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.. 16-W‘Al'Ellllp(}lilÂ¥)fl_l(§L_Ele/ednesda'ysztoberggyj _ . ‘ _ _ ' _ ‘ - . . _ Râ€"«fi Local angel investor network looking for new members 8v Boa mu: which graduated when we just got _ (hm/116195103 . « started and has grown from 10 employees to more than 90. alling all angels â€" the Gold “We're proud we've been con ‘ en Triangle Angel Network . 4- ‘ tributors to that success. It’s all is looking to hand out a few 5 pan of an ecosystem that bonds more wings and they need the . i together and assists. and we're help of local investors to continue ’- proud to be part ofit." their work. i Kurtis McBride. CEO of Miovi- (iTAN was founded in 2009 i . sion and a grad of both the Accel- when the global credit crunch 1W3? crater Centre and the University of made it difficult for the area's tech ' Waterloo. said they've received two startups to attract capital to take rounds of angel investment from their fledgling businesses to the GTAN and it's helped the company next level, grow to include a satellite office in Since then. the group of about ‘ Cologne, Germany. l00 accredited investors has pro- Miovision's technology helps vided more than $26 million in governments reduce the cost of funding to 28 companies and New startups incubated at the Accelerator Centre, like Miovision Technologies. have benefited from the support collecting. analyzing, and report- helped startups like Miovision of the Golden Triangle Angel Network, which has invested $26 million into 28 companies over the last four years. ing accurate traffic data and find. Technologies and Kik continue “5 ”'3'” ing efficiencies in municipal transr their growth. 'We have people who have for you, and provide access to investing is, how it works and portation networks. They've become the No. 1 angel emptied their pockets significantly experienced angel investors as to make sure people will come out “Both times we used them we investor network in Canada. and and they are a little reticent to con- what's all involved. and become part ofit.” we re looking to leverage what have contributed their expertise tinue to do it until they see “Angel investing is out there Douglas said with the return on we've built to date and build anew and mentorship. in addition to returns." said Rob Douglas. presi- and we're effectively trying to investment a challenge with tradi- product into an adjacent market." their financial suppon. to the local dents of (HM. “So we need more demystify the process.” said Dou- tional financial vehicles. including said McBride. tech ecosystem. members. and part of that whole glas. “i think many people think real estate. angel investing is a “it's fair to say Without the sup Despite that successful track drive is education." we're part of some secret society. credible option that can deliver the port of groups like that businesses record they‘ve run into a little hit of The group will be hosting its with secret handshakes and we do returns that some people are look- like mine would still be Just idms a conundrum â€" the demand is next education session Oct. 8. everything behind some veil ingforthesedays. inabasement." still there for its services but a lot of 8 am. to 5 pm. at the Hingemans somewhere. “We have some companies that lot more information about the their liquidity is still tied up in the conference Centre where they will “We want to provide some solid have become poster children for GTAN angel investment event Visit businesses they've supported talk about ifAngel investing is right education about what angel what we are doing like Miovision wwwgoldentriangleangelm-t ca Google own ed Motorola Mobility sets up shop in region MIAMI-31W just starting out, you really can't top mobile companies in the world. to grow. he said. ChronicleSlaff find that mix anywhere in Canada “Part of where Motorola is suc» The timing of the announce- and maybe even North America.” cessful is not just focusing on the merit of Motorola moving to the aterloo Region's wealth of Phillips said. hardware or the software, but Breithaupt Block in Kitchener â€" Wtalent and reputation as a The Ottawa native is well aware thinking about delivering both," he )ust days after competitor Black- tech incubator is one of of the region's legacy as a tech said. “Where we will be successful Berry announced 4.500 layoffs and the big reasons why (wage-owned hotbed. Phillips has spent the past in this ofiice is‘by providing good nearly a billion in losses in the Motorola Mobility announced last 17 years in Waterioo Regen, first as software counterparts to a lot of the quarter â€" was not planned. He week itwassettingup officehere. a student at the University of great hardware stuff Motorola is said it took months of preparation , Derek Phillips, engineering Waterloo. where he has an under- doing.” to make the move and prepare the 3 " ' director for Motorola Canada. said graduate degree and a graduate The key to surviving in the ultraâ€" announcement. j the company currently has 10 pro» degree in computer science, and competitive mobile market is to This is the second announce- ‘ grammers but is looking to expand for the past sevenAand-a-half years continue to deliver new, innovative merit of a major tech company \ asquickly as possible. he's worked with Google before products to consumers. Phillips moving to the region in recent ”Pretty much anybody that is transferring over to the Motorola said. and finding the best ways to weeks. M weeks ago. Mtter co- ’ 3 interested in technology knows division. marry hardware advancements founder lack Dorsey announced he . .1 ' Kitchener-Waterloo is the place to He said this region will play a big with software people want to use. would be setting up a larger (Lana ‘ ’, » i go. and with that wealth oftalent as role in the phone company's con- To deliver this promise. though. dian ofiioe in the region for his new ” a» I well as-students and entrepreneurs tinued efforts to become one of the the company is going to need business. Square. Motorola's Derek Phillips ‘ .V .g f " - -. g3 VINYL CLEANER KIT i ‘hu .89 .-. . 79 2:;::' " 1.11 m... 1.67 . 9.99 with every $200 . . M or LVT m f mun-u. SIMPSONSE‘ i ‘ in: can; ““""""- .