P R E FAC E Cr ea t i ng Pa t hways t o I nves t i ng
According to 2021 data, 1 Canada (11,010) ranks fifth on global high net worth population scale (defined as individuals having greater than $30 million USD in net worth), behind the United States (101,240), Chi- na (29,815), Japan (21,300) and Germany (15,435). In Canada, if these individuals were to invest a mere 1.2% of their aggregate $1.2 trillion into local startups, we would mobilize nearly $14 billion of investment to sup- port our country’s entrepreneurs. More than capital, these individuals would bring mentorship, relation- ships, and access to growth networks. Of the many vehicles we are leveraging to introduce early-stage investing to a new community of potential investors, we are excited about the upcoming release of NACO’s Pathways magazine – Canada’s only print publication at the intersection of innovation, capital and entrepre- neurship.
1 http://go.wealthx.com/world-ultra-wealth-report-2021
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
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