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On May 15, 2008, NAO Chairman Andrew Wilkes and NAO President W. Daniel Mothersill were consulted to make a presentation to the House of Commons Standing Committee on Industry, Science and Technology.
Andrew and Dan spoke of how Angel investments in Canada facilitate the transformation of R&D into successful businesses that public institutions, venture capital funds, public investors, and banks can then finance. They commented on ways to address the $5-billion annual funding gap in financing early-stage companies estimated by Sustainable Development Technology Canada (SDTC). Some great information was exchanged during this meeting.
For full evidence, please click here.
As part of that process, a written submission was placed before the members of that committee. We are pleased to provide a revised and updated version of that submission. Learn how our governments can help close the capital availability gap and increase the success rate of Canada's greatest employer - small and medium size enterprises!
Revised and updated House of Commons submission
Full evidence of session
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