Northern Ontario Angels Investment Program

Amount:

no fixed amount

Type:

Investment

Description:

Northern Ontario Angels (NOA) is a not for profit corporation that facilitates essential business connections between Northern Ontario’s entrepreneurs and accredited angel investors. The foundation of this network was developed to take Northern Ontario businesses to the next level and stimulate investment and economic development in the region.

Comments on Funding:

No other details available.

Deadline:

Currently accepting applications

Eligibility:

Applicants’ business must:
1. reside in Northern Ontario;
2. be investment-ready.

Approximately 50% of the deals are in technology companies.

Application Steps:

1. Entrepreneurs from Northern Ontario can submit their application online at www.northernontarioangels.ca.
2. The Executive Director reviews all applications and introduces successful applicants to their local NOA Consultant. The NOA Consultant helps the applicant Entrepreneur understand the investment process, giving them tools needed to become investment ready.
3. When the Entrepreneur is ready, a public or private pitch event is organized where the Entrepreneur presents to Investor members in attendance. The presentation is also recorded for absent members to view, and the details of this opportunity is placed on the NOA private Investor portal.
4. Non-Disclosure Agreements are signed by both Entrepreneurs & Investors. NOA matches the Entrepreneur with the Investor(s) and they make their own legal arrangements to complete the investment. NOA takes no fees from the companies and all Investors are responsible for their own investments.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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