From the Momentum Law offices at 555 Legget Dr., founder Megan Cornell has a great view of the technology firms in the research park. Joining Techopia Live on Wednesday, she told OBJ and Techopia publisher Michael Curran about the exciting level of activity that she’s seeing on a daily basis.
“We get to see the momentum in the park – you’d be amazed how often you can work that word into the conversation,” she said with a laugh.
Though she’s been practising law for businesses in the city for 20 years, Cornell believes there’s been a renewed energy in the tech park these past five years. She attributes that to an influx of startups in diverse industries that are determined to grow to the level of KRP’s anchor tenants.
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The park’s emerging specialty in sectors such as autonomous vehicles has driven a new demand for talent, Cornell said. Adding to that need are non-tech firms moving in to the area – look no further than cannabis company Tweed’s sign newly affixed to the KRP building.
“Not more than a week goes by where you don’t see a company out here really aggressively recruiting,” Cornell said.
That means busy days at Momentum, where the need for speed has never been greater. As firms attempt to scale globally, financing rounds are closing more quickly, which puts added pressure on legal services to maintain accuracy without slowing down the companies’, well, momentum.
Cornell doesn’t see the Kanata North buzz stopping in the coming years. She expects existing companies to move up and larger firms to set up shop as the tech park’s reputation continues to to grow.
“There’s not that much vacant land, but I think there’s going to be even less,” she said. “There’s no slowing Kanata North down.”
To watch the full interview with Momentum Law’s Megan Cornell, watch the video above.