TORONTO, Feb. 28, 2017 /CNW/ - PCK is proud to announce that it will be supporting the 2017 University of Waterloo Velocity Fund Finals by providing a prize of $5,000 in intellectual property (IP) legal services to each of the four startup winners, in each of the three competitions this year, which amounts to a $60,000 annual contribution to the Velocity and Waterloo startup ecosystems.
"We believe strongly in supporting Canadian startups and our future technology and business leaders," stated Andrew Currier, CEO, PCK. "In Ontario, young entrepreneurs are increasingly realizing the benefits of creating their own jobs and, by learning about IP alongside our agents and lawyers, they will have a better understanding of how to develop their businesses and enter high-growth markets." In addition to the prize contribution, PCK will continue to mentor and guide new ventures through patent, trademark and other IP counsel at its weekly on-site free clinic.
"PCK is an excellent fit for Velocity companies. This additional prize builds on the success that many companies have already had in working with the PCK team," said Jay Shah, Director, Velocity. "We're seeing more and more Velocity companies with roots in deeper and more research-intensive innovations, so IP protection is naturally becoming a very important consideration for these startups."
PCK is a cross-border boutique IP firm with offices in Toronto, Waterloo, and Washington DC. We are backed by a skilled team of Canadian and American Patent and Trademark Professionals, as well as "Otto," an artificial intelligence robot that handles many day-to-day administrative tasks for our IP portfolios. PCK is a proud supporter of innovators, assisting clients along the growth curve from startup to Small and Medium Enterprises to large corporations.
PCK: As Innovative as You Are.TM
Velocity is a leading entrepreneurship program at the University of Waterloo and the largest free startup incubator in the world. From idea to product development to commercialization, Velocity provides the knowledge, tools, space and network that startups and entrepreneurs need for success. The Velocity program includes a student dorm, workspaces in the Waterloo region, events, mentor programs, and more. The Velocity Fund is a grant program for startups that offers $375,000 in equity-free funding each year to local startups through its Velocity Fund $25K and Velocity Fund $5K programs at the University of Waterloo. Ten tech startups will pitch their ideas for the chance to win one of four $25,000 prizes, while the top hardware or science company will win an additional $10,000.
For further information: Wendy Low, Perry + Currier Inc. | Currier + Kao LLP, 1300 Yonge Street, Suite 500, Toronto, Ontario, M4T 1X3, Canada, T: +1 (416) 920-8170 ext 136, F: +1 (416) 920-1350, E: [email protected], W: www.pckip.com