2021 Report on Angel Investing in Canada

T H E I N V E S TME N T E N V I RONME N T The Impo r t ance o f S t r uc t u r ed Ange l Ac t i v i t y and Gove r nment Suppo r t

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NACO Case Study

BY NAT I ONA L ANG E L CA P I TA L ORGAN I Z AT I ON

Capital Fuels Business Scale-up

capital at the crucial early stages of the innovation con- tinuum, many creative leaders will struggle to bring their ideas to life and the potential economic and societal im- pact of their innovations will not be realized.

One of the most important pathways in the entrepre- neurial journey is the pathway to capital. Capital fuels business scale-up, helping entrepreneurs commercial- ize new innovative products and services, expand to new markets and grow their teams. Without access to

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

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