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Innovators: Genesis Centre
Suite 3003, Bruneau Centre for Research and Innovation
Memorial University of Newfoundland - 230 Elizabeth Avenue,
St. John's, NL A1C 5S7
Michelle Simms, Vice President, Programs & Operations
The Genesis Centre is Memorial University’s business incubator for technology-based ventures with high-growth potential. It is one of the top ranked incubators in Canada and was named Canadian Incubator of the Year in 2011. The Genesis Centre connects entrepreneurs with marketing, finance, expert mentorship, office space and management resources, along all stages of development to help them succeed.
Admission to the Genesis Centre is competitive and focuses on entrepreneurs who are pursuing technology-based businesses with high growth potential. The Centre is not just for students. It’s a vibrant community of entrepreneurs who have demonstrated that they can drive a venture in its early stages. Admission to the Genesis Centre is based on an assessment of the entrepreneur, the technology, and the growth potential of the proposed venture.
Since the Genesis Centre was founded in 1997, it has helped over 60 start-ups raise over $85 million in private equity. Genesis alumni are among some of the top companies in Canada including, Verafin, Rutter Technologies, Avalon Microelectronics (acquired by Altera), Solace Power, EMSAT, ClearRisk, Genoa Design and Virtual Marine Technology.