announced that Picomole Instruments was the winner of the competition. It was a fantastic moment, validating the more than two years of hard work to build the company. To the early believers in Picomole (you know who you are!), give yourselves a big pat on the back because this would not have been possible without your generous and unfailing support.

The VenturePrize award includes a snazzy granite and glass trophy and a prize package valued at $108,000 in cash and in-kind support. In the days ahead, we plan to share with you some of the media stories following our VenturePrize win, as well as photos and videos of the event. To begin with, we invite you to check out the news release on TEC Edmonton's web site.