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Ottawa Investment Firm Announces New Fund to Attract Foreign Startups

February 2015, 24
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Ottawa Investment Firm Announces New Fund
With the intention to help foreign start-ups, Ottawa investment firm is introducing a new fund to assist overseas nationals to get capital they require to kick-start their businesses in Canada.

Apparently, this fund would help to bring new talent to the nation whilst creating new and high-paying jobs in Ottawa and other regions of the nation. 

Earlier, Alex Cruder founded Bridgestarter Crowdfunding Solutions Corps to assist overseas startups raise capital through kickstarter campaigns because the crowdfunding service is accessible to nationals of only 10 countries. With the help of Kickstarter conduit, Cruder had expanded the service to 18 nations across the world. 

Now, he has come up with an angle investment, which will make direct investments in overseas-based start-ups as well as broker transactions between North American investors and international-based startups. The firm mainly focuses on new startups that do not have access to capital investment. 

Cruder stated that his firm will make use of Canadian Start-up Visa program to bring in overseas entrepreneurs and assets to Canada, which will help to create more jobs and attract new and innovative people to the country.

Cruder added that the new funding will definitely help foreign nationals to come to Canada and establish their businesses in the country.

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