National law firm Polsinelli announced it has renewed and expanded its commitment to the entrepreneurial community in the St. Louis region by signing a four-year sponsorship agreement with the Skandalaris Center for Entrepreneurial Studies at Washington University in St. Louis. The agreement, which begins in 2014 and runs through 2018, is valued at $140,000 and includes both cash and in-kind support. Polsinelli has supported the Skandalaris Center for more than a decade.
“This commitment is simply the latest chapter in Polsinelli’s long history of supporting the programming of the Skandalaris Center and the firm’s unrivaled backing of the entrepreneurial community in the St. Louis region,” Ken Harrington, managing director of the Skandalaris Center said. “The business acumen and strategic knowledge our participants will gain from Polsinelli’s participation is immeasurable. It will certainly be a key asset in helping these entrepreneurs cultivate their ventures from ideas into flourishing companies.”
As part of the agreement, Polsinelli will be recognized as the exclusive top tier legal industry sponsor and one of three top tier sponsors of the Olin Cup and YouthBridge Social Enterprise and Innovation Competition (SEIC), the Skandalaris Skills Series and IdeaBounce events, and Coffee with the Experts. In addition, the firm will provide in-kind legal services to Olin Cup and SEIC competition participants.
“Our firm realizes the tremendous value of supporting the Skandalaris Center and the vital role it plays within the St. Louis region,” Randy Gerber, managing director of the St. Louis office of Polsinelli said. “Entrepreneurial ventures, in particular technology companies, are critical to the future success and prosperity of community.”
Founded in 2003, the Skandalaris Center is Washington University’s hub for entrepreneurial activity. Besides its curriculum, Skandalaris also runs two business plan competitions, the Olin Cup and the YouthBridge Social Enterprise and Innovation Competition. Other activities include an internship program, frequent IdeaBounce workshops and a fellowship program. Polsinelli has sponsored the Olin Cup business plan competition for more than a decade. The competition began at Washington University in St. Louis in 1988 and is now recognized as one of the finest entrepreneurship competitions in the country.
“This sponsorship is reflective of our attorneys’ commitment to the helping entrepreneurs develop the next generation of technology businesses in St. Louis,” Christopher C. Swenson, shareholder at Polsinelli said. “We look forward to welcoming Emre Toker, the new managing director at Skandarlaris Center, and working with his team on cultivating innovative technology companies in the region for many years to come.”
The sponsorship is just one example of the strong and on-going support Polsinelli provides to develop and cultivate the entrepreneurial communities in the cities where the firm has offices. In St. Louis, the firm also supports the Discovery Competition at Washington University, Arch Grants, the Olin Cup Competition, the Information Technology Entrepreneur Network (ITEN), Capital Innovators, The Center for Emerging Technologies, SixThirty Fin Tech Accelerator, and the SLU Center for Entrepreneurs.
As a national law firm, the multidisciplinary attorneys of Polsinelli are at the forefront of delivering the entire spectrum of the legal services for entrepreneurs throughout the United States. On the path to success, Polsinelli helps entrepreneurial clients form, structure, organize, manage and find funding for their businesses.
In addition, Polsinelli attorneys provide advice concerning choice of entity, ownership structure, private equity financings, venture capital transactions, merger and acquisitions, and management buyouts. They also assist with the identification of opportunities, development and protection of intellectual property assets, compliance with and navigation of complex industry and government regulations, and the fight to protect a business’ interests.
As a result of the firm’s experience, passion and focus, Polsinelli has represented the fastest-growing companies in the United States, in a variety of industries including Internet security, telecommunications, financial services, e-commerce, social media firms, software, biotechnology, and pioneers in the fields of alternative and clean energy.