NEXT Canada Appoints Joe Canavan as CEO to Build on Momentum

Jan 18, 2019

Transition Paves Way for Sheldon Levy to Focus on Critical National Advisory Role

TORONTO, Jan. 18, 2019 /CNW/ - Highly regarded executive, investor and entrepreneur Joe Canavan has been appointed the new CEO of NEXT Canada, a nonprofit focused on increasing Canadian prosperity through programs that provide education, resources, empowerment, incubation and support for exceptional entrepreneurs and innovators.

He assumes the role from Sheldon Levy, who was named Special Advisor to the Minister of Small Business and Export Promotion in December - a role that continues to grow in scope and importance and now requires full time attention. NEXT Canada is fully supportive of Levy's mandate, which is to advise on improving the scale-up ecosystem for Canadian companies.

Canavan has been involved with NEXT Canada as a board member and mentor, since its inception in 2010. He is active in the Canadian tech community and is an early investor and advisor in companies including Kids & Company, Koho Financial, Borrowell, Layer 6 and Wealthsimple, as well as Kira Talent and North (formerly Thalmic Labs) which were founded by NEXT alumni.

"We are incredibly excited to have Joe take up the mantle at such an important moment for NEXT Canada," says Reza Satchu and John Kelleher, Co-Chairs of the NEXT Canada Board of Directors. "He has been involved since inception and his familiarity with the NEXT Canada network and mission will ensure a smooth transition. We thank Sheldon for all he has accomplished at NEXT, are grateful for his continued involvement and wish him well as he continues to tirelessly champion the needs of Canadian innovators."

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