Angel Investor Groups

Angel investors play an important role in funding and providing mentorship to early-stage businesses in Ontario.  Angel investor groups bring together angel investors interested in supporting Ontario early-stage businesses seeking capital to grow and scale their operations. 

The Angel Investor Groups Registration Exemption, set out in Ontario Instrument 32-508 Not-For-Profit Angel Investor Group Registration Exemption (Interim Class Order), allows not-for-profit, Ontario based angel investor groups to engage in the following activities without being registered: 

Members of an angel investor group may be accredited investors or, self certified investors, individuals who have completed courses that demonstrate financial knowledge, or who have relevant industry experience. For more information on the criteria to be a “self-certified investor”, please see under Ontario Instrument 45-507 Self-Certified Investor Prospectus Exemption.

Ontario Instrument 32-508: Not-For-Profit Angel Investor Group Registration Exemption (Interim Class Order)

Prior to relying on the Angel Investor Groups Registration Exemption, an eligible angel investor group must notify the OSC by submitting Form 32-508 Angel Investor Group Information Form with Part A and Part C completed.
By January 31 of each year, an angel investor group relying on the exemption must submit a completed Form 32-508 Angel Investor Group Information Form along with financial information relating to the financial position of the angel investor group. 

Form 32-508 Angel Investor Group Information Form

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Resources

“Frequently Asked Questions” about the Angel Investor Groups Registration Exemption provide additional information about the order.

RESOURCES:

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