Calgary Angel Network Angel Investor Network
Angel investing has long been an important source of financial support and mentoring for new and growing businesses bridging the gap between individual (friends and family) and institutional venture capital rounds of financing. Over the past several years, Calgary Angel Network and this sector of the private capital market has been formalizing in response to both growing demands and complexity.
Calgary Angel Network - Calgary Angel Network is working to ensure continued economic growth and prosperity in the Calgary area by linking quality investors to high-potential early-stage companies. This work is driven both by the acute need for more financial and strategic support for promising enterprises in all sectors of the local economy and by the interest and capability of many existing and potential investors.
Established in 2002, Calgary Angel Network is an incorporated non-profit organization by, for and of Angel investors - individuals who directly invest their own money, and often time and talent as well, in companies. The organization engages in education, networking, opportunity generation and advocacy efforts on behalf of Angels. CAN is not itself a fund and therefore does not invest on behalf of its community of Angels.
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Calgary Alberta
Alberta Angel Networks are as unique as the private investors that make them up. Calgary Angel Network is a group of accredited investors (sophisticated investors) who get together to review companies for potential investment. The investments can be made by accredited individuals belonging to the Alberta network or by the network itself as a limited partnership.
Some angel networks charge a fee to the entrepreneur for the business plan to be reviewed, or for an in-person presentation to be made to the "angels" group and other angel networks don't.
Learn about as many angel networks / groups in your area as possible.
Like Calgary Angel Network, the number of organized angel groups / networks has grown in response to several factors:
- A widening “capital gap” between individual and institutional venture capital investors that has created a need and an opportunity for pooled investments
- Social camaraderie among investors.
As a result, angel investment screening by Calgary Angel Network, is consistent when compared to other angel investment groups. Specific organizational and legal structures, however, remain varied. Most groups, including Calgary Angel Network (Calgary Alberta) develop their own organizational structures and processes independently. For entrepreneurs and other Alberta angel investors, the net results of this change are mostly positive. Although the models of business angel groups continue to evolve, these groups are generally better financed than ad hoc groups of individual / private investors in Calgary Alberta.
Calgary Angel Network (Angel Investment Network) provides an extended network that benefits both funded companies and private co-investors / other angels by providing greater due diligence, operational support and domain expertise. Business angel groups, such as Calgary Angel Network and other groups (Alberta) can also provide a key source of qualified deal flow for venture firms - Alberta - as well as provide intermediate capital for companies with financing requirement levels between individual / private investors and institutional venture capital.
