The Windsor Essex Capital Angel Network (WECAN) is a network of investors who provide investment funding to startup and early stage businesses. WECAN Investors are typically high-net-worth individuals who invest personal funds at arm’s length in businesses owned and operated by unrelated individuals, a model known as “Angel Investing”. The personal funds are invested on a long-term basis in exchange for repayable or convertible debt or equity in the company. To participate, these individuals must be recognized by the Ontario Securities Commission as an “accredited investor”, as defined by the Ontario Securities Commission’s Rule 45-802.
WECAN is a Member of NACO – Network Angel Capital Organization (Canada) and AIO (Angel Investors Ontario).
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