I attended the soft launch of the new Angel One Investor Network yesterday.
Angel investors invest in business ventures by providing capital for start-ups or expansion. They are looking for a higher rate of return than provided by more traditional investments. Operating within a network allows investors to pool their resources and share the risks. The new Angel One Investor Network provides investors with opportunities to increase their exposure to quality pre-screened companies seeking capital, while at the same time expanding their network of like-minded investors.
Angel One is a members-only not-for-profit organization for accredited investors who live, work or have strong interests in Oakville, Burlington, Hamilton and surrounding areas. The organization provides its members with opportunities to increase their exposure to quality pre-screened companies seeking capital, while at the same time expanding their network of fellow investors. Karen Grant, Executive Director emphasized the network is about doing deals and is not event based.
Angel One supplies a key piece supporting the City of Hamilton and Halton Region’s innovation agenda to help fund early stage companies resulting in increased prosperity and employment for our communities. It is a tough road for companies trying to raise capital at the beginning when they can’t point to any sales. Usually, Angels tend to be business people who have earned their capital through development of their own successful businesses and are now looking to invest a part of it with an industry they understand well. They play a key role in identifying promising investments and then providing knowledge and linkages to help the company succeed.