Sudbury Catalyst Fund

Overview

The Sudbury Catalyst Fund is a $5 million venture capital fund administered by the Nickel Basin Federal Development Corporation in collaboration with the City of Greater Sudbury, FedNor, and NORCAT. Established to accelerate the growth of scalable tech start-ups, the fund aims to build Northern Ontario’s entrepreneurial ecosystem by investing in and supporting a diversified portfolio of high-growth companies. The fund co-invests in early-stage tech companies across multiple sectors, including mining, construction, forestry, medtech, software, and advanced manufacturing. It primarily focuses on ventures with cumulative revenues and capital raised equating to less than $1 million since inception. The Sudbury Catalyst Fund invests up to $250,000 on a 1:1 matching basis, co-investing in two to three ventures per year. Administered by the Nickel Basin Federal Development Corporation, the Sudbury Catalyst Fund collaborates with NORCAT, the City of Greater Sudbury, the Greater Sudbury Development Corporation, and FedNor. The fund is focused on unlocking angel capital via co-investing in early-stage tech companies with high growth potential. Investment decisions are made by an Investment Committee comprising angel investors, venture capitalists, community business leaders, and entrepreneurs from diverse sectors and backgrounds. The committee evaluates potential investments based on the company's growth potential, innovation, and alignment with the fund's objectives. For more information about the Sudbury Catalyst Fund, visit their official website.

Investment Focus

• Co-investment with angel investors
• Commitment to operate majority of operations in Greater Sudbury
• Cumulative revenues and capital raised less than $1 million since inception

Portfolio Companies