MEDIA RELEASE – Friday May 31, 2019
Northern Ontario Angels (NOA), named #1 Angel Organization in North America in dollars and deals
Northern Ontario Angels has been named as the #1 Angel Organization in Canada for the past 5 to 6 years. Today we are proud to announce that NOA has been named the #1 Angel Organization in North America. This announcement comes from the 2018 Angel Funders Report conducted by the Angel Capital Association (ACA), 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.
The top 10 angel groups by dollars & deals, are Northern Ontario Angels as #1 followed by, in no particular order, Central Texas Angel Network, Stetson Family Office, 757 Angels, Tech Coast Angels, Launchpad Venture Group, VentureESouth, Golden Seeds, Irish Angels, Houston Angel Network, Charlottesville Angel Network, Central Texas Angel Network, Pasadena Angels, Portland Seedfund and New York Angels.
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. NOA Executive Director, Mary Long-Irwin states that she has support from part-time Consultants on the ground 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. This accreditation has put NOA on the map of connecting our Northern Ontario Entrepreneurs to the World! Our continued growth is to the success of our NOA Executive Director, Mary Long-Irwin for her trust and passion, and to our team of consultants, staff and Board of Directors who work diligently every day! Together we are a global success! Thank you to FedNor, NOHFC, Angel Investors Ontario, our Sponsor BDO and our full list of partners and sponsors on our website for your continued support and partnership. Thank you to our angel investors – your commitment to our organization shares this achievement! Chris Winrow, Chairman NOA Board of Directors.
Mary Long-Irwin, Executive Director (Thunder Bay) 1-888-696-0808
NOA Entrepreneur and Investor Applications, the Board of Directors and all Sponsors can be found on our website. www.northernontarioangels.ca