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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A culture of innovation is a mindset that creatively embraces change.
petitiveness as prerequisites for capturing the moment at hand for inclusive economic and social bene- fit. By strengthening the early-stage ecosystem through policy mecha- nisms that mobilize angel activity, Canadian entrepreneurs will have a better foundation to lead the way in the creation of more ‘Made in Can- ada’ success stories.
To keep up and thrive in this global innovation race, a culture of inno- vation must be fostered by ensur- ing that entrepreneurs have access to critical capital and support from angel investors at the start of the in- novation continuum. A culture of in- novation is a mindset that creatively embraces change as an opportuni- ty. It deems agility, speed, and com-
Canada from the top three coun- tries is its ability to create unicorns and “highly popular” startups. Given the substantial interest of the pub- lic sector in the growth of the eco- system, and relative abundance of resources, there is no reason that Canada’s startup ecosystem should not take an even more substantial role in creating massive global hubs.
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
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