Edmonton, Alberta, Canada-based Brass Dome Ventures introduced the launch of the Brass Fund One enterprise fund with a mission of investing in early-stage, inventor-led corporations which have emerged from native universities.
Present buyers in Brass Fund One embrace enterprise leaders from the Alberta area, who’ve contributed CAD$1 million to launch the inaugural fund.
The fund intends to offer investments of as much as CAD$500k to as many as three eligible corporations, thus seeding the Alberta innovation ecosystem with modern start-ups that present jobs and improve the area’s economic system.
Brass Fund One is targeted on investing in corporations throughout a spread of industries which have constructed a powerful basis of mental property and demonstrated a transparent differentiation from their competitors. The fund’s first portfolio firm is a expertise start-up that has developed a system for producing excessive frequency solid-state microprocessor chips which might be capable of ship a considerably larger stage of energy than can be found in present microprocessors to gas the subsequent era of good telephones and different cellular units.
Led by Christopher Micetich, CEO, Brass Dome Ventures is a administration and enterprise consultancy that collaborates with modern and visionary corporations within the strategic planning and execution of their targets and goals.
A second fund, Brass Fund Two, is anticipated to be launched in 2023 that may search to put money into extra established corporations which might be producing revenues however nonetheless require extra capital and enterprise assist to take their enterprise to the subsequent stage of their evolution. Entrepreneurs keen on being thought of for funding in both Brass Fund One or Two are invited to submit a marketing strategy to Brass Dome Ventures at [email protected]
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