EXECUTIVE SUMMARY 2023 Investment Prospects
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as the Government of Canada's Women Entrepreneur- ship Strategy are increasing the quality of education and training programs for entrepreneurs and aspiring angel investors, which will contribute to a greater num- ber of investment-ready founders in the years ahead and thereby help to attract more investment capital to the market.
However, it is recognized that the rapid growth in in- vestment activity and valuation in 2021 and early 2022 was unsustainable and a correction was necessary. And there are some positive developments that temper the current pessimism. The layoffs by ‘big tech’ are alleviat- ing the talent constraints on startups. Moreover, there are emerging trends and sectors that may offer attrac- tive investment opportunities for angel investors in 2023, specifically in sustainable energy, clean technol- ogy, and digital health technology. And initiatives such
MATT SKYNNER (VENTURE LABS), RAYMOND CHIK, JULIA ELVIDGE (SHEBOOT), AND CLAUDIO ROJAS (NACO) AT HARDWARE ANGEL NETWORK'S LAUNCH (COLLISION 2023)
2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA
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