Amount:

No Fixed Amount

Type of Program:

Investment


Description:

The Peterborough Region Angel Network (PRAN) have monthly meetings in the downtown core of Peterborough, where entrepreneur startups present their investor’s pitch at a maximum of 20 minutes, following a Q&A period.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • be early stage growth companies;
  • be involved in PRAN's areas of focus for investment: information & communication technology (ICT), medical technology, green technology (cleantech), biotechnology and life-sciences; 
  • go to the Innovation Cluster to prepare prior to pitching;
  • propose projects with: 
  • distinct competitive advantage;
  • high value-added component;
  • environmentally friendly impact;
  • green technology, life-science or manufacturing focus;
  • strong management + skills personnel;
  • international expansion potential;
  • in-line with the values + expertise of the Angels.

Applications Steps:

Applicants must:

1

connect with the Innovation Cluster by emailing pran@innovationcluster.ca;

2

prepare their initial pitch and submit it to a PRAN sub-committee, which is tasked with "pre-screening" all applicants;

3

present to PRAN at one of their upcoming Investment Forums, if successful/invited.

Documentation Needed:

  1. 1
    Applicants must prepare their initial pitch using the presentation template provided by PRAN and PRAN's pitch guidelines.
  2. 2
    As progress moves forward with expressions of interest from the Angels, a comprehensive business plan may become a necessary reference tool for negotiations. This plan remains 100% the exclusive property of the applicant during the entire application process.

Pitch preparation requirements:

  1. 1
    a concise description of the market need that the company fills;
  2. 2
    an outline of what the company strives to do and why (vision);
  3. 3
    a description of what the market realities and size of the opportunity are;
  4. 4
    a brief description of the product, technology, and/or service;
  5. 5
    a outline of management team, advisors, and owners;
  6. 6
    a brief description of go-to-market strategies;
  7. 7
    a detailed outline of financials (breakdown of revenues, expenditures, etc);
  8. 8
    a suggested exit strategy for Angel Investors.

Other Things to Note:

  1. 1
    The Peterborough Region Angel Network meets once monthly in the downtown core of Peterborough Ont., to hear from a minimum of two innovative startup companies that are high potential and ready for investment.
  2. 2
    For further details please send an email at pran@innovationcluster.ca .

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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