Verafin was born in 2003 at the Genesis Centre, when founders Jamie King, Raymond Pretty and Brendan Brothers decided to take the technology they used to build robots for the mining industry and apply it in a new way to help fight financial crime. Since then, Verafin has grown to a staff of over 200 people, operates in over 1500 financial institutions, and has won countless awards as one of Atlantic Canada’s top employers. Today, Verafin is giving back to the next generation of great start-ups.
Twenty years ago today, the Genesis Group of Companies was founded as an arms-reach incubator of Memorial University and opened its offices for the first time in Spencer Hall. Since then Genesis has undergone a move to the Bruneau Centre across campus, a break-up of the group to focus on incubation, and has seen massive success from its graduate companies. At this point we can reflect on the early days of Genesis with fond memories, and look forward to what the next 20 years will hold.
The table was set for local entrepreneurs to cook up a storm of ideas as the 7th ever Pitch & Pick event concluded the Fall 2016 Evolution program on November 18th. Pitch & Pick, hosted again at the Fifth Ticket on Water St, gave the brilliant founders of the Evolution program the opportunity to educate a room full of industry personalities on the ins and outs of their innovative business idea.
As this year’s excellent Invest Atlantic event drew to a close yesterday, Newfoundland and Labrador had lots to be proud of.
Invest Atlantic first started in 2010 and is hosted each year in a different Atlantic Canadian city, this year taking place in Moncton, NB. The conference brings together over 300 startups, entrepreneurs, and investors, to listen to the best and brightest speakers and panels in Atlantic Canada.