First Stone Venture Partners | PELA CFDC


Jun 25, 2017
News and Events
MP Ellis Announces $2.7M in Venture Capital for Tech Firms in PEC
Picton, Ontario, October 14th, 2016 – Neil Ellis, Member of Parliament for the Bay of Quinte Riding, today announced investments totaling $2, ...Full Story
Friday, October 14
Four Lennox & Addington County Businesses Receive EODP Support
October 28, 2016 – Lennox & Addington County The Prince Edward/Lennox & Addington Community Futures Development Corporation (PELA CFDC) and ...Full Story
Friday, October 28

First Stone Venture Partners

FSVP , First Stone Venture Partners is a venture partnership founded by entrepreneurs who have invested their own capital in a fund to help grow early stage technology businesses. Our goal is technology-based innovation in rural communities. We are raising $5M to make 25 investments in new start-ups over the next three years.

Our Team -

Is diverse, built on experience and achievement. We have been serial entrepreneurs and worked in multiple sectors – in Silicon Valley and with Fortune 100 clients. We have built successful businesses and been business leaders. We have experience in IT-architecture, commercialization of research, corporate law, and corporate/government communications. And we have many years experience as successful entrepreneurs.

Guiding Principles

Our Vision is of First Stone Venture Partners incubators across the country, led by the private sector, supported by communities, and offering superior investment returns. As social entrepreneurs, we seek to create economic diversity, entrepreneurial success, and enduring investment returns through technology-based new business start-ups. We value integrity, hard-work, fairness, social responsibility, and capital – both people and money – we like to get the best out of them and hate to waste creativity and resources.

“Dealing with the EODP was incredibly easy and the process required minimal time.  Staff was very helpful." - Howard Mahon, Wilton Tack
“Without PELA CFDC's support we would not have had the ability to take those much needed first big steps. You believed in us at a time when few did.” - Quincy Emmons, Fire X Protection
“We recommend the EODP funding to any business that believes in continuous improvement and development, and who is looking to fast forward business growth.” - Angela Lees, Calderwood Automation
"The connections I made and support system that was available during and after the program really helped. - Renia Tyminski, Hallowell Gardens Centre
"The in class portion of the Ontario Self Employment Benefit Program was the most beneficial for me... I was given the resources and one-on-one guidance I needed to map out a successful plan. - Rob Fenwick, Former SEB Client