LeClairRyan Announces SCOUT Award for Emerging Companies

From LeClairRyan, a sponsor of VT KnowledgeWorks:

LeClairRyan is pleased to announce that nominations are now open for the 2011 SCOUT (Startup Companies Originating Unique Technology) award.  The award is designed to recognize and assist an entrepreneur or emerging business with high growth potential.  The recipient may receive up to $15,000 in complimentary legal services over a twelve month period. 
In order to be eligible for consideration, applicants must have a commercially-viable business model based on proprietary technology or innovations.  A cogent business plan demonstrating high growth potential is required.  Companies seeking or preparing to seek angel or venture capital financing are eligible.
Details on the submission process can be found at www.leclairryan.com.  Submissions will be accepted until November 1, 2010.  The winner will be determined by the leadership team of LeClairRyan’s Venture Capital Practice, along with outside assistance, and will be announced on December 1, 2010. 
This is the second year of the SCOUT award.  Last year’s winner, Abokia, Inc., is an early-stage company in the business of developing and licensing massively accelerated biocomputing software solutions.  Abokia’s software products and software as a service (SaaS) solutions provide tools for the pharmaceutical, biotechnological, therapeutic, biofuel, biomanufacturing, and personalized genomic industry verticals.
About LeClairRyan
Founded as a venture capital boutique in 1988, LeClairRyan specializes in developing practical legal solutions to its clients' business challenges.  LeClairRyan provides business counsel and client representation in matters of corporate law and high-stakes litigation.  With offices in California, Connecticut, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Virginia and Washington, D.C., the firm has approximately 300 attorneys representing a wide variety of clients throughout the nation.  For more information about LeClairRyan, visit www.leclairryan.com.

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