Oshawa, ON – August 29, 2024 – Angel Investors Durham (AID), Ontario’s newest angel investor network, proudly announces its membership in the National Angel Capital Organization (NACO), Canada’s professional association for thousands of angel investors, and the national umbrella for more than a hundred organizations. In a display of confidence in the expertise and dedication of AID and its team, NACO recently approved Angel Investors Durham’s membership. This strategic collaboration amplifies AID’s capacity to support entrepreneurs and reflects a commitment to fostering innovation in our community and throughout Canada.
What sets AID apart is the invaluable expertise and dedication of its team. Executive Director, Frank Auddino and Due Diligence Lead and Advisor, Angelo Del Duca, have served as volunteer angels in residence at NACO for several years, providing meaningful mentorship to founders. Frank and Angelo have been instrumental in supporting the growth and development of the angel ecosystem and leverage their extensive experience and insights to nurture emerging companies.
AID’s board members, partners, and sponsors, including Angel Investors Ontario, Spark Centre, Synergy Lab, Kleurvision Inc., Jay Kilgannon, RBC Wealth Management, Bereskin & Parr LLP, MNP LLP, Lockyer + Hein LLP, Durham College, Invest Clarington, Invest Durham, and City of Oshawa, are also key players in offering services and support to build the AID angel investor community.
NACO unifies angel investors nationwide, offering advocacy, education, and networking. As a member, AID accesses a broad network of investors, expertise, and resources, expanding investment opportunities and enabling knowledge-sharing on a national scale.
“We are excited to welcome Angels Investor Durham (AID) into our national network,” said Claudio Rojas, CEO of National Angel Capital Organization (NACO). “The formation of new angel groups like AID demonstrates the health and vibrancy of Canada’s entrepreneurial ecosystem. By expanding access to capital, we are collectively strengthening the foundation for world-leading companies to emerge.”
Angel Investors Durham looks forward to leveraging its partnership with NACO to catalyze innovation, support entrepreneurship, and build a thriving ecosystem that fuels economic growth and prosperity.
For more information about Angel Investors Durham, our initiatives, and becoming a member, please visit www.angelinvestorsdurham.ca/for-investors.
About Angel Investors Durham — Angel Investors Durham is a network of accredited investors dedicated to supporting early-stage companies with high growth potential. Our mission is to foster innovation and entrepreneurship by providing financial and strategic support to promising startups.
Media Contact: Patrick Lyver
Angel Investors Durham
Email: media@angelinvestorsdurham.com
2 Simcoe Street South
Suite 300
Oshawa, ON
