Nov 20, 2014
FedDev Ontario has provided the Spark Angel Investment Network with funding of $225,000 over a 3 year period. “With this financial support and multi-year commitment from FedDev Ontario, the Spark Angels Investment Network will be able to accelerate its efforts in building an entrepreneurial culture within the Durham and Northumberland regions. We focus on providing start-up and growth capital to businesses built on innovation and sustainable growth technologies, businesses that can create high-value, knowledge-based jobs and opportunities for current and future generations of entrepreneurs within our community” commented Malcolm MacTaggart, Executive Director.
“Through strategic investments in building the angel investor community, our Government is giving early-stage businesses the tools they need to create jobs, and bring growth and long-term prosperity to the region. FedDev Ontario has programming to support new entrepreneurs with great ideas who want to start a company; programs for existing businesses that want to expand, train their staff or enter a global supply chain; and initiatives for businesses looking to partner with post-secondary institutions. We are proud to be a key partner with angel investors in helping innovative businesses to grow.” announced Gary Goodyear, Minister of State for FedDev Ontario.