WeirFoulds is pleased to announce that partner David Brown has been appointed to the Board of Directors of Angel Investors Ontario (formerly known as “Network of Angel Organizations – Ontario” or “NAO-Ontario”).
This latest appointment is another example of David’s commitment to creating and growing Angel investment in Ontario, and adds to the long list of organizations for which David either serves or has served on the Board, including The Toronto Venture Group, The Toronto Angel Group (now Maple Leaf Angels), The Private Capital Markets Association of Canada (PCMA), The Pinball Clemons Foundation, The Make-A-Wish Foundation, The Empire Club of Canada, The Licence Suspension Appeals Tribunal, and The Toronto Distress Centres.
Angel Investors Ontario convenes Ontario’s Angel investors, who provide capital and mentorship to innovative start-ups province-wide.
Angel Investors Ontario was formed on the principals of the National Angel Capital Organization (“NACO”), in order to administer the Angel Network Program (“ANP”), established by the Government of Ontario in July 2007. A member of the Ontario Network of Entrepreneurs (“ONE”), Angel Investors Ontario continues to be the sole trusted administrator of the ANP. Since 2011, Angel Investors Ontario has also administered the Investing in Business Innovation (“IBI”) Program, on behalf of the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), to encourage the growth of Angel Investing.
Angel Investors Ontario supports 12 non-profit Angel Groups and 14 investment clubs across the province, fostering Angel groups’ success by sharing information and education tools, transferring best practices across the network. Over the past decade, through the groups and clubs that it mobilizes and supports, Angel Investors Ontario has enabled just over $300 million dollars to be invested into 500 high-potential early-stage ventures, in turn creating and retaining close to 10,000 jobs.
David has been named by Best Lawyers® as one of the best lawyers in Canada in the practice area of Corporate Law. His corporate law practice handles all manner of middle-market Mergers & Acquisitions, Private Equity and Venture Capital transactions.