OTTAWA, Ontario–(BUSINESS WIRE)– BioTalent Canada announced today that Venkata (Teja) Nandamuri, from
RightBlue Labs in Toronto, Ontario is the winner of the 2017 MAGNUS
Catalyst Award for Top New Hire. For winning, he will be awarded a cash
prize of $1,000.
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Venkata (Teja) Nandamuri, winner of the 2017 MAGNUS Catalyst Award for Top New Hire. (Photo: Business Wire)
is a Senior iOS Software Engineer at RightBlue Labs, a company
developing monitoring systems that reduce illness, injury, and burnout
among athletes. Challenges and delays with the iOS version of RightBlue
Labs’ app were jeopardizing its product launch and expansion into the US
market. Through Teja’s knowledge and dedication, he single-handedly
created enhancements initially thought impossible to achieve within the
available timeframe, positioning the company for a strong product launch
in the US.
“We knew we needed an iOS developer, but budget was on the mid-end so we
knew a genuine rock star would be hard to attract,” says Ronen Benin,
Chief Executive Officer of RightBlue Labs. “With BioTalent Canada’s wage
subsidy, we were able to increase the base salary and as a result find
Teja. He turned out to be even more skilled and driven than we could
have hoped for, so we’re absolutely thrilled. Applying for this subsidy
is one of the best decisions we’ve made all year.”
As a national non-profit HR association for the Canadian biotechnology
industry, BioTalent Canada works to ensure that the bio-economy has
access to the talent it needs.
“Wage subsidies alleviate the two largest pain points plaguing small-
and medium-sized biotech companies: finding capital and finding talent,”
says Rob Henderson, President and CEO of BioTalent Canada. “It’s a
pleasure to highlight the achievements young professionals make to
Canada’s bio-economy as a result of this support.”
MAGNUS Catalyst Award applicants were evaluated along four criteria:
Their contribution to their employer’s company culture and sense of
innovation, their contribution to achieving of a team’s or company’s
business objective and the degree to which they assisted their employer
in overcoming a business challenge.
“We would like to congratulate the winner and the other two finalists
who are taking initiative and helping their biotech employers achieve
success,” says Erik Simins, President and CEO of MAGNUS Personnel, the
award’s title sponsor.
Wage subsidies offer solutions for both biotechnology companies, like
RightBlue Labs, and new graduates by motivating employers to consider a
talent pool they might have overlooked and helping young workers acquire
the experience they need.
Since 2013, with the funding of Canada’s federal government, BioTalent
Canada has injected over $6.8 million into Canada’s bio-economy while
helping 168 biotechnology companies hire over 550 new graduates.
According to BioTalent Canada’s latest report Opening
the Door II, new graduates stay with their employer for
about six months on wage subsidies, after which almost 85% keep
About BioTalent Canada
BioTalent Canada is the HR partner of
Canada’s bio-economy. As an HR expert and national non-profit
organization, BioTalent Canada focuses on building partnerships and
skills for Canada’s bio-economy to ensure the industry has access to
job-ready people. Through projects, research and product development
BioTalent Canada connects employers with job seekers, delivers human
resource information and skills development tools so the industry can
focus on strengthening Canada’s biotech business. For more information
please visit biotalent.ca.
About MAGNUS Personnel
MAGNUS Personnel is a
highly-specialized headhunting firm operating in the Medical, Clinical
Research, Life Sciences, B2B Industrial and Technology sectors. More
than 150 Companies trust us to locate and engage North America’s most
talented people for their businesses. We do this with Vigor and with
Passion. We are relentless. We are MAGNUS. Call (844) 8MA GNUS or
Source: BioTalent Canada