Innovation Bay launches angel investor network in the Northern Territory!

We are thrilled to announce that we’ve launched our Horizon Angel Investor community in the Northern Territory!

Innovation Bay in the top end

After being selected as the winning design under the Territory Government’s latest innovation challenge which required participants to design an Angel Investment Network to support the development of the innovation ecosystem in the Territory. The Horizon Angel Investment community will provide early-stage funding and expertise to start-ups and small businesses and help bridge gaps between innovation support programs and venture capital funding.

We held the official launch event in Darwin on August 30 where over 40 Territorians joined us to learn about Innovation Bay, angel investing, and community building. This is a huge step forward for local startups, and we can’t wait to get started!

With over 20 years of experience in building vibrant, member-based communities for tech founders and investors, we’re ready to bring our expertise to the Territory. The Horizon Angel Investment community will provide early-stage funding and invaluable support to local startups and small businesses. Our goal is to bridge the gaps between innovation support programs and venture capital funding, creating a thriving environment for growth.

Martin Redhead, Director of Business Innovation, shared his enthusiasm: “The Territory is excited to partner with Innovation Bay to harness the incredible entrepreneurial spirit and potential in our region. Innovation Bay has an impressive track record in helping founders and investors build the skills and relationships necessary for success. We’re thrilled to give Territorians the same opportunity!”

Eleanor Salt, our Community Manager for Horizon, added, “We’re delighted to launch our Angel Investor community in the Northern Territory and harness the unique knowledge of local investors. Horizon is a diverse community of passionate individuals eager to positively impact the Australian startup ecosystem. Let’s boost innovation in the NT together!”

Empowering Local Investors

Our Horizon community is all about empowering local investors. We’re here to equip them with the skills and know-how needed to effectively support tech startups in the Territory. By fostering connection and peer-to-peer learning, we’ll help drive economic growth and innovation in the region.

We’re excited to welcome our first members to Horizon, including Michael Canaris, who brings over 25 years of experience in property development and investment. “Innovation Bay’s move to the NT shows their belief in our region’s potential, bringing valuable expertise and a solid business model to help local investors access opportunities they wouldn’t normally have. I’m looking forward to supporting local early-stage projects and fostering innovative entrepreneurship in the Northern Territory!” Michael Canaris.

Join Us!

If you’re a local Darwin angel investor interested in becoming part of the Horizon community, you can apply for membership here.


More Innovation Bay content

Join the Innovation Bay community

INNOVATION BAY NEWSletter

Stay up to date

Sign up for monthly updates including exclusive interviews, pitch dates, event announcements, profile, news and much more.