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This briefing for the Standing Committee on Industry, Science and Technology outlines the role of Angels in the Canadian capital and commercialization “eco-system”, summarizes the responsibility of NAO to promote Angels in their role, and proposes a number of policies for consideration by the Standing Committee.

These policies involve approaches that have been successfully implemented in many jurisdictions, as outlined in Appendix A. They would stimulate the supply of Angel capital, and thereby help fulfill the commitment made in the 2007 Federal Science and Technology Strategy to explore new and different approaches that stimulate the supply of capital for emerging companies. They would also serve to augment existing Federal venture capital programs, such as those run by the Business Development Bank of Canada (BDC) and Sustainable Development Technology Canada (SDTC).........계속