Grants and Contributions:
Title:
Yukon Private Capital Ecosystem Development Project
Agreement Number:
2425-CN-000115
Agreement Value:
$286,800.00
Agreement Date:
Jul 15, 2024 - Mar 31, 2027
Description:
Yukon Venture Angels (YVA) is receiving $286,800 (47% of total project costs) to support a three-year project aimed at developing a private capital ecosystem that nurtures innovative enterprises from early stages to growth and scalability.
Organization:
Canadian Northern Economic Development Agency
Expected Results:
The project aims to establish an active Yukon angel investor network, providing entrepreneurs with financial support, mentorship, and strategic guidance. Additionally, YVA will create two jobs, grow its membership to 100 by FY25-26, and launch the Yukon’s first Managed Private Capital fund with a target of raising $5 million by FY25/26.
Location:
Whitehorse, Yukon, CA Y1A 2J9
Reference Number:
0780-2024-2025-Qrt3-0000010
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
838037
Recipient Type:
Not-for-profit organization or charity
Recipient's Operating Name:
YUKON VENTURE ANGELS SOCIETY
Recipient's Legal Name:
YUKON VENTURE ANGELS SOCIETY
Federal Riding Name:
Yukon
Federal Riding Number:
60001
Program:
Regional Growth Through Innovation
Program Purpose:
To provide streamlined, nationally consistent and yet regionally tailored support for business productivity and scale-up, particularly for small and medium sized enterprises and women entrepreneurs and other underrepresented groups, and assist the enhancement of regional industrial and technology clusters and regional innovation ecosystems.