By Anne Kershaw
Ontario Centres of Excellence (OCE) has solidified its relationship with six Ontario angel investment groups as a means of bolstering resources and services for start-ups and entrepreneurs.
By formalizing the relationship with these organizations, OCE is ensuring that the province’s angel investors are kept aware of the exciting and innovative new companies that OCE is working with, and the investment opportunities they represent.
“This is a great step forward that benefits everyone including OCE-supported companies, which will gain greater visibility with potential investors as well as contact with experienced members of the innovation community who can offer critical advice and mentoring,” says OCE President and CEO Dr. Tom Corr.
OCE occupies a unique and critical spot in the commercialization continuum helping to bridge the funding gap between government-funded R&D and private investment.
“Our partnership with angel investors is in keeping with our work in de-risking companies to the point that they become attractive to venture capitalists and later stage investors,” says Dr. Corr.
OCE has signed agreements aiming at supporting early-stage companies by identifying co-investment and other mutually beneficial opportunities with the following angel organizations:
Angel One Network
A-ONE's members invest in start-up and early stage companies in SaaS, information and communications technology, healthcare, clean tech and manufacturing.
Capital Angel Network
CAN and its members invest in seed and early stage and start-up companies in Information and communications and mobile technologies.
Georgian Angel Network
GAN and its members invest in seed and early stage and start-up companies in manufacturing and technology.
Golden Triangle Angel Network
GTAN and its members invest in seed and early stage and start-up companies.
Maple Leaf Angels
MLA and its members invest in seed and early stage and start-up companies in ICT, financial services, and non-therapeutic healthcare sectors.
York Angel Investors
YAI and its members invest in seed and early stage and start-up companies in information technology, telecommunications, internet, enterprise software.
OCE also continues to enjoy strong working relationships with both the Network of Angel Organizations – Ontario (NAO-Ontario), which helps create and support new Angel investor groups in Ontario, and the National Angel Capital Organization (NACO), Canada’s association for Angel investors.