“The National Angel Summit is the flagship event for Canada’s Angel Investor Community. Our mission is to support Canadian Angels as they foster the growth of the next generation of innovative Canadian companies."
Quebec City, Canada (PRWEB) September 30, 2014
More than 200 Angels from across Canada will gather in Quebec City for the National Angel Summit this week.
The National Angel Capital Organization (NACO) is holding the largest gathering of Canadian Angel Investors. The three-day summit will focus on a diversity of topics highlighting the theme of accelerating the Angel Asset Class.
More than 200 Angels from across Canada will be in attendance. One of the goals of the Summit is to discuss the standardization of Angel Investing documents. “We hope to help institutionalize Angel Investing in Canada by tackling complex topics of interest to the Angel community.” Says Yuri Navarro. “We are trying to drive the creation of best practices and standards for investing.”
NACO and BDC have teamed up to recognize leading investors from the Canadian Angel community. The Angel of the Year, presented by BDC Capital will be awarded to the Angel that has most helped grow and develop the community through their efforts. The award will be handed out Thursday night. A newsrelease will have background on this year’s winner.
NACO and KPMG will also award the Most Promising Startup, presented by KPMG on Thursday night. Fifteen companies from across Canada will be pitching their business cases. The award recognizes the top company that has shown promising results to date and is ready for their next round to finance future growth. “The pitch competition is always a highlight at the Summit,” Navarro says. “The exposure for the companies is great, and past winners have gone on to raise funds from NACO members.”
“The National Angel Summit is the flagship event for Canada’s Angel Investor Community,” says Michelle Scarborough, Chair of the NACO Board of Directors. “Our mission is to support Canadian Angels as they foster the growth of the next generation of innovative Canadian companies”
October 1-3. 2014
Quebec City, Canada
Delta Hotel Quebec
690 Boulevard René Lévesque East
Media passes available upon request
Canadian Angel Investors – Highlights:
- 29 Angel groups made 199 investments in 2013 totalling $89.0 million
- Over 2,100 investors were represented, 40% in Western Canada, 5% in Eastern Canada, and 55% in Central Canada
- The top three sectors invested in by Angels continue to be Information and Communication Technology ($28.8 million), Life Sciences ($20.5 million) and Clean Technology ($7.5 million)
- An increasing number of Angels are leveraging investment into their portfolio companies by syndicating with other Angel investors (61%) and Venture Capital funds (32%)
About the National Angel Capital Organization
The National Angel Capital Organization accelerates a thriving, early-stage investing ecosystem in Canada by connecting individuals, groups, and other partners that support Angel-stage investing. NACO provides intelligence, tools and resources for its members; facilitates key connections and networks across borders and industries; and promotes a strong Canadian Angel investment asset-class. For more information please visit http://www.nacocanada.com or follow us on Twitter @AngelCapCanada.
Yuri Navarro, Executive Director National Angel Capital Organization 416-575-9689 media(at)nacocanada(dot)com
Michelle Scarborough, Board Chair National Angel Capital Organization 403-975-1089