Rick Segal is one of the co-founders of Fixmo Tools, an app company that packages a bunch of utilities to help improve your BlackBerry. The apps do a variety of things such as change your profiles based on your Calendar events, edit your emails before they’re sent, manage your memory, track your battery power and more.
According to Segal, “Canada is the best place on the planet to start a business,” as government programs available to entrepreneurs in Canada are amazing, and give a competitive advantage. One such program is scientific research and development credits, which can go along way to cutting costs on developing new technologies. I’m not sure if Fixmo Tools qualifies for these credits, but with the right guy behind the proposal, you could probably fit anything into that program.
Apparently starting a BlackBerry software company isn’t too expensive. “The initial outlay of costs to get a thesis proven has come down tremendously,” says Amar Varma, managing partner at Toronto based Extreme Venture Partners, which invested $250,000 of the $1.5-million seed money Mr. Segal raised for Fixmo. Other investors include Jeff Grammer of Rho Canada, who recently put $1-million into Fixmo.