Northern Ontario Angels has been named as the #1 Angel Organization in Canada for the past 5 to 6 years, but this year have been named the #1 Angel Organization in North America.
This announcement comes from the 2018 Angel Funders Report conducted by the Angel Capital Association, of which NOA is a standing member. The collecting data of the Angel Funders Report was from 68 angel groups across the United States and Canada says a news release from the group.
Northern Ontario Angels has closed 275 deals worth a total of $387,670,200. Investors invested $125,650,000. Entrepreneurs invested $73,998,000 plus $46,082,200 in government and other funding plus $132,615,000 from conventional sources and $9,325,000 from other Angel Groups. NOA entrepreneurs have created over 3,000 full-time jobs across northern Ontario.
The non-profit organization is made up of Board of Directors from across the North, chaired by Chris Winrow of North Bay.
NOA Executive Director, Mary Long-Irwin states that she has support from part-time consultants covering Sudbury, Sault Ste. Marie, North Bay, Kenora and Timmins/Kapuskasing. The Consultants also recruit accredited investors to join NOA through an application process. There are no fees to apply to become a member of NOA.
“We are very proud to be named the #1 Angel Organization in North America," says Winrow, "This accreditation has put NOA on the map of connecting our Northern Ontario Entrepreneurs to the World."