In 2025, Northern Ontario Angels (NOA) proudly marks its 20th anniversary, celebrating two decades of connecting entrepreneurs with accredited investors and fueling economic growth in the region. NOA has played a pivotal role in fostering innovation and supporting the next generation of business leaders.
Since its inception, NOA has facilitated over $250 million in investments, empowering startups and scaling businesses across key industries, including mining tech, med tech, and sustainable solutions. With a strong focus on regional economic development, NOA has become a trusted partner for both investors and entrepreneurs looking to make a lasting impact in the North. These investments have contributed to the creation of over 3,500 jobs, strengthening the economic foundation of the region.
“Reaching this milestone is a testament to the strength of our investor network, the entrepreneurial spirit of Northern Ontario, and our strategic partners across the region, namely FedNor,” said Ian Lane, Executive Director of Northern Ontario Angels. “Over the past 20 years, we have collaborated to build a strong innovation ecosystem that empowers businesses and attracts strategic investment, ensuring long-term prosperity for the region.”
A Legacy of Innovation and Growth
Over the past two decades, NOA has worked closely with entrepreneurs to provide them with the financial backing and strategic guidance needed to turn their visions into reality. From cutting-edge mining technologies to groundbreaking medical advancements, NOA has been at the forefront of supporting businesses that shape the future of the region.
“Angel investment is more than just funding—it’s about fostering relationships, sharing expertise, and driving meaningful economic impact,” says Dan Hollingsworth, Board Chair of Northern Ontario Angels. “Innovation is at the heart of what we do, and Northern Ontario has always been a hub of new ideas and emerging technologies. Our role is to ensure that great ideas receive the support they need to succeed.”
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