Over 200 community members gathered at the Kelowna Innovation Centre for the fifth Annual OKGN Angel Summit Finale last night.
After 10 fast-paced weeks of capital training, multiple pitches, investor meetings, and due diligence, Brad Pommen, President & CEO of SMRT1 Technologies, was awarded the $225,000 investment fund.
Located in Nelson, B.C., SMRT1 specializes in interactive smart dispensing solutions for healthcare products and medical supplies.
This is the second year in a row that a Kootenay company has won the Summit investment. Last year Sami Majadla of CertiCraft took home a $150,000 investment.
“Five years ago we came here [OKGN Angel Summit] for some of the training sessions and meet all the wonderful people in the community along the way. That’s who’s invested in us, whether that was their time attention, or dollars. This ecosystem is so amazing to have” said Brad Pommen.
Accelerate Okanagan designed the OKGN Angel Summit is to help bridge the gap in our ecosystem and create more connections between companies looking for growth capital and investors looking for investable companies.
Since its inauguration in 2019, the OKGN Angel Summit has supported over 200 companies as well as 98 investors who have directly invested over $800,000 through the Summit program.
Tonit’s Jason Lotoski took home the People’s Choice Award. Tonit is a social platform that connects motorcycle riders and enthusiasts to a community of like-minded people.
“I want to thank the amazing community we have here to support the Okanagan tech startups, especially on it. I wouldn’t be here today if it wasn’t for Accelerate Okanagan and some of the mentors and investors” said Jason Lotoski.
Now in its fifth year, the OKGN Angel Summit attracted over 45 companies from across Western Canada, and 43 Okanagan-based investors, making it the largest summit, and the largest investment fund to date.