Oct 18, 2022
For the first time in NACO’s history, the organization has leveraged its international platform to spotlight the achievements of 27 women trailblazers at the forefront of Canada’s innovation economy.
NACO, in collaboration with leading academics, investors, and entrepreneurs, has released its 2022 Report on Angel Investing in Canada. The report analyzes Canadian angel investment totaling $262.1 million, a record recovery from 2020’s pandemic low of $102.9 million.
For the first time in NACO’s history, the organization has leveraged its international platform to spotlight the achievements of 27 women trailblazers at the forefront of Canada’s innovation economy.
NACO has identified a remarkable achievement: a 50% increase in women’s participation in angel activity since 2019.
In another historical first, a coalition of senior leaders from across the innovation economy contributed to the development of the report, including a unicorn founder, venture capitalists, and senior corporate leaders.
To maximize its impact on Canada’s innovation economy, NACO’s annual report will be distributed to over 20,000 recipients, including investment organizations, academic institutions, and international trade embassies.
To address challenges identified in conducting the research underlying its report, and build a better Canada, NACO will be announcing the launch of numerous transformative initiatives over the next twelve months.
