Venn Innovation, the Moncton-based tech support organization, issued the following press release this week:
Venn Vision and Programs Launched
For immediate release:
Moncton, New Brunswick (May 20, 2014) – Today, Venn Innovation Inc., formerly Tech South East, announced its new name and refined program offering. As New Brunswick’s innovative ecosystem evolves at a rapid pace, so must the organizations that operate within it. Within this innovative ecosystem, Venn will help tech companies grow and succeed.
“We are very proud of our record of success over the past four years,” said Venn President and CEO Doug Robertson, “and more importantly, of the growth and dynamism of the excellent companies and individuals we work with.” In conjunction with the rebranding, the company undertook extensive consultations with members and stakeholders across the province. “The evolution of the innovation ecosystem in the province, including the role played by many organizations in helping companies at various stages of growth, made it essential we position Venn to deliver unique, high value programs for the companies”, added Robertson. “Our consultations provided solid feedback on the services our member companies value most and ways for us to enhance the value we can deliver to them.”
Venn: Empowering Innovation
Whether a company in New Brunswick is in the early stages of growth, working to strengthen and diversify its markets, or scale operations to the next level, Venn has a refined service and program offering designed to assist. Particular focus will be placed on businesses in early stages of growth, as well as those companies working to strengthen and diversify their markets, or scaling operations to the next level. Priority is being placed on the early stage of business development through career preparation of our youth and developing young entrepreneurs. As well, the priority will be on those companies that are growing their business, be it by expanding their markets, getting export ready or increasing production. Through its extensive network of regional, national and international partners, Venn will provide its members with access to strategic connections and collaborations needed to empower innovation and support their growth. “Today’s launch of the Venn brand is an important first step”, said Venn Chairman Paul Gunn. “In the coming weeks the company will start to introduce its new programs and in June will open the new innovation centre.”
Speaking on behalf of the provincial government, Economic Development Minister Bruce Fitch said “The government’s innovation agenda will help prepare today’s youth for careers in the innovative economy right here at home in New Brunswick. We are working with strong partners like Venn to support the development of our priority sectors and the growth of competitive, export-oriented technology-based companies.” He added “On behalf of Premier Alward and the government, I want to congratulate the whole team at Venn on this exciting announcement.”
Contacts / Information:
Douglas Robertson
President & CEO
T 506 857 3074
Background
Tech South East, an innovation intermediary supporting the growth and development of technology-based companies, was formed in 2010. Based on four years of operation and a consultative process, it has rebranded and will operate under the name Venn Innovation Inc. effective immediately. The move signals an important step as the company strengthens its role and mandate within the emerging innovation ecosystem in New Brunswick. Since its founding, the company has grown to represent over 100 member companies and partner organizations, and its programs and activities have offered more than 300 touch points for companies and entrepreneurs.
Venn offers services to tech companies in sectors such as ICT, bio and life sciences, and clean energy. It will provide companies across New Brunswick with access to quality professional development programming, world class mentoring and advisory services, talent and capital, and connections.
Kickstarting Talent
For a business to grow and succeed, they need access to the right talent. Venn works to better connect our youth with career opportunities and help foster a new generation of tech entrepreneurs.
Scaling Innovation
Companies work tirelessly to validate their ideas, understand their customers, and develop their products. Venn helps them access great information, experience, and resources to enter new markets and grow their business.
Powered by Networks
As a company enters new markets, it needs to expand its reach and access an ever-broader pool of resources and contacts. Venn’s network of regional, national and international partners provides them with the strategic connections and collaborations to bring their company to the next level.
