TORONTO, April 27, 2015 /CNW/ - As announced today by Ontario Premier Kathleen Wynne, Scale Up Ventures Fund has received an investment of up to $25 million from the Government of Ontario, which will be matched with $25 million from private investors. This new venture capital fund will provide Ontario's most promising start-ups with a unique combination of capital, mentorship and market access.
Led by the Chair Nadir Mohamed, former CEO of Rogers Communications, Scale Up Ventures has assembled a Leadership Council of more than 30 of Canada's most prominent executives who have agreed to contribute their time and expertise to foster the growth of the next generation of Canadian start-ups. In addition to mentorship, they will provide access to their networks, opening up markets to which new companies would otherwise not have access.
