Press Release: Investor ecosystem to convene in Vancouver for National Angel Summit


October 3, 2016

The National Angel Capital Organization’s largest event to date kicks-off Oct 4-6, 2016

Toronto, Canada – Over 400 angel investors, industry partners, supporters, and startup founders will meet in Vancouver this week for the 2016 National Angel Summit. The goal this year is to gather the investor ecosystem to meet and discuss how to continue to drive Canada’s Innovation Agenda.

Hosted by the National Angel Capital Organization (NACO), the Summit is the flagship event for the angel investor community and one of NACO’s most notable contributions to entrepreneurship.

In 2015, NACO angel groups increased their investment dollars by 47.6% from 2014’s $90.5 million to $133.6 million. Without opportunities such as the Summit, the Canadian risk capital ecosystem cannot continue growing to reach its full potential.

Sean Stanleigh, Managing Editor of The Globe and Mail’s Globe Edge Content Studio and Co-Founder of The Entrepreneurship Society, will be this year’s emcee. The Elite Sponsor of the event is the Vancouver Economic Commission.

Awards Program

In addition to panels, presentations, and networking, the National Angel Summit boasts its Entrepreneurial Program, designed to showcase Canada’s startup talent. The winner of the 2016 Summit’s Entrepreneur Showcase will be awarded the title of NACO’s Most Promising Startup of the Year.

NACO’S prestigious Canadian Angel of the Year Award, presented by BDC Capital, will also be awarded at the Summit. This title is given to an experienced angel investor who has made a significant contribution to the development of the Canadian angel ecosystem over the last year.

The National Angel Summit takes place October 4-6, 2016 in Vancouver. For a complete list of Summit speakers, more information about NACO, or to purchase tickets, please visit


Media Inquiries

For more detailed data and/or to arrange an interview with NACO’s CEO Yuri Navarro, please contact:

Arleigh Vasconcellos                                          Vanessa Wilson
[email protected]                                  [email protected]
(403) 561-4810                                                 (416) 581-0009 Ext. 4

About the National Angel Capital Organization

The National Angel Capital Organization accelerates a thriving, early-stage investing ecosystem in Canada by connecting individuals, groups, and other partners that support Angel-stage investing. NACO provides intelligence, tools and resources for its members; facilitates key connections across networks, borders and industries; and helps to inform policy affecting the Angel asset-class. For more information please visit or follow us on Twitter @AngelCapCanada.


Canadian Angel Investors

  • 32 Angel groups across Canada, representing 1,650 active Angels made 283 investments amounting to $133.6 million.
  • NACO angel groups increased their investment dollars by 47.6% in 2015 from 2014’s $90.5 million to $133.6 million.
  • A majority of Angels (67%) are located in Central Canada, with 28% in Western and 5% in Eastern Canada.
  • The average deal size was $1.16 million, stabilizing around 2014 figures.
  • 63% of funding falls within 2 sectors: ICT (information-communication technology) and Life Sciences (health related companies).
  • 75% of the deals are syndicated, involving capital outside the Angel group and receive more investment.
  • 57% of syndicated deals involved syndication with other Angel investors, 9% involved syndication with Venture Capital.
  • 12 positive exits were recorded of which six were M&As, two were an IPO, and four were sales to new or existing shareholders.
  • Central Canada continues to be the hotspot for Angel investment activity with 71% of investments made in the area.

Funding Success Funnel in 2015

  • 4473 startups applied for Angel Funding
  • 1139 companies presented*
  • 407 companies went through due diligence
  • 283 companies were funded


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