News – Emerging and Growth Companies Practice
4 September 2014
Ghent – September 3, 2014. Cresco I Business Law Firm, will be providing legal support to start-ups that participate in the iStart incubation program of iMinds, the digital research center of Flanders (Belgium). The objective is to ensure the start-ups are well prepared for the future, creating awareness for certain sensitivities and potential pitfalls.
iMinds’ iStart incubation program has recently been selected by the Swedish UBI Index as one of the top-25 University Business Incubators worldwide. Each year, iStart supports 20 to 25 start-ups.
Cresco Offers Free Workshops and One-on-One Coaching
To prepare these Flemish start-ups even more thoroughly for (international) growth and to provide them with a solid foundation, Cresco will be organizing workshops and one-on-one coaching sessions free of charge as part of iStart. They will also make certain standard contract templates available. Start-ups can thus learn even sooner which business and legal considerations (such as attracting partners or securing additional financing) are highly relevant.
Making Starters Aware of Sensitivities and Potential Pitfalls
David Dessers, managing partner at Cresco, explains why the firm is investing in this structural partnership: “At Cresco, we are passionate about entrepreneurship and contributing to entrepreneurial growth. We are intimately aware that Cresco and its lawyers form an integral part of the business and investment community and strongly believe in our duty to contribute to the future and success of such community well beyond our client services. We are thrilled to team up with iMinds - one of the leading business incubators – and their digital start-ups through our Cresco Academy. We firmly believe that iMinds and its partners will provide these start-ups with the necessary knowledge, knowhow, insights and network to exponentially grow their activities, thus contributing to overall economic growth.”
Sven De Cleyn, incubation programs manager at iMinds, outlines the importance of this partnership: “This collaboration agreement not only extends our existing offering towards start-ups and entrepreneurs; in addition, Cresco - a law firm specialized in entrepreneurship - is able to provide starters with a solid legal foundation in a very early stage. As such, our start-ups are increasingly prepared for the future, making them aware of a number of sensitivities and potential pitfalls.”
Reinforcing the iStart Offering
This structural partnership with Cresco fits iMinds’ strategy to reinforce its iStart offering for start-ups and entrepreneurs. It complements previous collaboration agreements with Microsoft (who offers start-ups 3 years of free software through its BizSpark program) and Telenet (providing iMinds start-ups with one year of free connectivity).
iMinds – the digital research center of Flanders, Belgium – combines the strength of its 850+ researchers at five Flemish universities to conduct strategic and applied research in areas such as ICT, Media and Health. Together with its research partners (companies, governments and non-profit organizations), iMinds translates digital know-how into concrete products and services. In addition, iMinds supports researchers, young entrepreneurs and start-ups in the successful market introduction of their ideas. More information: www.iminds.be (Twitter: @iMinds)
Sven De Cleyn, iMinds Incubation Programs Manager
firstname.lastname@example.org +32 474 29 76 94
Wim Van Daele, iMinds Media Relations
email@example.com +32 9 331 48 23
Cresco is a renowned business law firm serving the business and legal needs of entrepreneurs, start-ups and established companies and investors. Cresco’s lawyers combine years of international legal experience with business expertise acquired through extensive in-house experience at leading companies active in a broad range of sectors and industries. Cresco provides innovative legal services to its clients' advisory, operational, litigation and transactional needs, helping to solve fundamental business issues. Cresco has market-leading capabilities and thorough experience in private equity and venture capital, emerging and growth companies, general corporate law, mergers and acquisitions, intellectual property, technology and innovation counseling, entrepreneur and executive guidance, complex commercial agreements, real estate and dispute resolution, as well as in a large variety of operational legal, contractual and strategic matters. More information: www.crescolaw.com
David Dessers, Managing Partner Cresco
firstname.lastname@example.org +32 496 58 98 33
Cresco Advocaten CVBA, Lange Kievitstraat 118-120, 2018
Antwerp, Belgium +32 3 206 75 10