Federal Government - Canadian Northern Economic Development Agency (CanNor) The federal government and Regional Development Agencies (RDA’s) can be a significant catalyst in the development of a strong angel investor community. Regional economic development in Yukon is led by the Canadian Northern Economic Development Agency (CanNor) – “CanNor fosters growth and development in the North by delivering economic development programs and by collaborating with and aligning the efforts of partners in northern and southern Canada to respond to economic challenges and opportunities in the North.” (7)
Areas of Opportunity:
Financially support the development of an angel investor community, Angel Group, and Angel Fund over five years as part of the Pan-Territorial Growth Strategy in collaboration with other levels of government. Explore the opportunity to create a co-investment or “matching funds” initiative to encourage angel investment and increase impact for entrepreneurs. Ensure collaboration between investors in the northern territories and other parts of Canada by engaging with NACO to support development on an ongoing basis.
Ensure new and existing programs and systems are complementary to those offered by other levels of government.
(7) Government of Canada 2018. CanNor: What We Do. Retrieved on August 28, 2020 from https://www.cannor.gc.ca/eng/1381320711612/1381320727939
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MOBILIZING ANGEL ACTIVITY IN YUKON
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