Organization: National Angel Capital Organization

Fed-Dev Ontario Announces Funding for Ontario Angel Networks

The federal government is providing new funding for angel investments in Ontario. Mary Ng, Federal Minister of Small Business and Export Promotion, made the official announcement on September 26 as she was participating in a panel discussion on angel investments at the National Angel Capital Organization’s World Angel Investment Summit. Up to $1.5 million will…

Angel investment growth continues in 2016 but policy concerns remain unaddressed

The National Angel Capital Organization (NACO) is waiting for a federal policy response to its recommendations to stimulate the investment class as it reports a 15% year-over-year increase of its members’ investment activity for 2016. NACO members comprised of 34 distinct angel groups invested $157.2 million, up from $133.6 million in 2015 when 31 groups reported and the fourth consecutive year of increases.

NACO selects angel of the year

The National Angel Capital Organization (NACO Canada) has selected Mike Cegelski as the recipient of this year’s Canadian Angel of the Year Award. Cegelski is a Quebec-based angel investor and mentor through Kouraje Management Inc, investing in more than 30 Canadian and US firms in the past five years. Prior to becoming an angel, he…

FedDev gives $2 million to angel groups

The Federal Economic Development Agency is giving $1.8 million to two angel investor umbrella groups. The funding goes to the National Angel Capital Organization and the National Angel Organization of Ontario. The remaining $200,000 will be split over four city-based angel organizations in Kingston, Vaughan, Cambridge and Collingwood ON….