Jeffrey talks with Angelo Del Duca on why he invests, his experience at IRAP, the number of companies he looks into investing in a year, his due diligence process, and his interesting insights on how the current COVID crisis can shift fuel the manufacturing sector of Canada.
As an investor Angelo finds that a startup’s ability to identify both their strengths and weaknesses can help the team identify alternative methodologies to achieve their goals. Entrepreneurs also need to respond to change and not rest on their laurels if they want an uptick trajectory in growth.
Angelo Del Duca has extensive experience in the electronics industry and holds an engineering degree from the University of Toronto in Electrical Engineering. Angelo is an active Angel Investor and is a member of the York Angel Investors, Maple Leaf Angels and the Spark Angels assessing potential investments opportunities and mentoring companies seeking investment and business growth. Angelo is also a Limited Partner and Advisor to the OPN (Open People Network) Supporters Fund which invests in growth oriented companies. He was named Angel of Year (2016-2017) by the York Angel Investors and was recently elected in 2020 as Chair of the Board of Directors for the York Angel Investors. Previously he was an Ontario Director at the National Research Council Industrial Research Assistance Program (IRAP) and co-founder of a microelectronics company providing expertise to North American customers. Angelo also held positions in engineering and management at Avnet Electronics, the Ontario Research Foundation, the University of Toronto – Microelectronics Development Centre, and Tektronix.