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.
Topic: Innovation and Skills Plan
The rank and file at the National Research Council will have their voices heard at the federal Cabinet table this spring following an internal consultation that identified ways in which the agency can best support Canada’s innovation priorities.
Opinion is decidedly split on the federal government’s delivery of its promised innovation Budget. The March 22 budgetary planning document contains a wide range of measures related to skills, company financing, program consolidation and clean technology.