GAN holds its Barrie investment presentation meetings, by invitation only, to members and prospective members 8-9 times per year.
Guests are typically referred by existing members, but accredited investors interested in attending our meetings are welcome to contact us directly with meeting enquiries. The group also works in partnership with our commercialization network organizations to assist in making companies “investor ready”.
Forward calendar for our Investment Meetings is as follows:
- Thursday September 21, 2017
- Thursday October 19, 2017
- Thursday November 30, 2017
- Thursday February 1, 2018
- Thursday March 1, 2018
- Wednesday March 28, 2018
- Thursday April 19, 2018
- Thursday May 17, 2018
All meetings start at 4:30 and end at 7:30 pm.
- October 26 – GAN Member event as part of Barrie’s Xcelerate conference at Kenzington’s in downtown Barrie. We hope to have some speakers, an introduction to GAN and then we will merge with the Xcelerate social and meet a number of Barrie entrepreneurs.
Attachment: August 2017 Newsletter
Dear GAN Members, prospective new members, sponsors and angel network colleagues:
I hope you are all having a great summer, despite the frequency of rain.
I would like to take this opportunity to update you on a number of matters.
Please find attached a brief newsletter.
The key messages are:
- The is no investor meeting in August. Although there is great deal flow, and most people thought it was a good idea, nobody was available.
- Our next meeting is September 21st at Georgian College Room 101 at 4:30. A series of calendar invites will follow this email for investor meetings in September, October, and November. Please “accept” them all. We have expectations that the opportunities will be very good.
- New member and sponsor campaign – At our September 21 meeting I will provide all the details. BUT – Please mark in your calendar both our October 19th Investor meeting which is a BRING A FRIEND event, as well as a GAN Member event on October 26th s part of Barrie’s Xcelerate conference at Kenzington’s in downtown Barrie. We hope to have some speakers, an introduction to GAN and then we will merge with the Xcelerate social and meet a number of Barrie entrepreneurs.
- Since April 1, 2017 GAN members have invested in Enermotion, Food Cycle Science, reDock, LinkGreen and we are closing in on DashMD.
- The have been a number of follow-on investments by GAN members in previous investments and I will provide a complete update on our investment portfolio at the September 21st meeting.
- Finally, membership renewals and fee letters will be going out next week. Normally this would occur in April and May but the setting up of a member portal has delayed the process. Membership fees are $750 plus HST. Thank you.
As always, if you have any questions, please do not hesitate to contact me.
See you in September!
Michael Badham, CPA, CA, CBV
T 416 407 4324
Arlene Dickinson’s District Ventures Capital invests in industry-changing Chickapea Pasta
CALGARY, Aug. 3, 2017 /CNW/ – A leading Canadian producer of healthy, gluten free and organic pasta, Chickapea Pasta, has received an investment from District Ventures Capital, the Venture Capital fund established by Dragon’s Den star Arlene Dickinson.
Chickapea Pasta has revolutionized the pasta industry by developing a healthy and tasty alternative to the dinner-time-classic. Made from just two ingredients, chickpeas and lentil flour, Chickapea pastas are gluten free, non-GMO Project Verified, certified organic and vegan, and offer an amazing 23 g of protein.
The company’s line of healthy pastas has gained traction with independent, regional and national grocers across Canadaand the United States. Chickapea Pasta, together with District Ventures Capital, is looking to build on this momentum with the introduction of its second product line, a delicious Macaroni & Cheese, which will launch in the fall – just in time for back-to-school.
The investment by District Ventures Capital, which completes Chickapea Pasta’s growth financing, comes on the heels of an eventful 2017 for the company, and its founder, Shelby Taylor.
In May, Taylor completed a six-month program at Canada’s leading business accelerator for consumer packaged goods companies, District Ventures Accelerator. During that time, Taylor increased sales and expanded distribution into the U.S. market. Now Taylor has inked a deal with Canada’s leading venture capital fund for consumer packaged goods (CPG) companies.
“Chickapea Pasta is exactly the kind of company we’re looking to invest in: an innovative product that challenges the traditional food industry by offering consumers healthy alternatives; a strong track record of sales, and an incredible entrepreneur that’s built a great company,” said Dickinson.
District Ventures Capital is part of an ecosystem of support that delivers capital, mentorship and marketing to innovative CPG companies. Founded in 2015 by Arlene Dickinson, District Ventures Accelerator, District Ventures Capital, and Venture Communications operate with the sole purpose to turning successful companies – like Chickapea Pasta – into globally respected brands.
SOURCE District Ventures Capital
For further information: please contact: Justin Burrows | 416-276-7699 | firstname.lastname@example.org
FOR IMMEDIATE RELEASE
July 15, 2017
Georgian Angel Network Investors Fund Barrie Based Software Business
Barrie, Ontario – Seven angel investors from the Georgian Angel Network (GAN), along with other local investors, completed an initial seed round of financing for LinkGreen, a Barrie business-to-business software start-up founded by Warren Patterson and Robert Tigwell. The funding will allow the business to hire people with the marketing, sales and software skills needed to fully commercialize LinkGreen’s product and start the business on its growth trajectory.
“Each month, GAN gives two companies the chance to present their business at a monthly meeting of accredited investors. LinkGreen demonstrated that they were ready for angel investment,” says Michael Badham, GAN Managing Director. “Because of the quality and commitment of the support network available for entrepreneurs in Barrie, GAN investors were presented with a quality investment opportunity. The investors responded by completing their due diligence and closed the financing in under 30 days.”
Patterson, a long–time garden center owner, started LinkGreen to streamline the process of ordering products by creating an online ordering platform for businesses that have a multitude of vendors. “Our goal here at LinkGreen is to establish ourselves as the authority in the Lawn & Garden industry for online commerce and B2B connectivity, with future expansion into other fragmented industries,” says Patterson. “LinkGreen’s networked marketplace creates a more efficient way for businesses to connect, transact and communicate with each other.”
LinkGreen was introduced to Georgian College’s Henry Bernick Entrepreneurship Centre (HBEC) at an Invest Barrie networking event. Patterson credits his ability to attract top talent to work for LinkGreen to Invest Barrie’s many networking and training opportunities.
“LinkGreen is further proof that Barrie has the talent, networks, and financial resources needed to start and scale new businesses,” says Jeff Lehman, Barrie’s Mayor. “It’s great to see local capital being invested in growing local companies. This is the self-sustaining economic ecosystem at work. Thank you HBEC and GAN.”
LinkGreen graduated from Georgian College’s Henry Bernick Entrepreneurship Centre (HBEC), where Chris Adams, an HBEC Mentor, guided the founders through the start-up process. The opportunity was brought to GAN by Adams. “Warren and Robert are outstanding entrepreneurs, who identified a large B2B opportunity, and developed a robust digital solution” says Adams. “I was confident that GAN investors would be impressed.”
Along the way, LinkGreen received grants from the Industrial Research Assistance Program (IRAP), the Ontario Centre of Excellence’s IBM Customer Demonstration Program and the Bioenterprise Corporation’s Accelerator Seed Fund. VentureLab in Markham also mentored the founders and put LinkGreen into their Genesis Program for due diligence. Invest Barrie and the City of Barrie were instrumental in introducing LinkGreen to various organizations and service providers, including the initial introductions to HBEC and VentureLab.
“The eco-system in Barrie for entrepreneurs to commercialize their innovations is alive and active,” says Badham. “From start-up to their Series A round of growth financing, founders can receive funding grants and quality mentorship right here in the southern Georgian Bay area. It’s very exciting to be a part of this community.”
ABOUT GEORGIAN ANGEL NETWORK
Georgian Angel Network (GAN) is a not for profit organization that connects angel investors in the Barrie, South Georgian Bay, Orangeville, and Muskoka regions with entrepreneurs needing equity capital to commercialize their innovations. GAN serves as a catalyst for economic development, facilitating deal flow between accredited investors and high-quality investee opportunities as well as providing investor and investee education services. Since December 2011 members of GAN have invested over $9 million in 25 portfolio companies, through initial financings as well as follow-on financings. GAN is supported by the Government of Canada through funding from the Federal Economic Development Agency for Southern Ontario and the National Angel Organization through Angel Investors of Ontario.
Michael Badham, Managing Director
Georgian Angel Network
Phone: 416 407 4324
London Free Press – Monday, March 27th, 2017
London’s tech firms generate lots of buzz with their flashy games and apps – read article>
FOR IMMEDIATE RELEASE
GEORGIAN ANGEL NETWORK ANNOUNCES NEW MANAGING DIRECTOR Michael Badham, CPA, CA, CBV appointed to succeed Sandy Robertson
Barrie, January 21, 2017 – Georgian Angel Network (GAN) is pleased to announce that Michael Badham has been appointed the Managing Director of GAN, succeeding Sandy Robertson. Badham will join GAN on February 1, 2017 and will work closely with Robertson until March 31, 2017. At that time, Sandy will retire from GAN to pursue supporting the growth of a GAN investee company, Earth to Kids, Inc. and its lead product Chickapea Pasta and Badham will assume full responsibility for managing the organization.
Badham has significant experience as a Chartered Professional Accountant, and a Chartered Business Valuator, providing clients with strategic financial advice, M&A transactions, financings, and corporate growth. His expertise in the areas of strategy, operations management, relationship building and governance in addition to his education and training provides a unique skill set to develop and deliver on the mission, vision and goals of GAN.
“Michael’s experience and hands-on approach will help grow GAN to its full potential as a leading angel network in Ontario,” says Sandy Robertson. “I am pleased to support this transition and look forward to my ongoing role at Earth to Kids knowing that GAN will be in capable hands.”
The Board of Directors of GAN would like to express their sincere appreciation and gratitude to Robertson who not only founded GAN but grew the organization into a significant angel investor network in Ontario.
“Because of Sandy’s perseverance and strong relationships, GAN is uniquely positioned to support entrepreneurs in Ontario,” says Rick Kostoff, Vice Chair of GAN’s Board of Directors. “Sandy has truly made a difference and has been instrumental in growing companies in Ontario through this network.”
“I am looking forward to carrying on Sandy’s good work with the members of GAN, angel networks across Ontario and the Simcoe County / Georgian Bay entrepreneurship community, and beyond” says Badham.
ABOUT GEORGIAN ANGEL NETWORK
The Georgian Angel Network(GAN) is a not for profit organization that connects angel investors in the Barrie, South Georgian Bay, Orangeville, and Muskoka regions with entrepreneurs needing equity capital to commercialize their innovations. GAN serves as a catalyst for economic development, facilitating deal flow between accredited investors and high- quality investee opportunities as well as providing investor and investee education services. Since December 2011 members of GAN have invested over $8.6 million in 24 portfolio companies, through initial-round financings as well as follow-on financings.
– 30 –
TORONTO, ONTARIO–(Marketwired – Oct. 13, 2016) – Industrial SkyWorks, an unmanned aerial vehicle (UAV) and data analytics company serving North American customers with ground-breaking UAV solutions and data analytics today announced the recent completion of an investment by members of the Georgian Angel Network (GAN).
“We are excited about the investment made by the accredited investors from GAN,” said Michael Cohen, President and CEO of Industrial SkyWorks. “This funding accelerates the sales and marketing of our unique UAV analytical solutions targeting the complex problems facing the building envelope inspection business and the challenges of safely and cost effectively managing and maintaining oil and gas assets.”
“The investment with Industrial SkyWorks is an exciting opportunity for the members of GAN to provide a significant boost to the commercialization efforts of Industrial SkyWorks. We are extremely pleased to be part of a very large opportunity and with a leadership team that has assembled the right resources to deliver a world class platform,” said Sandy Robertson, Founder and Managing Director of GAN.
March 8, 2016 – Maintenance Assistant Inc, the industry leading provider of cloud-based maintenance and asset management software, today secured $5 million in a Series A round led by BuildGroup. The funds will be used to fuel the company’s growth in the mid-market and enterprise segments to double headcount and add new roles in sales and marketing, product development, and customer success.
With the investment, Peter Freeland, co-founder at BuildGroup, will join the Maintenance Assistant board of directors. BuildGroup, a private investment firm led by former Rackspace CEO Lanham Napier, is committed to supporting portfolio companies in core functions ranging from go-to-market guidance to product strategy and business development. The Series A round clearly reflects BuildGroup’s confidence in the Maintenance Assistant team and in the company’s future growth prospects.
Maintenance Assistant was the first investment made by GAN members, in December, 2011, and is the first in GAN’s portfolio to secure venture capital financing. With this investment, existing investors benefit from having visibility into the current valuation for the company and a current mark-to-market position.
Monday, November 30th – GAN members were part of a syndicated transaction between GAN, Angel One and GTAN that closed today, a mid six-figure equity financing for VistaShift Inc.
VistaShift presented at our September investment meeting, and while the GAN order book filled out first, all groups worked expeditiously to achieve a closing within 10 weeks. This represents a creditable period of time in which to get funding completed for the Issuer.
This transaction brings the number of GAN portfolio companies to 17 and over $5.7MM invested. With another investment in November on a rolling-close deal (yet to be announced as the round remains open), GAN members have invested $6.5MM since inception.”
September 9, 2015 – GAN members recently closed a low/mid six-figure equity financing for GAN investee company Weever Apps, Inc. This transaction was a co-investment with Niagara Angel Network and Angel One Network, and while GAN led this deal, the initial referral came from NAN. This reflects the collaboration between the Ontario angel groups which facilitates syndication.
Weever presented at our mid-June investment meeting, and along with our angel group partners were able to close & fund within 10 weeks from presentation date. As, well, a GAN member will be the Board Observer representative for the new investors on Weever’s board
This brings GAN portfolio companies to 16, with total investment since inception in 2010 of over $5.5 million.”
July 31, 2015 – GAN members closed on a low 7-figure financing transaction for Advanced Technology Emission Solutions (“ATES”) today, partnering along with a U.K. super-angel and the MaRS Investment Accelerator Fund. This marks the first time that GAN members have co-invested with a European investor in a cross-border deal, and a first same-time investment with the IAF.
This investment brings GAN portfolio companies to 15 to date, with over $5.3 million invested since inception in 2010. ATES presented at GAN’s mid-June investment meeting and we were able to close within a span of 6 weeks.
ATES has developed a patent-pending technology that reduces overall emissions for the automotive and industrial manufacturing sectors.