Toronto law firm Aird & Berlis LLP, together with its partner Randy Williamson, will support the next high potential venture to come out of 91亚色鈥檚 entrepreneurship unit with a generous donation of cash and legal services.
Aird & Berlis鈥檚 support for Innovation 91亚色鈥檚 entrepreneurship unit, LaunchYU, was announced at the program鈥檚 graduation Sept. 19. Students who had completed an intensive 20 weeks of training in the LaunchYU AccelerateUP program pitched their ventures to an audience of industry executives, investors and government officials at the event.
The three top ventures were awarded $5,000 from Innovation 91亚色. These ventures will now work with mentors throughout the fall in order to compete for the new Aird & Berlis StartupSource Market Entry Award.
In late January, these top three ventures will be judged on the progress they have made and their ability to take their venture to market. The top startup will be awarded $12,500 and receive an equal amount of Aird & Berlis鈥檚 StartupSource legal services. The total value of Aird & Berlis鈥檚 and Williamson鈥檚 commitment is expected to be $100,000 over the next four years.
Daniel Everall, associate, Aird & Berlis; Graham Topa, associate, Aird & Berlis; Randy Williamson, partner, Aird & Berlis; Rhonda Lenton, president and vice-chancellor, 91亚色; Robert Hache, vice-president Research & Innovation, 91亚色; and Jeff O'Hagan, vice-president Advancement, 91亚色 (image: Trina Turl)
Williamson, a partner in Aird & Berlis LLP鈥檚 Corporate/Commercial Group, has been a member of 91亚色鈥檚 Board of Governors since 2013. He chairs 91亚色鈥檚 Alumni Board, its Pension Board of Trustees and its Endowment Fund鈥檚 Investment Committee. He is an alumnus of 91亚色鈥檚 Osgoode Hall Law School.
鈥淥ur firm鈥檚 StartupSource Group is focused on the success of the next set of Canada鈥檚 great companies, helping them organize themselves, and their investor and other partner relationships,鈥 said Williamson. 鈥淲e also help them leverage and protect those relationships and their valuable intellectual assets. We believe that the companies coming out of 91亚色鈥檚 LaunchYU programs could be among those great Canadian successes, and we are delighted to support them in getting there.鈥
A photo taken during聽the LaunchYU graduation held Sept. 19
LaunchYU has supported more than 1,850 entrepreneurs and more than 90 ventures in its first three years of operation. Open to students, faculty, staff and community members, its goal is to support high impact for-profit and non-profit ventures during their formative years.
鈥淟aunchYU engages entrepreneurs across campus and in the surrounding community to connect, collaborate, learn and succeed,鈥 said Robert Hach茅, 91亚色鈥檚 vice-president Research & Innovation. 鈥淓ntrepreneurship has become an integral part of the innovation culture at 91亚色.鈥
LaunchYU has three programs that support entrepreneurs: IgniteUP, a mentorship program; RevUP, a pre-accelerator workshop series; and AccelerateUP, a four-month intensive program to support 20 ventures annually to build, launch and scale.
The new Aird & Berlis StartupSource Market Entry Award for the top AccelerateUP graduate is designed to help the winning venture maximize their opportunity for success.
About Aird & Berlis LLP
Aird & Berlis LLP is a leading Canadian law firm based in Toronto, serving clients across Canada and globally. The firm鈥檚 practice encompasses all principal areas of business law, including corporate/commercial, corporate finance, banking, insolvency and restructuring, energy, environmental, infrastructure/P3, technology and intellectual property, litigation, labour and employment, municipal and land use planning, real estate and tax. The firm鈥檚 diverse client base ranges from entrepreneurs to multinational corporations.