Northern Ontario Angels
ON, Canada
Investment readiness support in Northern Ontario
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Northern Ontario Angels (NOA)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Help for entrepreneurs to prepare for angel investors, including coaching, networking opportunities and more.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$15,000
Edmonton
Developing a business plan for a new health tech startup
$10,000
Vancouver
Organizing networking events for social economy enterprises targeting angel investors
$15,000
Calgary
Launching a mentorship program for entrepreneurs seeking angel investment
$30,000
Montreal
Developing an online platform for networking between startups and angel investors
$14,000
Ottawa
Creating a feasibility study for a co-working space aimed at tech startups
grant_single_labels|admissibility
- Entrepreneurs and businesses must be based in Northern Ontario
- High-growth potential companies seeking investment capital
- Open to accredited angel investors
- Entrepreneurs must apply through the NOA network
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for this grant that include:
- High-growth potential Northern Ontario companies
- Entrepreneurs seeking growth capital
grant_eligibility_criteria|who_cannot_apply
There are certain types of companies that are not eligible for the Northern Ontario Angels grant:
- Non-accredited angel investors
- Companies located outside of Northern Ontario
grant_single_labels|criteria
Yes, there are evaluation and selection criteria for this grant. The criteria include:
- Investment readiness with NOA Consultant
- Angel Investor Introduction & Pitch
- Due Diligence & Investment finalization
grant_single_labels|register
- Step 1: Fill out the Entrepreneur Application Form
- Step 2: Initial review & intake discussion
- Step 3: Investment readiness assessment with NOA Consultant
- Step 4: Introduction to Angel Investors & Pitch
- Step 5: Due Diligence & Investment finalization
Apply to this program
Grant Summary:
The Northern Ontario Angels (NOA) is a non-profit organization that connects accredited angel investors with entrepreneurs in Northern Ontario to stimulate investment capital and facilitate growth in high-potential companies.
Grant Description:
The Northern Ontario Angels (NOA) grant program is designed to support the growth and success of Northern Ontario companies by providing access to investment capital from accredited angel investors. NOA serves as a gateway for entrepreneurs seeking funding to connect with experienced investors who can provide not only financial support but also expertise, knowledge, and industry contacts. By fostering collaborations between investors and entrepreneurs, NOA aims to drive economic prosperity in the region and help businesses thrive.
NOA's grant process involves a thorough evaluation of entrepreneur applications, followed by an initial review and intake discussion to assess investment readiness. Entrepreneurs benefit from NOA consultants who provide guidance and support to ensure their businesses are attractive to potential investors. Once deemed ready, entrepreneurs are introduced to angel investors for pitch presentations, leading to due diligence and finalization of investment deals.
Entrepreneurs can apply to join the NOA network to gain access to investment opportunities and valuable resources that can help them grow their businesses. Successful applicants receive not only the funding they need but also valuable insights and connections that can propel their ventures to the next level. On the other hand, accredited angel investors can register with NOA to gain access to high-potential ventures and contribute their expertise and capital to support business growth.
Through strategic partnerships, strong governance, and a commitment to integrity and confidentiality, NOA creates a trusted platform where entrepreneurs and investors can collaborate effectively. By upholding values of trust, expertise, integrity, and collaboration, NOA plays a crucial role in driving innovation and economic development in Northern Ontario.
Overall, the Northern Ontario Angels grant program offers a unique opportunity for entrepreneurs to secure funding and support for their growth initiatives while providing angel investors with access to promising investment opportunities that can make a significant impact on the region's economic landscape.
