Formalize
Depending on deal flow volume and based on an evaluation of investment activity metrics, there may come a point at year three of the project or later when the angel investors can be formalized into an Angel Group. This Group may be a standalone entity following the example of Northern Ontario Angels (see Case Study in Resources section) or as a joint venture and/or local chapter of NACO. The latter option allows for more streamlined governance and lower overhead costs. Following the formulation of a formal Angel Group, an Angel Fund can be created to further increase the investment capacity of the region.
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MOBILIZING ANGEL ACTIVITY IN YUKON
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