Access Funding For Your Business Through Fundica

By Lizzie MacNeill, Communications Officer, Calgary

With thousands of funding opportunities available to corporations, a big problem for entrepreneurs is identifying the right funding opportunities. Unfortunately, for many entrepreneurs the search for funding is still a time-consuming and frustrating exercise based on fragmented, out-of-date, and serendipitous information.

Fundica, a web tool designed to help entrepreneurs find funding offered by federal and provincial governments as well as private sector capital, aims to change this. Fundica.com is a free web-based matching platform that helps entrepreneurs find relevant grants, tax credits, loans and equity; while helping funders efficiently post and generate leads for their targeted funding solutions. A not for profit organiation, their goal is to ignite Canada's technology economy by connecting entrepreneurs to the funding they need. Fundica does this by providing a comprehensive platform that is constantly kept up-to-date by funders, webbots, and a dedicated research team.

Fundica also incorporates intelligent filtering algorithms to wisely connect funders and entrepreneurs. This allows entrepreneurs to greatly reduce time spent searching for funding and funders to reduce marketing and administrative costs. Recently, they added an advisor tab to the results page which can provide enhanced visibility and increased lead generation for financial advisors. Advisors can promote their profile and be paired to entrepreneurs according to their area of expertise, location and industry. In turn, entrepreneurs can find the right accounting, SR&ED, marketing, legal, finance, operations, or HR consultant for their business needs.

The Fundica tool is now also available as a free widget that can be easily integrated into a website to make that site a comprehensive, up-to-date, and stand-alone funding resource.

Fundica was recently selected as a Finalist in the Intuit Financial Literacy Awards as well as one of the Top 25 emerging businesses by The Claudine and Stephen Bronfman Family Foundation and has been adopted by thousands of users '€” including entrepreneurs, funders, advisors, governments, and other organizations promoting entrepreneurship in Canada. With strategic partners, they are looking to expand internationally and share their widget  with anyone who could benefit from hosting it.

If you are an entrepreneur or small business owner, Cybera encourages you to check out Fundica to search for capital.

Happy hunting!