Angel Networks across Canada Disrupt the Investing Community on Global Business Angels Day

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NACO launches cross-Canada campaign highlighting founder/funder stories

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"Investing in business innovation has been a game-changer in the world of early-stage financing. It has invented angel investors to become more engaged with innovative start-ups and has allowed our organizations to build critical mass and momentum."

NOVEMBER 20, 2014 - Thursday, November 20th is Global Business Angels Day, an initiative of Global Entrepreneurship Week. Angels across the country are participating in local events, competitions, programs, and research in an effort to disrupt their regional entrepreneurial ecosystems.

National Angel Capital Organization (NACO) is launching a cross-Canada campaign to champion angel investors and the successful entrepreneurs they work with. Over 14 Angels from the west coast to the east coast will be speaking to media about angel investing.

From Vancouver where a new Angel group is launching a new initiative helping connect talent and $, to Saskatoon where a company was days away from closing its doors and an Angel stepped in to help the company grow significantly. Big news in the GTA where the York Angels and Maple Leaf Angels are celebrating a successful exit for the company Shiny Ads. The East coast has great stories in Halifax and Newfoundland.

Highlights:

  • 29 Angel groups made 199 investments in 2013 totaling $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 - Toronto, ON:
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 them on Twitter at @AngelCapCanada.

About Global Entrepreneurship Week:
During one week each November, thousands of events and competitions around the world inspire millions to engage in entrepreneurial activity while connecting them to potential collaborators, mentors and even investors. In six years, Global Entrepreneurship Week has expanded to 150 countries—building and strengthening entrepreneurial ecosystems around the world. Powered by the Ewing Marion Kauffman Foundation and sponsored by Dell, the initiative is supported by dozens of world leaders and a network of roughly 10,000 partner organizations. For more information, visit http://www.gew.co or follow them on Twitter at @unleashingideas.

Contact Melissa Durrell at 519-500-4408 or Yuri Navarro for more information.

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Melissa Durrell
Durrell Communications
+1 519-500-4408
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