Angels step into venture capital void

Canada’s venture-capital industry is far from healthy, particularly if you’re a start-up looking for investment to turn an idea or a prototype into a product and a business.

For entrepreneurs, there is reason for optimism as angel investors are slowly starting to emerge as an alternative source of financing. While far from abundant or easy to find, angel investors are stepping into the fray. Many of these angels are successful entrepreneurs who appreciate and understand the challenges facing new business owners looking for growth capital.

One of the more active angels these days is Jordan Banks, who spent years as general manager of eBay Canada before becoming moving to JumpTV. After leaving JumpTV, Mr. Banks took some time off and, in the process, discovered his interest and passion for helping start-ups as an adviser and angel investor.

Full Story: http://www.theglobeandmail.com/report-on-business/your-business/start/financing/angels-step-into-venture-capital-void/article1502991/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheGlobeAndMail-Business+%28The+Globe+and+Mail+-+Business+News%29

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Giving Businesses Their Wings – Frontier Angel Fund http://matr.net/article-30582.html