{"id":7041,"date":"2012-09-21T16:10:15","date_gmt":"2012-09-21T20:10:15","guid":{"rendered":"https:\/\/cyclecapital.creatures.ca\/2012\/09\/21\/launch-pad-cycle-c3e-a-new-source-of-financing-for-early-stage-companies-developing-clean-technologies\/"},"modified":"2012-09-21T16:10:15","modified_gmt":"2012-09-21T20:10:15","slug":"launch-pad-cycle-c3e-a-new-source-of-financing-for-early-stage-companies-developing-clean-technologies","status":"publish","type":"post","link":"https:\/\/cyclecapital.com\/en\/2012\/09\/21\/launch-pad-cycle-c3e-a-new-source-of-financing-for-early-stage-companies-developing-clean-technologies\/","title":{"rendered":"Launch Pad Cycle-C3E\u2019, a new source of financing for early stage companies developing clean technologies"},"content":{"rendered":"

At the annual meeting of Anges Qu\u00e9bec, Cycle Capital Management (CCM) Inc. announced the new Launch Pad Program, as part of the Cycle-C3E Seed Fund\u2019s activities. This measure allows Cycle-C3E to invest, under certain conditions, an initial amount of up to $ 75,000 in a business that has submitted a Cleantech project demonstrating commercial potential but does not yet qualify for a more significant investment. The program\u2019s main objective is to support third party validation of the technology and intellectual property. In some situations, this approach could enable Cycle Capital to participate in angel investor rounds which are commonplace for businesses at this stage.<\/p>\n

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\u201cBy investing smaller amounts prior to more exhaustive analysis, this new approach allows Cycle Capital to shorten the time to complete an investment in promising files and increase the supply of readily available capital. For a seed stage company, the due diligence process is often too long for both entrepreneurs and angel investors who support them\u201d said Andr\u00e9e-Lise M\u00e9thot, Founder and Managing partner of Cycle Capital Management (CCM) inc.<\/div>\n
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Because angel investors play an active role in helping entrepreneurs launch and grow their businesses, Mr. Fran\u00e7ois Gilbert, President of Anges Qu\u00e9bec, welcomed this news. \u201cCleantech is a very important sector for our angel investors to participate in and this initiative will make it easier to position ourselves for the future.\u2019<\/div>\n
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The Cycle-C3E Cleantech fund began its operations in January 2011. \u00a0The fund\u2019s mandate is to invest in companies at the seed stage, i.e. that are not yet generating significant revenues from their technology, and require funding to complete development and commercial roll-out of their products and services.<\/div>\n
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About Cycle Capital Management (CCM) Inc.<\/div>\n
Cycle Capital is a pioneer among Canadian venture capital funds focused on the cleantech sector. The fund invests in companies developing and commercializing clean technologies and projects in renewable energy generation that are focused on reducing greenhouse gas emissions, optimizing resources use, and decreasing impacts over their entire life cycle.<\/div>\n
With nearly $125\u00a0million under management, Cycle Capital invests primarily in Northeastern North America. The fund has assembled a team of investment professionals, advisors and strategic partners, internationally respected for their combined experience in building, nurturing and growing world-class companies. Cycle Capital benefits from a privileged relationship with its strategic partners including Brookfield Renewable Power, Rio Tinto Alcan, Cascades, The Master Group L.P, Lonza, Gaz M\u00e9tro, Systemex Energies and the Centre d\u2019excellence en efficacit\u00e9 \u00e9nerg\u00e9tique C3E<\/div>\n
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\u2013 30 \u2013<\/div>\n
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Information\u00a0:\u00a0\u00a0\u00a0 Andr\u00e9e-Lise M\u00e9thot, 514\u00a0495-1022,\u00a0amethot@cyclecapital.com<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

At the annual meeting of Anges Qu\u00e9bec, Cycle Capital Management (CCM) Inc. announced the new Launch Pad Program, as part of the Cycle-C3E Seed Fund\u2019s activities. This measure allows Cycle-C3E to invest, under certain conditions, an initial amount of up to $ 75,000 in a business that has submitted a Cleantech project demonstrating commercial potential […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7041","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/cyclecapital.com\/en\/wp-json\/wp\/v2\/posts\/7041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cyclecapital.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cyclecapital.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cyclecapital.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cyclecapital.com\/en\/wp-json\/wp\/v2\/comments?post=7041"}],"version-history":[{"count":0,"href":"https:\/\/cyclecapital.com\/en\/wp-json\/wp\/v2\/posts\/7041\/revisions"}],"wp:attachment":[{"href":"https:\/\/cyclecapital.com\/en\/wp-json\/wp\/v2\/media?parent=7041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cyclecapital.com\/en\/wp-json\/wp\/v2\/categories?post=7041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cyclecapital.com\/en\/wp-json\/wp\/v2\/tags?post=7041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}