2021 Report on Angel Investing in Canada

I N V E S TME N T ACT I V I T Y I N 2 0 2 0 I nves tment s

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we need a coordinated pan-region- al investment effort to ensure that entrepreneurs have access to the resources they need to scale and succeed. Greater national coordina- tion and connectivity will lead to in- creased capital for startups and will facilitate the development of strong and inclusive networks that support Canada’s entrepreneurs, driving in- novation and creating jobs in local communities.

tions surveyed across Canada also reported that collaborative due dil- igence resulted in more syndication at the local and national level. Addi- tionally, portfolio diversification was cited as an important shift to foster cross-national syndication. As we turn the chapter on an uncer- tain time, it is important to recog- nize that for Canada to rebuild and emerge from this crisis stronger,

With a virtual shift, the possibility for collaboration has skyrocketed. VANTEC also noted the increased focus on sector-based syndication as a motivator behind increased syndication. They added that due diligence collaboration between funds and angel investors is a best practice and merging the crowd- funding and early-stage investment ecosystems could lead to more syn- dication. Angel investor organiza-

202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape

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