StartupNorth interviews NACO’s W. Daniel Mothersill & Bryan Watson

Craig Hayashi of Maple Leaf Angels has been doing an article series for the blog StartupNorth on the topic of startup funding sources, and in the most recent article he recounts his interview of NACO president W. Daniel Mothersill and NACO Executive Director Bryan Watson.  In this interview you’ll find:

• An overview of the Angel Network Program that NACO’s spin-off NAO-Ontario operates for the Ontario Ministry of Research and Innovation;
• A recap of NACO’s recent efforts, through its Co-Investment Summits, to promote collaboration among Angels and Angel groups seeking to satisfy companies’ second-round financing requirements which are no longer met by venture capitalists;
• Our latest work promoting co-investment by Europeans in Canadian startups;
• Word of our upcoming National Angel Summit in Toronto this October.

Thanks, Craig!  It’s always good to get the word out!

links for 2009-07-27

• Can Cleantech Entrepreneurs Rely on Venture Capital? – Renewable Energy World
  Despite the recent declines in investment, the macro-trends for cleantech venture capital are very positive — funds are getting bigger, the market for clean energy has grown to a respectable size and long-term signals from government are coming together.

  Last week, the Cleantech Group released a report on the state of venture capital, which showed that venture investments in the cleantech space were up 12 percent from the first quarter of this year. Total investments reached US $1.2 billion globally. That is still down over 40 percent from this time last year, but a rebound certainly seems to be underway.

  The characteristics of this growth are different than in the past. Many venture capital firms are opting to re-invest with their portfolio companies rather than dig for new opportunities. As a result, series A rounds dropped by half in 2008, according to figures from New Energy Finance.

• » Startup funding sources – National Angel Capital Organization | StartupNorth
  My previous article on start-up funding sources covered the Investment Accelerator Fund. For the next article in this series, I will cover the National Angel Capital Organization (NACO). I recently met with Dan Mothersill, President and Bryan Watson, Executive Director from the National Angel Capital Organization.
  (tags: naco angel angelinvestor startupnorth)