Canadian entrepreneurs are amongst the best in the world at starting companies. But we are not as renowned for scaling them into global leaders. For many firms, a lack of patient minority capital support and experienced guidance has seen them sell too early -- and give up control -- because this growth capital gap has limited their options. The newly-created Canadian Business Growth Fund (CBGF) has a national mandate to bridge that gap and give Canadian entrepreneurs a better opportunity to scale up, keep control, and win on the biggest stages.
The CBGF’s CEO, George Rossolatos, will share the story of the Fund’s emergence, its early success in backing entrepreneurs across Canada and describe the critical role we all play – both personally and with policy -- in helping Canadian entrepreneurs to “think bigger”.
Following the remarks, George will be joined by Mike Tremblay, CEO of Invest Ottawa, for a fireside chat.
About George Rossolatos:
George Rossolatos has over 20 years’ experience as an investor, entrepreneur, and leader. He is responsible for the strategic direction and management of the Canadian Business Growth Fund.
George joined the CBGF as its founding CEO in 2018, bringing a passion to help entrepreneurs across Canada grow their companies and ‘think bigger’. Before joining the Fund, George was CEO of Avante Logixx Inc. (TSXV:XX) from 2010 -2017. As an investor and operator at Avante, his mandate was to determine the company's strategic direction and vision and execute the go forward plan which included an operational turnaround
Prior to Avante, George worked in the private equity industry for 10 years. He was a partner and co-founder of TorQuest Partners Inc. a mid-market Canadian private equity fund from its inception in early 2002 until 2010. George’s previous roles included experience as an investment principal at Harrowston Inc., a publicly traded merchant bank, and five years with Ernst & Young LLP in his home town of Ottawa managing a group focused on middle market companies.
As a Chartered Public Accountant (CPA - Ontario), George holds an MBA from the Kellogg School of Management and a B.Com. (Honours) from Queen’s University. He was recognized in 2007 as one of Canada's Top 40 under 40 and is a member of the Young Presidents' Organization and a past member of the Entrepreneurs' Organization.
About Mike Tremblay
Michael Tremblay joined Invest Ottawa as President and Chief Executive Officer in March of 2017. Mike’s mandate was later expanded to include Bayview Yards.
Prior to joining Invest Ottawa, he was the Vice President of Public Sector for Microsoft Canada from April 2007.
Mike has 34 years of sales, marketing, operations and general management experience, with considerable experience serving public sector clients. Mike has also held senior executive positions with SAP, Fujitsu Consulting, JDS Uniphase, EDS Systemhouse and Digital Equipment Corporation – principally across Canadian, American and Latin American markets.
He has an MBA from Concordia University in Montreal and is a graduate of Computer Technology from Algonquin College. Michael completed the Directors Education Program and is ICD.D certified with the Institute of Corporate Directors. Mike was recently appointed as a director with the Institute on Governance. From 2004-2017, Michael served as a member of Algonquin College’s Board of Governors and served as Chair of the College’s Foundation Board. Michael is an active member of the Audit and Corporate Services Committee and has previously served on the Advocacy Committee with the Children’s Hospital of Eastern Ontario.