North Innovation Fund Launches Debt Fund

North Innovation Fund, a Cambridge ON, Canada-based alternative financing firm providing ongoing SR&ED accrual loans to early stage Canadian companies in a variety of technology-based sectors, has launched its first fund.

Led by Managing Directors James Ro and Brian Hunter, the Fund will focus on high growth and innovative companies in need of non-dilutive growth capital to accelerate their transition from early stage to commercialization.

It will provide them with SR&ED accrual debt financing for between 12 and 36 months to hire more staff, fund working capital needs and execute their growth plan.

FinSMEs

15/02/2012

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