Life Sciences Queensland and Australia’s leading independent law firm, Corrs Chambers Westgarth, come together to continue their support of start-ups with the announcement of a partnership between their LS Catalyst Program and CorrsEdge initiative.
Corrs designed CorrsEdge to meet the specific legal needs of the startup community. It is a specialist service that provides start-ups and SMEs with access to a wide range of smart legal documents and contracts, helping manage their legal needs across the entire business lifecycle. Through its CorrsEdge initiative, Corrs is actively exploring opportunities to help support universities, incubators and accelerators across Australia.
The LS Catalyst Program provides start-ups and SMEs in the life sciences sector with opportunities at all stages of the innovation spectrum and aims to create a unique roadmap with a customised solution for each new idea. The program is funded by the Government’s Advance Queensland initiative and is open to regional and south-east Queensland start-ups and SMEs in the life sciences sectors.
“This is an innovative partnership with Australia’s leading independent law firm. It provides LS Catalyst Program participants with the ability to quickly access quality legal documents to document transactions, better manage risk and become better prepared for due diligence by investors,” said Dr Nagaraj Gopisetty, Deputy CEO of Life Sciences Queensland.
“We looked closely at the LS Catalyst Program and could quickly see that that, like CorrsEdge, it is quite unique in the market. We could also see that there was a great opportunity for Corrs to collaborate with the LS Catalyst Program and its enthusiastic group of life sciences start-ups and SMEs, helping them along their growth journey by providing access to a range of smart legal documents,” said Corrs Brisbane partner-in-charge, Helen Clarke.
“CorrsEdge will provide these businesses with access to high quality legal documents and intelligent automation that will help them commercialise their innovations and give them an edge in securing funding and investment,” said Corrs Special Counsel, James Cameron.
As a result of this partnership new training and education relevant to startup legal landscapes will be delivered, creating more confident entrepreneurs and positioning startups strongly when entering into new business transactions and seeking investments.