Cox & Palmer Celebrates with Innovocorp I-3 Technology Start-Up Competition Winners

February 9, 2012

Congratulations to DeNovaMed Inc., the provincial winner of Innovacorp’s I-3 Technology Start-Up Competition.

Innovacorp’s I-3 competition finds and supports early stage Nova Scotia knowledge-based companies and encourages entrepreneurial activity across the province. Cox & Palmer is a proud partner of this competition and would like to congratulate the 2011-2012 winners.

Winners are awarded cash, seed investment, and in-kind business-building services.

Zone 1 (Cumberland, Colchester, Pictou, Antigonish and Guysborough counties)
Water Drills International Inc., Jim Proudfoot and Lynn Christie, New Glasgow

Zone 2 (Lunenburg, Queens, Shelburne and Yarmouth counties)
Ventgrid Inc., Gord McPherson, Andre Veinotte and Anthony Smith, Chester

Zone 3 (Digby, Annapolis, Kings and Hants counties)
The Bait Savour, Vince Stuart, Meteghan Centre

Zone 5 (Victoria, Inverness and Richmond counties, and Cape Breton Regional Municipality)
J&K Scientific Inc., Krishnat Naikwadi, Edwardsville, Cape Breton Regional Municipality

DeNovaMed Inc. originates from Zone 4, Halifax Regional Municipality. Its founders, Christopher McMaster, Donald Weaver and David Byers used computer-aided drug design to develop a new class of compounds with the potential to treat infections caused by drug-resistant bacteria, or superbugs. In the next 12-18 months, the company plans to evaluate its best compounds in animal models of infection, with an ultimate goal of bringing to market a truly new antibiotic.

Patrick Fitzgerald, Chair the Corporate and Commercial Law Group of Cox & Palmer’s Halifax office, congratulates all winners and encourages entrepreneurs to continue to grow and develop in our region. “This competition is an impressive showcase of the innovation, diversity, talent and dedication of Nova Scotian technology entrepreneurs. Our team looks forward to the continued innovation and growth of these companies and Cox & Palmer is eager to assist in helping them achieve success.”

Click to learn more about the Innovacorp’s I-3 Technology Start-Up Competition.