Northern Ontario Angels named number one in North America

NEWS RELEASE
NORTHERN ONTARIO ANGELS
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On May 31, 2019, Northern Ontario Angels announced that it was named the #1 Angel Organization in North America. This announcement came 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.

Northern Ontario Angels (NOA) named and awarded:

• #1 Angel Organization in North America
• #1 Angel Organization in Canada in investment dollars
• Mary Long Irwin, NOA executive director, NACO Lifetime Achievement Award

The top 10 angel groups 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.

At the recent NACO World Angel Investment Summit, NOA, was also awarded the #1 Angel Organization in Canada in investment dollars, now for the seventh consecutive year. Mary Long Irwin, NOA executive director was also awarded the NACO Lifetime Achievement Award.

To date, 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 Canada for the past seven years and now we are #1 in North America. This accreditation has put NOA on the map of connecting our Northern Ontario Entrepreneurs to the World," said Chris Winrow, chairman NOA Board of Directors.

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 our partners FedNor, NOHFC, Angel Investors Ontario, and our Gold Sponsor BDO. For a full list of partners and sponsors visit our website, thank you for your continued support. Thank you to our angel investors – your commitment to our organization shares this achievement!"

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