Within Western Canada, AVAC Ltd. is a unique investment company with considerable experience addressing the three key challenges for successful early-stage investing: garnering investor interest, attracting strong senior management, and building critical mass of like businesses.
For the past fourteen years AVAC has been a direct investor in over 115 early-stage commercial businesses based in Alberta, over 50 agricultural research projects and programs, and as an indirect investor (Limited Partner) in three national venture capital funds. Since inception, AVAC has invested over $118 million, with its portfolio companies reporting in excess of $688 million in related sales to date. In 2010, AVAC's current portfolio of 65 companies also reported an annual payroll of $63 million.
Created in 1997 to stimulate and enhance the research and development capacity of the Agribusiness value-add sector, facilitate the effective utilization of the research and development capacity, and assist with the commercialization of innovative value-added products and services in Alberta’s value-added agriculture industry, Today, AVAC invests in: early-stage value-added agribusiness companies and agriculture research; information and communications technology companies; life sciences and industrial technology companies; and early-stage venture funds.
They see things traditional investors may overlook
"We consider AVAC a strategic ally who brings ideas, offers perspective and challenges us to rethink our assumptions."
~ Michael Stangel, President and CEO, Botaneco Inc.
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On February 15, 2013, a special announcement was made at the IntelliView head office. The Minister of Public Works and Government Services, Rona Ambrose announced that the Government of Canada has awarded IntelliView with a contract for $564,533. The contract was awarded by the Canadian Federal Government for its pre-qualified innovation through the Canadian Innovation Commercialization Program.Fourth Time Recognized as Industry Leading Social Advertising & Publishing Pioneer 33Across, the leading social sharing and content discovery platform, today announced that it has been chosen by AlwaysOn as one of the OnMedia Top 100 winners.“I believe iConnectMIDI4+ deserves the Best of Show distinction, and not just among the iOS related goodies. Sure, Korg's MS-20 mini is impressive, and at an unbelievably low price, but their iMS-20 app beats it in my mind for the workflow advantage of having presets! The iConnectMIDI4+, on the other hand, is offering something totally new and seriously innovative.”