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Empowering Newfoundland and Labrador's Tech Startups to Reach New Heights

BY GENESIS

G enesis is a prominent innovation hub located in Newfoundland and Labrador. The organization is well-known for its flagship incubator program, Enter- prise, which started 25 years ago. Since then, Genesis has expanded its programming to cater to startups from ideation to scaling their businesses. The primary objec- tive of Genesis is to promote economic wealth in the province by developing and supporting technology en- trepreneurs.

encourages creativity and continuous learning, and it is where local startups have set up their businesses. It serves as a hub for knowledge sharing and best prac- tices. Since its establishment, Genesis companies have generated $250 million in annual recurring revenues, raised $680 million in private capital, and created over 2,500 jobs.

Keep reading at www.nacocanada.com/spotlights

Genesis offers an open and collaborative space on Sig- nal Hill, located above the city of St. John's. The space

2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA

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