The Culture of Innovation
We have often said that a start-up renaissance is taking place in St. John’s.
In the last year Genesis has seen a significant interest in entrepreneurship. Enquiries – people who have reached out to Genesis regarding their business ideas – have been numbered at 400. A far cry from a few years back when there were but 20 enquiries in a given year.
This is welcome news as Genesis endeavors to “help build amazing companies”. To achieve such a lofty mission, we aspire to imbue three organizational values – quality, community and support – in everything we do. Three values best personified by Atlantic Canadian law firm, Cox and Palmer.
We are excited to announce that Genesis and Cox & Palmer have entered into a partnership with the shared vision of empowering tech startups to achieve their full potential.
This partnership enables Cox & Palmer to offer Genesis start-ups complimentary legal consultation in the areas which arise most frequently in start-up enterprises. We’ve always taken pride in surrounding our entrepreneurs with the best minds in the country; connecting our start-ups with the Cox and Palmer’s ALT (start-up) practice group enables us to continue such an estimable practice. We’re excited to have experienced lawyers, from one of Atlantic Canada’s top ranked law firms, present in our space.
Genesis CEO, Michelle Simms, has been instrumental in forging this partnership with Cox and Palmer. “We’re delighted to start this journey with Cox and Palmer. Our shared passion for empowering entrepreneurship in Newfoundland & Labrador has brought us together to better serve Genesis start-ups. Cox and Palmer embodies excellence in their craft and we can’t wait to see the entrepreneurial community grow through this partnership”, Ms. Simms stated.
Such a partnership also enables us to broaden the Genesis community. Cox and Palmer has been an active proponent of innovation in the Atlantic Canadian region, supporting aspiring technology start-ups, while also supporting industry partners such as Volta based in Nova Scotia and PropelICT based in New Brunswick. Whether it be lunch and learn legal sessions or a startup pitch event, this Cox and Palmer partnership will open the door for collaborative programming and opportunities to grow one’s social capital in Newfoundland and Labrador.
The Start-ups practice group at Cox & Palmer is led by Griff Roberts, a partner in the firm’s St. John’s office. “At Cox & Palmer, we believe that an entrepreneur with a great idea, vision, and motivation can change the world, and Genesis companies are doing just that. We look forward to continue working with the next generation of Newfoundland and Labrador businesses as they build solid foundations to compete on the local, national and international stages”, commented Mr. Roberts.
With a proven track record, Genesis has supported companies in creating more than 1200 jobs, secure $95M in private investments and help companies generate annual revenues exceeding $150M. Through this partnership, both Genesis and Cox & Palmer will reinforce their commitment to high-quality service for start-ups in an effort to help advance their future growth and development. Such a partnership comes at a fortuitous time when the Newfoundland spirit of entrepreneurship is going through an enlivened revival and the culture of innovation has arisen.