FedDev Ontario announced an investment of up to $500,000 in Angel One Investor Network, which will help the network to expand its angel investor membership and to increase its pool of angel investment funds and mentoring support for early-stage companies in southern Ontario.
Angel One Investor Network will be using this investment to support its growth and double its membership, enabling it to continue to help companies transition from innovative start-up to commercial success. Over the five-year period of the FedDev Ontario investment, Angel One members anticipate providing $15 million of private capital to about 50 companies, along with leadership in governance, strategy and operations.
Full News Release: http://news.gc.ca/web/article-en.do?nid=892399
