Technicolor®. The world’s first personal computer. The world’s most widely used legal search tool. The world’s first word processing program. These transformative technologies have one thing in common: they were discovered by Queen’s researchers.
Today, more than ever before, the discoveries that change our world rely on basic research being done at our universities, hospitals and research institutes. Since 1987 Queen’s University’s PARTEQ Innovations has been helping to drive those discoveries to market – but they haven’t done it alone.
Angel investors have been a powerful force in propelling exciting technologies out of institutional labs and into the market. Angel investments have helped create and sustain many of the startup companies developed out of Queen’s research.
The impact of this kind of support has been significant: 45 companies have been created that have attracted more than $1 billion in investments and generated more than 800 jobs. Queen’s and investors have realized financial return, economic development has been stimulated and lives have been improved through product introductions.
Today, the climate for building new ventures based on breakthrough technologies has never been better. Working together, governments and industry are creating new vehicles and new approaches for building Canada’s innovation economy.
Managed by PARTEQ, the PARTEQ Angel Network connects accredited angel investors with the most promising early-stage technology companies in the Kingston region. The Network gives members access to a portfolio of high-potential opportunities prescreened for investing as either a direct investment or through a pooled fund. By banding together and leveraging the resources of PARTEQ and connected entities, Network members enable promising companies to grow and attract further investments while preserving value for angel investors.
The objectives of the Network are:
- Increasing the wealth of angel investors
- Supporting economic growth in the Kingston area
- Increasing the value of intellectual property owned by Queen’s University and other connected entities.