2022 Report on Angel Investing in Canada 110822

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Spotlight on Ontario’s Market Readiness Co-Investment Fund 3.8

BY ONTARIO CENTRE OF INNOVATION

O ntario is a financial powerhouse and a hotbed of Canadian innovation. In 2022, Ontario startups raised more angel funding than companies in any oth- er Canadian province, an outcome in line with its long- term track record of incubating industry-leading tech- nology firms. Ontario’s robust innovation pipeline can be viewed as a national model, from which learnings can be derived for application in fostering the growth of emerging innovation ecosystems.

Ontario’s Market Readiness Co-Investment Fund The Ontario Centre of Innovation (OCI) is a key partner to industry, colleges and universities, government, and the investment community, bringing together potential collaborators to catalyze innovation and helping companies complete the journey from technology development to successful commercialization and market entry. OCI programs provide funding for industry- academic R&D collaborations, seed financing

2022 ANNUAL REPORT ON ANGEL INVESTING IN CANADA

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