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
168
Key Facts
Actual $ Value of Investments
Initial Organiza- tions’ Total Target $ value of Invest- ments
% Change in com- parison to Orga- nizations’ Initial Targets
$ VALUE OF INVESTMENTS
$38,643,376
$16,460,000
135%
These figures substantiate the nar- rative that government investment can accelerate the growth of an entrepreneurial ecosystem and es- pecially the early-stage ecosystem. Angel investors play a foundational role for early-stage entrepreneurs, and without a strong foundation, it is difficult, if not impossible for the rest of the ecosystem to thrive. For this reason, it is important for pol- icy-makers to recognize the impor- tance that structured angel activity carries in relation to entrepreneur- ship, innovation, and job creation in Canada.
% Change in comparison to Initial Organizations’ Targets
SMEs ASSISTED
135%
BUSINESSES CREATED, MAINTAINED, OR EXPANDED
21%
JOBS MAINTAINED
42%
NUMBER OF INVESTMENT PITCHES
115%
NUMBER OF INVESTMENTS
200%
WCAN Impact
Actual
Target
1500
1000
500
0
SMEs Assisted
Businesses Created, Maintained, Or Expanded
Jobs Maintained
Number Of Investment Pitches
Number Of Investments
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
Powered by FlippingBook