Posted by Mary-Anne Mackett on Sep 03, 2019
Our Guest Speaker today was Mary Long-Irwin, Executive Director, NOA (Northern Ontario Angels (
(Left to right:  Past-President Warren Philp, Mary Long-Irwin, Executive Director, NOA, Past-President John Stephenson and Rotarian Mike Nitz (BDC).
Created in 2005 (the northern Ontario sector) to be a catalyst angel organization (not for profit) as a gateway and facilitator connecting entrepreneurs and investors, NOA is a remarkable success story with currently 400 investors in 293 "deals" involving over $131 million. Previously there was an identified "equity gap " for investor readiness. NOA is thus a driving force in growing the business sector (and creating jobs), with a real emphasis on technology "founder" companies. Some cogent examples in the mining and medical sectors were outlined as well as the methodology (primarily convertible debentures) to secure funding.
Mary's presentation was a real eye opener for many. Behind the scenes business investments is critical in this region and NOA is a major shot in the arm. Mary is pictured with Past-President  Warren Philp, who chaired the meeting, Past-President John Stephenson introduced Mary and she was thanked by Rotarian Mike Nitz (BDC).
We had also a nice pep talk and primer on Rotary District Grants, how they are managed, by Val Glaves.  Val is pictured here, accompanied by Michele Izydorczak. Val Glaves (nee Knuttila) is a member of the Rotary Club of Jasper and was a Past Rotary Exchange Student to Finland from PA Rotary circa 1980. Michele is a friend of Val’s.  Great to meet you both,  and great to hear how to keep Rotary projects going.