Canadian startups have a new place to call home in the financial capital of North America, if not the world, thanks to a partnership between Communitech and U.S. law firm Phillips Lytle LLP.
Known as Communitech NYC, the new workspace is perched on the 23rd floor of the New York Times building at 620 Eighth Ave. in midtown Manhattan, where Phillips Lytle’s offices are housed.
The space officially opens with a launch party on Wednesday. It will then be open to Communitech members and startups affiliated with any of the 27 hubs of the Canadian Digital Media Network.
“International sales and investment are essential to driving growth for Canadian startups,” said Iain Klugman, CEO of Communitech. “Having a presence on the ground in New York City, as well as the connections and expertise of Phillips Lytle, will help companies take advantage of opportunities in the huge New York market, as well as find partnerships in New York’s growing tech sector.”
The new space marks a progression in the relationship between Communitech and Phillips Lytle, which has offices throughout New York State, in Washington, D.C. and, since 2011, at the Communitech Hub in Waterloo Region.
Among the firm’s specialties is providing legal advice and business counsel to early-stage Canadian tech companies looking to do business in the U.S.
“We have always been heavily involved in the startup space,” said Phillips Lytle Managing Partner David McNamara. “This is a natural progression for us to connect our New York City office and contacts to the Communitech Hub in the Waterloo Region.”
Companies interested in docking at Communitech NYC should contact their Communitech account manager or CDMN hub.
