Yukon Venture Angels Launch their network at Yukon Innovation Week
WHITEHORSE, Nov. 5, 2021— Local leaders have come together to launch Yukon Venture Angels (YVA), a ground-breaking angel investment group. The launch event will showcase the possibilities for growing global-facing enterprises in the Yukon and celebrate the notable new partnership with the National Angel Capital Organization (NACO).
YVA’s mission is to create a sustainable and diversified Yukon economy. By sharing ideas, lessons, opportunities, and enthusiasm, YVA aspires to encourage the private sector to champion local start-up businesses and bridge the gap between grant funding and later stage investments.
The need for a group like YVA was clearly pointed out in the 2020 NACO report commissioned by YG, in which it was noted that:
“The Yukon Angel investment market is currently fragmented and not well-organized. There is a need for early-stage capital. Early-stage opportunities in Yukon often go unfunded, remain under-capitalized, and never reach their full potential.”– (Mobilizing Angel Activity in Yukon, National Angel Capital Organization, Nov. 2020, p.16)
YVA believes there is considerable room for improvement and wants to be a positive and constructive influence in helping to build a genuinely diverse, robust and resilient Yukon economy by leveraging the power of private investment and mentorship.
“Historically, the Yukon was thought of as an isolated place– but remoteness is no longer defined by geography,” said YVA President, Barrett Horne. “Today, it’s defined by connectivity; the Yukon’s market is now the World. Our local companies should have access to capital that will allow them to become global-facing ventures, and that starts with a strong network of educated, impact-minded Angel investors at home.”
YVA does not invest– they are a community of investors. Whether an experienced investor or a first-time angel, YVA welcomes all that are interested in making an impact to attend their community’s launch events during Yukon Innovation Week 2021.
The Launch event will include networking, company introductions, and more information on what Angel investment is and why it matters. Drinks and catering will be included.
Yukon Venture Angel Launch Event
Details: Nov. 17, 2021. From 5:00 PM – 7:00 PM at Northlight Innovation Hub, 2180 2nd Ave, Whitehorse, Yukon Y1A 5N6 Canada
This in-person event is limited to 20 ticket registrations.
For more information and registration, please visit: https://www.yukoninnovationweek.com/event/introducing-yukon-venture-angels-2/
For those interested in knowing more about the impact they can have on the local economy but cannot attend the launch event, the group will also be hosting a virtual event the following day.
Yukon Venture Angel Introduction, Virtual Event
Details: Nov. 18, 2021. From 12PM – 1 PM on Zoom
For more information and registration, please visit: https://www.yukoninnovationweek.com/event/introducing-yukon-venture-angels/
YVA is interested in engaging with Yukoners who would like to invest and support local enterprises. Future resources and events for YVA members will include, but are not limited to:
- Quarterly membership meeting
- Investor education for first-time investors
- Network of other angel investors in the territory
- Access to NACO workshops and resources
- Invitations to local companies’ pitch sessions
- Connecting with other angel groups in Canada
- Encourage the private development of an ecosystem
- Advocating for both startups and private investment
YVA believes there is considerable room for improvement and wants to be a positive and constructive influence in helping to build a genuinely diverse, robust and resilient Yukon economy by leveraging the power of private investment and mentorship.
“Resiliency in our future means a diversified territorial economy. If we are to be resilient in the face of whatever happens next, then we need strong, private-sector businesses, with startups hiring and rooted here. How do we fertilize the field? We create the conditions for success to foster and grow.”
–Barrett Horne, Yukon Venture Angels President
Contact:
Astrid Grawehr
yukonastrid@gmail.com
867-335-3784
Barrett Horne
barrett@onfoot.net
867-335-3747
Chris Lane
chris.lane@makeit.com
867-334-4296
