Maurice
Posted: February 4, 2022

Amount:

$400,000

Type of Program:

Investment


Description:

The Spark Angel Network provides private equity investment to early-stage technology and innovative businesses within Durham and Northumberland.

Comments on Funding:

Most of Spark Angel's investments range from $250k to $400k.
Through their co-investment/syndication relationships with the other angel groups in Ontario, Spark Angel can bring together other angel groups that allow for pooled investments of up to $2 million in any particular company.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • Be companies in sectors that mirror Spark Angel's area of expertise including but not limited to Information technology, energy, automotive, telecommunications, internet, enterprise software, SaaS applications
  • Be other innovative firms
  • Be market ready and have high growth potential
  • Be located within Durham and Northumberland.

Applications Steps:

1

Applicants must fill out the form on the website with some personal information (name, company name, phone number and email) and they will get an email with instructions on the next steps they need to take.

Other Things to Note:

Spark Angels Network is a not-for-profit organization that is supported by the Government of Canada’s Economic Action Plan through the Federal Economic Development Agency for Southern Ontario.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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