Maurice
Posted: February 4, 2022

Amount:

$50,000

Type of Program:

Loan


Description:

The RBC Angel Investee Program provides early stage startups exclusive access to RBC products and services. Early stage companies that have secured capital from an angel investor (in good standing with NACO) may be eligible for an RBC® Avion® Visa‡ Business facility of up to $50,000.

Comments on Funding:

Funding is up to $50,000.
If an early stage company’s credit card application is successful, its credit limit will be established based on the credit and financially related information provided on the application form.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • Be early-stage companies
  • Be formally angel-backed by a NACO member in good standing, and
  • have received a minimum equity financing of $125,000 from a NACO member angel investor, within the previous 24 months.

NACO Network members may submit an application on behalf of their investee company.

Applications Steps:

1

Applicants must submit an online request to be considered for the RBC Angel Investee Program through the NACO website.

Documentation Needed:

Applicants must provide credit and financially related information on the application form.

Other Things to Note:

NACO is the National Community for Angels, Incubators, and Accelerators.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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