Innovacorp Acquires Top Talent

Innovacorp today announced the appointment of Jennifer Robichaud as the corporation’s new director of corporate resource development, bringing with her over 13 years of regional and global human resources management experience.

Having held human resources management roles with BMO Financial Group, Flagstone Reinsurance, and ExxonMobil Canada, Ms. Robichaud has gained highly relevant organizational development experience within high growth small, medium and larger organizations.

"Jennifer’s energy and experience will bring significant value to both Innovacorp and our client companies,” said Dan MacDonald, president and CEO of Innovacorp. “We are thrilled to have her join our team."

As the director of corporate resource development, Ms. Robichaud will focus on human resources management, and facilitate annual business planning activities and corporate governance. Further, as part of Innovacorp's start-up business mentoring offering, Ms. Robichaud will extend both tactical and strategic human resources management advice to client companies.

“I am excited about the compelling opportunities that await me at Innovacorp,” said Ms. Robichaud. “Innovacorp provides key business building services to early stage companies and I look forward to being part of the organization that helps Nova Scotia knowledge- based companies succeed.”

Ms. Robichaud begins her new position with Innovacorp today, August 10, 2009.

Innovacorp helps early stage Nova Scotia companies commercialize their technologies and succeed in the global marketplace. Innovacorp’s High Performance Incubation (HPi)™ business model, which is recognized internationally as a best practice technology commercialization approach, incorporates incubation infrastructure, business mentoring, and seed and venture capital investment. Every day, Innovacorp staff provides hands-on business guidance, tailored to meet the unique and evolving needs of high potential early stage technology companies.

For more information, please contact:
Jennifer Batten
Innovacorp
902.424.8670 ext. 1197
jbatten@innovacorp.ca

Halifax, Nova Scotia, August 10, 2009