2021 Report on Angel Investing in Canada

P R E FAC E Cr ea t i ng Pa t hways t o Canada

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We need more success stories like ApplyBoard, the $4 billion edtech unicorn company founded by brothers Martin, Massi and Meti Basiri from Iran. ApplyBoard, established inCanadaunder theStart-upVisaProgram, offers a proprietary online platform that helps match students with institutions and assists them with each step of the application. Students can apply to multiple schools at once through ApplyBoard’s standardized application. ApplyBoard has created more than 900 jobs and has helped 150,000-plus students apply to educational institutions worldwide. With new targeted programming to better support our network of angel organizations, incubators and accelerators, Canada will be well-positioned to attract more newcomer en- trepreneurs to build their high-growth, job-creating businesses here in Canada.

$4billioncompany. 900 jobscreated. 150,000+ students helped.

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

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