2022 Report on Angel Investing in Canada 110822

INVESTMENT ACTIVITY IN 2021 Spotlight on Ontario’s Market Readiness Co-Investment Fund

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for high potential start-ups to commercialize game-changing technologies, hands-on training and skills development opportunities for students and recent graduates OCI’s Business Development (BD) team works closely with angel investors and angel groups across the province of Ontario and nationally, developing a pipeline of the “best-of- the-best” investment opportunities and connecting investors with high potential start-ups. Through the Market Readiness (MR) Co-Investment Fund, OCI co-invests with angel and other investors in early-stage Ontario-based start-ups with competitive IP commercializing

transformative technologies to support their growth into scalable businesses. This investment de- risks the opportunity, helps the start-up become investor and customer ready, and attracts private sector co-investment and follow-on investment. On behalf of the government of Ontario, the Market Readiness Co- Investment Fund supports Ontario- based early-stage technology companies that are raising pre-seed and seed investment rounds.

BY ONTARIO CENTRE OF INNOVATION

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