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Yukon Government and Canadian Government partner to boost local businesses

Thursday, 30 January 2025 10:08

By Panebi Wilson X @chonfmpwilson

Photo Caption (L – R): Yukon MP Brendan Hanley, Yukon Venture Angels CEO Ceara Crawford, Yukon Venture Angels board members Barrett Horne and Dylan Soo, and Yukon Premier Ranj Pillai.

This funding will help build a robust angel investor ecosystem in the territory, providing entrepreneurs with financial backing, mentorship, and access to networks.

The Yukon government and Canadian government have announced a joint contribution of up to $558,800 to support the Yukon Venture Angels' (YVA) Yukon Private Capital Ecosystem Development Project. 

This funding will help build a robust angel investor ecosystem in the territory, providing entrepreneurs with financial backing, mentorship, and access to networks.

The project aligns with the Canadian Northern Economic Development Agency's (CanNor) priority to support small- and medium-sized businesses.

Premier Ranj Pillai emphasized the importance of angel investors in the growth and success of local entrepreneurs and startups. The funding will create opportunities for Yukon angels to invest, provide education programs, and build a thriving network of local investors.

The Yukon Venture Angels President Barrett Horne added that the organization is filling a critical niche in Yukon's economic ecosystem. "Our mission is to establish Yukon as a competitive hub for angel investing and start-ups," he said.

The Government of Yukon is contributing $272,000 over three years to support this project, which will create opportunities for Yukon angels to invest, provide education programs, and build a thriving network of local investors. 
 

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