1.0Fiixhttps://fiixsoftware.comOntario Startups Receive $5.4 million From Investment Accelerator Fundrich600338<blockquote class="wp-embedded-content" data-secret="4mnigtS6h6"><a href="https://fiixsoftware.com/maintenance-news/news/ontario-startups-receive-5-4-million-investment-accelerator-fund/">Ontario Startups Receive $5.4 million From Investment Accelerator Fund</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://fiixsoftware.com/maintenance-news/news/ontario-startups-receive-5-4-million-investment-accelerator-fund/embed/#?secret=4mnigtS6h6" width="600" height="338" title="“Ontario Startups Receive $5.4 million From Investment Accelerator Fund” — Fiix" data-secret="4mnigtS6h6" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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TORONTO, September 25th, 2012 – Twelve Ontario companies have received funding from the Investment Accelerator Fund (IAF), bringing the program’s total investment in Ontario’s emerging enterprises to $26.6 million in 57 companies since its inception. As Ontario’s most active seed-stage investor, the IAF helps startups develop their businesses and position them for further investment by angels and venture capitalists. It is funded by the Government of Ontario and delivered by MaRS. “We are beyond pleased to have the IAF as significant investors in Axonify,” said Carol Leaman, CEO of Axonify. “Their support, professionalism, suggestions and connections are helping shape our company into a world-leading, next-generation eLearning platform. We were grateful for their early belief in what we were doing and the capital invested is allowing us to execute on a plan to dominate our specific segment in the Human Capital Management space,” Leaman said. The fund invests up to $500,000 in companies with the potential to become global leaders in their fields and provide sustainable economic benefits to Ontario. To date, IAF portfolio companies employ more than 800 staff in high-value jobs, fuelling Ontario’s innovation economy. Funding and support from the IAF will help these innovative companies introduce new technologies that […]