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Investment Characteristics - Industry Sector 3.6
T his year’s report once again shows a geograph- ic imbalance in structured angel investment activity. Structured angel activity takes on a vari- ety of forms and provides entrepreneurs with access to angel investors who provide crucial mentorship, capital and networks to help companies scale and grow. Access to an angel investor was once near- ly completely predicated on knowing the right peo-
ple and having access to a certain kind of network. Structured angel activity removes these barriers, put- ting entrepreneurs in close proximity to angel investors from varying backgrounds with expertise across a vari- ety of sectors. Without structured angel activity, many entrepreneurs and particularly those from underrepre- sented communities, face barriers to secure the funding and guidance they need to grow their companies.
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
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