The Golden Triangle Angel Network (GTAN) is a members-only, not-for-profit organization of accredited investors seeking investment opportunities in promising early-stage businesses.
In addition to financial support, GTAN members provide dynamic early-stage companies with valuable mentorship and access to capital networks in order to facilitate learning, networking, and growth. GTAN helps accelerate companies into becoming market leaders in their industry by bringing together investment, experience and knowledge.
GTAN provides its members with opportunities to increase their exposure to quality pre-selected companies, and the ability to expand their network of like-minded investors. GTAN operates under the Ontario Ministry of Research and Innovation’s Angel Network Program.
The Golden Triangle area, comprising Kitchener-Waterloo, Cambridge, Guelph and Stratford, is one of the top five growth areas in Ontario. Having a strong industrial and agricultural base, Kitchener-Waterloo’s high-tech cluster and four major post-secondary institutions, this area has spawned many early stage companies and academic research, as well as nurtured stable employment and prosperity.
The economic downturn of 2008-2009 created new challenges, not the least of which was access to investment capital. Manufacturing in particular was hard hit and required both capital and innovative technologies to adapt to the new economy.
Historically, the funding needs of early-stage tech companies were well-served by a number of organizations, such as Communitech, The Accelerator Network, Infusion Angels, and individuals in the area with a strong track record of building tech companies. Even with this impressive group, a significant funding gap remained.
Angel groups, like the Golden Triangle Angel Network (GTAN), not only tackle this funding gap, they also increase investor access to companies (deal flow) both within high-tech and in other areas such as manufacturing, healthcare, entertainment, etc. As well, Angel groups provide a supportive environment that develops best practices for due diligence, investing and ongoing mentoring.