The Funding Portal is an info tech company that improves access to both government funding and private financing in Canada. The portal aggregates information on more than 7,000 sources of funding online, providing unique data analytics products, as well as access to partners and services that greatly improve the ability of companies, institutions and non-profits to secure the funding they seek. More than 17,000 Canadian organizations use The Funding Portal to find funding each month.
The Funding Portal responds to a serious need in the market: businesses, including their national industry associations, investors and bankers, report that they have little or no understanding of government grants or business financing, nor do they have the resources or expertise to access them. What's more, funders report that 80% of applications are rejected for non-compliance.
Using the Portal's proprietary Find It search engine, organizations can find relevant government funding and access private financing programs in seconds rather than weeks, and then turn to the Portal's expert funding services—Secure It, Score It and Leverage It— to guide them through the application process to success.
The Funding Portal's experts assist clients to find and secure the right type of Canadian government funding and private financing to meet their growth objectives, including: small business grants, business financing, start-up funding, loans, government grants, contributions, SR&ED and innovation tax credits, tax incentives, business funding, government funding, business grants, job creation funding, wage subsidies, industrial and regional benefits (IRBs), loan guarantees, private investment, financing solutions, equity investment, investment capital, commercial bank loans, venture capital (VC), angel investment, and other sources of private finance.
Watch a video to learn how three very different companies used The Funding Portal to find and secure grants and funding.
The Funding Portal is a Canadian private corporation, designed and built in Canada. The Portal's shareholders are experienced in building and investing in e-business. The Company is not seeking investors at this time.
KPMG works with the Portal to provide access to Canada's rich array of government and tax incentive programs. In today's changing economic landscape, sourcing financing from these programs can give our clients the edge they need to take their business to the next level.
- Elio Luongo, Canadian Managing Partner, Tax, KPMG
Our members report significant challenges identifying the government funding programs that exist and in complying with the application processes—they welcome the launch of The Funding Portal.
- John Reid, President & CEO, Canadian Advanced Technology Alliance
The Funding Portal is an amazing new tool to assist our clients to access government funding to leverage their growth objectives. Find It and the Portal's Roster save enormous amounts of time and add tremendous value for companies seeking business funding.
- Deborah Weinstein, Partner, LaBarge Weinstein LLP
The Funding Portal hosts a National Advisory Council that has a mandate to facilitate dialogue among government funders and business people about improvements to government grants and tax incentive programs in Canada. Specific objectives include identifying tools and solutions to streamline government grant application processes, reduce wait times associated with government funding decisions, and increase the percentage of government funding that is distributed to the business community. Our National Advisory Council includes:
Georgina Steinsky-Schwartz, Council Chair, has served as Associate Deputy Minister in the federal Department of Regional and Industrial Expansion and as Deputy Minister of Supply and Services. She is a recipient of the Public Policy Forum Award for improving the quality of government in Canada. Her experience includes work aimed at improving the operational effectiveness of public, private and non-profit organizations, including the implementation of new technologies.
Jayson Myers is the President and CEO of Canadian Manufacturers & Exporters (CME). Myers notes: “Access to financing remains a top challenge for Canadian manufacturers. By establishing an online, one-window access point, The Funding Portal is helping companies fuel their growth, and drive their research and development efforts.”
Glenn O'Farrell is a dynamic, senior executive (CEO, VP) with more than 20 years of high impact contributions in the Canadian media sector. He is a proven business leader who has built and led successful local and national new start-up media businesses. He is also a legal and regulatory industry expert with extensive national and international networks across business, government and NGOs.
Leo Lax is the former CEO of Skypoint Capital, a Venture Capital firm investing in the telecommunications, social media and IT sectors. Prior to founding Skypoint Capital, Mr. Lax was an executive at Newbridge Networks where he launched and directed the Newbridge Affiliates Program. Mr. Lax sits on a number of boards in the innovation sector, both in Canada and internationally, including TransGaming, Mobio Technologies, TeloIP, and My6Sense. He is a graduate of McGill University (Electrical Engineering) and received his Master of Engineering degree from Royal Military College.
Kevin Shea is the Chair of the Ontario Media Development Corporation (OMDC), an agency of the Ontario Ministry of Culture and one of the key catalysts and sources of public funding for the cultural media cluster, including book publishing, film, television, interactive digital media, magazine publishing and music industries.