National Angel Capital Organization

Release: Ryerson Angel Network Recognized As Pathfinder For Student Businesses

November 24, 2008 · Leave a Comment

For immediate release

Ryerson Angel Network Recognized As Pathfinder For Student Businesses
Successful Graduates Can Now Invest In Ryerson Enterprises

Toronto, November 24th, 2008 – In recognition of their ground-breaking development of the first university-led Angel network in Canada, National Angel Capital Organization President W. Daniel Mothersill presented an award to Ryerson University at the First Canadian Co-investment Summit in Toronto.  University Provost and Vice-President Academic Alan Shepard, University Advancement Vice-President Dr. Adam Kahan, and Ryerson Enterprise Institute Director Dr. Steve Gedeon, accepted the award on behalf of the University.

The Ryerson Angel Network (RAN) was formed through the Angel Network Program operated by NACO-Ontario and funded by Ontario’s Ministry of Research and Innovation.  It will allow Angel investors to fund the commercialization of innovative and entrepreneurial ideas from current and past students of Ryerson University, home to Canada’s largest undergraduate business program.

”Universities everywhere have historically enjoyed the generosity of grateful graduates,” said Mothersill. “Through the Ryerson Angel Network, the University is providing an important source of funding to both student and alumni enterprises.  RAN is a real and multifaceted growth opportunity for this university, this province, and this country.”

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Media Contacts
Bryan Watson, NACO Executive Director
T : 416-581-0009
E : bwatson@angelinvestor.ca

W. Daniel Mothersill, NACO President
T : 416-581-0009
E: dan@angelinvestor.ca

For more information on the Ryerson Angel Network, please contact Neira Hodzic at neira@ryersonangelnetwork.com.

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