2021 Report on Angel Investing in Canada

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Looking Forward Preface

W e have called this year’s report The Changing Landscape not only because we want to cele- brate increasing diversity across the early-stage invest- ment community, but because we think building back better means building differently. In 2020, we cele- brated the launch and growth of initiatives and orga- nizations to engage a new community of investors and create new pools of capital for historically underrepre- sented and underserved entrepreneurs. One such ini- tiative is The Black Presidents Club, a group of business leaders charged with investing in, guiding and champi-

oning young Black entrepreneurs, launched in partner- ship with the Bay Mills Investment Group. There is much to celebrate and so much more to do. The early-stage capital ecosystem provides more than just investment dollars. These investors provide pa- tient capital, mentorship and network access to grow- ing companies in local communities across Canada. By increasing the diversity of our investor community, we can create more equitable and accessible environments for Canada’s entrepreneurs.

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

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