SEASONED COUNSEL FOR MINNESOTA TECHNOLOGY COMPANIES

A startup is defined as a new company started by individual founders or entrepreneurs that aims to develop a viable business model to meet a marketplace need or problem. There are estimated to be approximately 150 million businesses globally today with 50 million new startups launching every year. On average, 137,000 startups emerge globally every day.

Startup companies face unique challenges as they enter the marketplace. Startups often lack the policies and processes that ensure that the business adheres to legal, regulatory and compliance requirements.  While the internet provides new businesses with access to the global marketplace for all nature of goods and services, a business enters the market at their peril.  Whether it be a possible violation of the EU’s GDPR privacy requirements (capable of squashing a business before it even gets started), to a data breach or cyber event, for startup companies to be successful they need a solid legal footing and intelligent, realistic advice from counsel during their early stages and afterward.

Innova Law Group provides a broad-based external general counsel practice with specific focus on technology and the complex net of data management.  The firm provides sophisticated solutions for clients at all stages of development to meet their challenges while focusing on business growth and development. Together we will work to create:

• Corporate policies and processes to address the challenges of employment/human resources, technology, internet and e-commerce.

• Policies and processes to ensure compliance with PCI (Payment Card Industry) requirements and e-commerce.

• Standard contracts and simple service agreements including technology and supply chain.

• Data protection and privacy policies and processes, including revising current agreements and new agreements to comply with data and privacy law—such as the GDPR, the EU-U.S. Privacy Shield, and the California Consumer Privacy Act as well as training and counseling on best practices.