More than 140 Angel investors from across North America are expected to attend the Spring 2010 Co-Investment Summit, June 8 at the exclusive and historic Toronto Golf Club in southeastern Mississauga, Ontario.
The afternoon event will feature carefully chosen and prepared Angel-backed companies from Ontario pitching for investment. It is being organized by the National Angel Organization – Ontario in partnership with the RIC Centre of Mississauga.
A presenter at a previous Co-Investment Summit, Sue Abu-Hakima, CEO of Amika Mobile, has said, “The Co-Investment Summit gave us good exposure with the Angel community and the possibility of future investment.”
“NAO-Ontario’s success at organizing business Angels in Ontario is due in no small part to enabling events like these,” said Patricia Lorenz, NAO-Ontario Chair. “Co-Investment Summits are a meeting place for Angel groups and unaffiliated investors, as well as for entrepreneurs and those with the capital they need to grow. Ontario is leading the world in developing early-stage investment and all the benefits there from.”
Ms. Lorenz says previous Co-Investment Summits helped existing Angel-backed companies reach the next level by fostering additional capital raises.
“Over $20 million in early-stage capital has been leveraged into Ontario companies by Angel group members and others since 2007,” she said, “Many of those deals took place in the context of these exciting Co-Investment Summits, which showcase not just commercial innovation but the secret sauce of Angels’ stakeholder-based mentorship and support.”
The National Angel Organization – Ontario (NAO-Ontario) – www.angelinvestor.ca is the industry association representing Angel capital in all of its forms throughout Ontario. NAO-Ontario operates the Angel Network Program on behalf of the Ontario Ministry of Research and Innovation, which funded it over four years to create and grow organized Angel investor groups for various Ontario regions and industrial sectors. Their mission is to build membership, early-stage investments and best practices of these groups and thus create a greater pool of capital for innovative start-up companies in the province.
The Research Innovation Commercialization (RIC) Centre www.riccentre.com helps new entrepreneurs and seasoned business people take the next great idea to market in the fields of aerospace, advanced manufacturing, life sciences and emerging technology sectors. The RIC Centre’s vision is to build and maintain an organization that is an inspiration to clusters world-wide for convergence in advance manufacturing, aerospace and life sciences for commercialization success. Through defined strategic actions, the RIC Centre pro-actively connects industry, academia and investment to gain meaningful results that support commercialization.