Angel Fund

The Angel Fund

 Angel Fund

Sprott-Shaw Community College encourages students to develop their own businesses by offering up to $50,000.00 (CDN) in seed money. This money is offered based on a business plan developed by students while taking their BBA at Sprott-Shaw. The Sprott-Shaw faculty act as mentors and coaches, guiding students through the development of these business plans, as well as potentially offering counseling in new or ongoing businesses. Students may develop their business plan while taking the BA4600 Research Seminar or at any time during their BBA studies.


All business plans are evaluated by a panel. The student’s business plan must summarize the business idea, assess the competition, provide financial projections, and detail the operating requirements of the venture. A formal presentation is also required. The Angel Fund Board may decide to fund none or all ventures presented based on the availability of funds, the quality and the financial requirements of the business proposals.


Students may submit only one business plan per Angel Fund panel and may only compete for the venture funds in the last year of their BBA studies or as a successful graduate at anytime within 20 years after having graduated, provided the project is still in effect. Sprott-Shaw does not usually provide bridging funds (seed money to seek more money) unless the business idea is a compelling one. The venture funds are provided only after the student has graduated from the BBA program.