2011 Angel Investors Challenge Gets Underway

The Angel Investors Challenge is kicking off its 2011 edition this Thursday (September 22, at 6pm) with a launch cocktail at the Centre d’entreprises et d’innovation de Montréal (CEIM) in Old Montreal. The Challenge is a partnership between Anges Québec and the Junior Chamber of Commerce of Montreal (JCCM) where young entrepreneurs compete for a chance to receive mentorship and training from angels and ultimately for an opportunity to present their businesses directly to Anges Québec.


The launch event is meant mostly as an informal networking cocktail for Montreal-area entrepreneurs, investors and others interested in start-ups, but it will also feature a few speakers, including François Gilbert, President and CEO of Anges Québec, and Yifeng Song, CEO and co-founder of Modasuite. Modasuite secured a round of funding from Anges Québec, Real Ventures and Bolidea after having been one of last year’s finalists.


The 2010 edition introduced an entirely new format from previous years by placing greater
emphasis on value add for entrepreneurs in the form of a structured training program for a cohort of the most promising projects and teams. The initiative was widely recognized by Quebec’s entrepreneur and angel community for its value and innovative characteristics. This year’s edition builds on last year’s success by introducing further training opportunities as well as mentorship by serial entrepreneurs for the finalists. Further details will be unveiled at the launch.

Where & How?

Always wanting to help budding entrepreneurs run as lean as possible, the CEIM is graciously hosting the entire event free of charge. All you have to do is register on the JCCM’s website.

Anges Québec & Type of Companies Sought After.

Anges Québec is the largest group of individuals investing in start-up and developing companies in Quebec. Its members are experienced entrepreneurs who contribute to the launch and growth of businesses in a variety of markets and product applications. The Angels can finance a concept, but they prefer for entrepreneurs to have a functional prototype which could be commercialized in the near future. Angels usually evaluate businesses according the following criteria: management team, competitive advantage, growth potential, innovation and exit strategy.

Cocktail Launch Details

Date  : Thursday, September 22nd – from 6:00 PM to 9:00 PM
Location  : CEIM
20, Queen Street, 3rd floor, Montréal
Metro station Square-Victoria / Google Map
Cost  : Free of charge, but you need to register on the JCCM’s  website.

About Ludovic Dumas

Ludovic transforms innovative companies into world-class organizations. He is an investment professional at an investment firm representing the interests of one of the most successful families in Canadian business. Before joining the private equity world, Ludovic was an investment banker at CIBC and with ING Group’s investment banking team in Frankfurt, Germany. Mr. Dumas was also a management consultant with Deloitte where he worked on corporate strategy, restructuring, market analysis, due diligence, and economic development mandates. Specialties Mergers & acquisitions, capital raise, corporate strategy, entrepreneurship.
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