Feds commit up to $500k to development of York Angels Investors
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has agreed to commit up to $500,000 to York Angel Investors, a network of angel venture capitalists based in Markham, Ontario. The funds will help the organization improve its investment tools, expand its investor base and pool, and improve mentoring support to early-stage companies in Ontario. Since it was founded in 2008, York Angel Investors has invested $4.9 million in 31 companies. FedDev Ontario said it has committed more than $3 million to 12 angel organizations.
11 February 2015•3 mins read
