JCCM and Anges Québec Launch Angel Investors Challenge 2010
I received a press release today from the JCCM (Jeunes Chambre de Commerce de Montréal) about an initiative called, Angel Investors Challenge 2010. Angel Investors Challenge 2010 is a competition where startups can submit their business plans and win the opportunity to present in front of angel investors in December. They expect ~60 qualified investors at the event. They are looking for companies that are seeking investment between $50,000 and $1,000,000 (quite a broad range) that are starting up or have just started. It looks like there will be some coaching offered as well for the companies that are selected to present.
They’ve run the program for awhile. You can see previous finalists here.
The press release is published below:
The Junior Chamber of Commerce of Montreal (JCCM) and Anges Québec are proud to launch the 2010 edition of the Angel Investors Challenge. The mission of the Angel Investors Challenge is to help Quebec’s young entrepreneurs, in the seed, start?up, or development stage, to create and develop their company by offering them the possibility to present their project to angel investors interested in investing their time and money to launch young companies to the next level.
“The new concept of the Angel Investors Challenge is designed to develop a new generation of entrepreneurs by offering selected candidates privileged access to a large network of private investors, a coaching program, media coverage, and networking opportunities. Through this initiative, the JCCM encourages and promotes audacious, innovative entrepreneurship that creates wealth in Québec,” said Alexandre Doire, president of the JCCM.
“This association between a junior chamber of commerce and a group of angel investors in order to support the next generation of entrepreneurs is not only a first in Québec and in Canada, but also in North America,” added François Gilbert, president and CEO of Anges Québec. “This is why we are very happy to present the Angel Investors Challenge in collaboration with the Junior Chamber of Commerce of Montreal,” he added.
The initiative aims to identify the most promising companies that will become the future engines of Quebec’s economy. Among the candidacies received, a dozen will be selected to constitute the 2010 cohort. Those companies will take part in a training program especially designed according to their needs and will get the incomparable opportunity to meet more than 50 investors during a private event.
Entrepreneurs wishing to participate to the 13th edition of the Angel Investors Challenge can immediately submit their application online at www.angesfinanciers.org.
About the Junior Chamber of Commerce of Montreal
The Junior Chamber of Commerce of Montreal (JCCM) is a group of young executives, professionals, entrepreneurs, and self?employed workers between the ages of 18 and 40.
Founded in 1931, it has today more than 1,600 members, which makes it the biggest network of young businesspeople in North America. It is a necessary platform for the development of young businesspeople in Montreal. The JCCM can count on the support of many partners and business men and women who care for the younger generation of businesspeople. For further information about the JCCM, go to www.jccm.org.
About Anges Québec
Anges Québec is the most important group of angel investors in Québec. Its members identify, accompany, and finance the most innovative companies in the province. Anges Québec members are experienced entrepreneurs who contribute to the launch and growth of companies from various sectors by investing time and money at the seed and start?up stages. To do so, Anges Québec collaborates with significant organizations in Quebec that are interested in the development and promotion of technological innovations. For further information, visit the Anges Québec website at www.angesquebec.com.
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