Vaughan based startup, BizON Incorporated, recently secured $270,000 in seed round investment with a strategic partner in order to engage with a premium agency, Impact North. “Not only does this investment provide us with the resources we need, but it also gives us the marketing power, advice and guidance in order to continue the momentum of BizON’s growth”, says BizON CEO, Nunzio Presta.

In addition to this investment, BizON had previously obtained a $50,000 angel investment back in 2015, which played a pivotal role in allowing the company to build a solid foundation and brand that has attracted close to 5,000 active users and connected more than $250 million dollars worth of businesses and franchises. BizON remains committed to creating a top of mind business & franchise for sale marketplace and a go-to community where entrepreneurs can buy or sell; franchisees can buy or sell; franchisors can attract franchisees & business brokers can buy or sell for clients. BizONs goal is to provide unparalleled resources and support during the entry, growth and exit stages of their users’ businesses or franchises around the world.

“We have positioned ourselves as a community that believes in the power of entrepreneurship and being a small business or franchise owner” says Presta. “We have also become an authority in providing content, advice and guidance for millennials looking to transition from their 9-5 in order to acquire a business or franchise, and we are continuously educating baby boomers about how to build a valuable and sellable business. These conversations are extremely important in light of the increasing popularity of people wanting to be their ‘own boss’ and baby boomers looking to retire and sell.”

BizON is a team made up of 7 skilled professionals. Their passion, expertise and aligned vision for BizON combine to bring Presta’s online marketplace to life with efficient functionality and a positive user experience; making the process of buying or selling a business or franchise, simple, stress free and successful. 

ventureLAB is where talented entrepreneurs bring their innovations to market and is a partner in StartUp HERE Toronto.