INVESTMENT ACTIVITY IN 2022 The Financing Funnel
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ability they will ultimately decide to invest. This empha- sizes the importance of providing investment readiness training for entrepreneurs prior to making their pitches.
preneurs is therefore to avoid being rejected at the pre- sentation stage: if investors see sufficient strengths in the initial presentation or pitch to warrant a detailed in- vestigation of the business, there is a much higher prob-
Presentation, Funding and Application Rates TABLE 6
2014 (n=21)
2015 (n=27)
2016 (n=30)
2017 (n=37)
2018 (n=19)
2019 (n=13)
2020 (n=24)
2021 (n=26)
2022 (n=26)
Presentation rate 1
24%
30%
30%
14%
17%
9%
40%
20%
20%
Funding rate 2
33%
21%
26%
41%
51%
26%
16%
27%
35%
Application success rate 3
8%
6%
8%
6%
9%
2%
5%
5%
7%
Notes: 1 The ratio of presentations to applications 2 The ratio of presentations that result in funding 3 The ratio of applications that attract funding
2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA
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