GrowLab Participants Learn the Legal Ins and Outs of Startups

Our very own Mike Dunleavy was in Vancouver this past Wednesday hosting a workshop for the current GrowLab cohort. This informal session – which took place over beer and Thai food – highlighted some of the legal issues that high tech startups may encounter. Topics ranged from stock restrictions to tax planning to voting trust issues. It also allowed the cohort participants to ask any questions they had regarding business law.

GrowLab is a startup incubator for companies looking to quickly grow their consumer internet, social gaming, mobile or cloud based businesses. Typical accelerator programs accept five teams and run for 12 weeks. The entrepreneurs who are selected to participate are provided with financing (typically $25k), a workspace, and access to a network of mentors.

“We got involved because we knew there were tons of great ideas out there that needed a platform such as GrowLab in order to be developed” said Dunleavy. “What these teams are doing in such a short time is an amazing accomplishment and we’re happy to provide the legal mentorship that they need.”

The Spring 2012 cohort is the follow up to the inaugural program that ran in the fall of 2011. This round includes an impressive selection of teams including: Cinecoup, BlueBat, Food.ee, Skyscrpr and Wantering. This cohort runs from May 22 until August 21.

For more on this event, visit the GrowLab blog.