NACO Podcast
The NACO Podcast by the National Angel Capital Organization leverages the collective wisdom of 4,000 angel investors that have invested $1.8 billion into 2,000 companies. Join us on a journey into the depths of the innovation economy and bring you the knowledge you need to build, grow and scale at the intersection of innovation, capital and entrepreneurship.
Learn more about the National Angel Capital Organization (NACO) at www.nacocanada.com
NACO Podcast
Angel Capital in Alberta: Senator Doug Black
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We are here with Senator Doug Black, Chair of the Senate Banking, Finance, and Trade Committee.
The innovation ecosystem in Alberta has a tremendous potential. We see an opportunity to transition the risk capital, that has historically been in more traditional industries, to the high growth industries that can contribute so much to the economy. From your perspective, what can we do as a national organization and what can angel investors do to contribute to Alberta's renaissance?
We need to find bridges. Build those bridges and make sure folks cross them. Specifically, in respect of Alberta. I spent a fair bit of time as an elected Alberta Senator moving through the province, understanding what I would call "Alberta 2.0" needs to look like. We have historically relied upon the oil and gas industry, and this is a very powerful, important industry. But, we recognize that we need to focus on a transition.
Alberta 2.0 will take time. A large part of that is going to be technology. Whether it's specifically in the oil and gas industry, the renewables industry, the banking industry, or the agriculture industry. There are huge opportunities throughout the Alberta economy.
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