RH Accelerator Inc. of
London has entered into a strategic alliance with Ontario Agri-Food
Technologies (OAFT) to fund and help emerging companies in the food and
agriculture sectors.
RH Accelerator launched last year to recruit experts to help
fund and mentor early-stage companies, especially those in agriculture and
food.
“We are excited
about adding OAFT’s 23 years of knowledge, network and reputation to our
founder programming already being delivered to the RHA companies.“ said Joe
Dales, co-founder of RH Accelerator Inc.
“While RH
Accelerator is a relatively young company, we have made almost 20 investments
and our new private virtual community has grown to over 500 members – founders,
mentors, investors and business professionals.”
RH Accelerator
Inc. is currently raising a private RHA fund with accredited investors using
the Angelist.co system
so it can invest in early-stage innovative companies.
Tyler Whale,
president of OAFT, said “we are looking forward to working with the experienced
RH Accelerator team to expand our impact and enable more companies to gain
access to needed resources such as financing, highly-accomplished mentoring,
deep business intelligence and expanded networks in our collaboration with RH
Accelerator. The combined resources will significantly improve the growth
prospects and probability of success for early stage innovators.“