NACO launches programming in Alberta as part of latest push into province
The National Angel Capital Organization (NACO) has launched its programming, focused on increasing access to capital opportunities for entrepreneurs, in the province of Alberta.
The initiative, called Pathways to Capital, represents NACO’s latest push into the province’s startup ecosystem, which has undergone many changes over the last few years.
“The Pathways platform we have created is one that can be replicated in other regions across the country.”
Pathways to Capital is supported by a $500,000 federal government investment, as well as an investment of $100,000 from the Alberta government. Though NACO’s initial focus will be to offer Pathways to Capital in Alberta, it plans for the initiative to be national in the coming months.
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Winnipeg Free Press
Joelle Foster, CEO of North Forge: ‘I want to do this right.’
Over the years, North Forge Technology Exchange has helped more than 200 companies get off the ground but it has never really had capacity to point its founders to a ready source of capital… until now.
Over the years, North Forge Technology Exchange has helped more than 200 companies get off the ground but it has never really had capacity to point its founders to a ready source of capital… until now.
More than 100 people attended the virtual launch on Wednesday afternoon to announce the creation of the North Forge Angel Network in collaboration with the National Angel Capital Organization (NACO).
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Having just raised $55 million at the growing tech firm Symend, company CEO Hanif Joshaghani is setting his sights on both domestic and international expansion.
The Calgary-based software firm opened an office in Australia last fall and is making plans for the business in Latin America and other major markets.
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Try refreshing your browser, or Varcoe: Symend growth shows tech sector gaining traction in Calgary Back to video
But Joshaghani expects to drive global growth and much of its new hiring from the company’s headquarters in Calgary.
“I make the joke internally that I can see this company getting bigger than our biggest oil companies. I see a future where we are a top-five biggest tech companies in Canada …that’s what we are driving towards, to build a category leader,” he said in an interview.
NetNewsLedger
Thunder Bay – BUSINESS – The
Mary Long-Irwin and Claudio Rojas joined Netnewsledger’s James Murray to talk about the changes.
Long-Irwin will be applying her extensive background supporting the early-stage ecosystem in Northern Ontario to the national stage.
The NACO has thrived in the past, and with Long-Irwin at the helm the group gains some great leadership and insight.
Mary led the Northern Ontario Angels to be named the most active Angel Group across North America and personally received the NACO Lifetime Achievement Award in 2019. Through her strong leadership and ability to recognize the importance of small business development in a wide variety of regions across Canada, Mary has been recognized by NACO for her Northern Ontario successes.