“All that is valuable in human society depends upon the opportunity for development accorded the individual.”
     – Albert EinsteinÂ
About The Funding Portal
The Funding Portal is an amazing Canadian resource and business that educates clients on funding opportunities and policy initiatives. I have had the pleasure of meeting the founder and CEO as well as working with several staff on potential projects. They offered very friendly service and more importantly possess the expertise and experience that helps Entrepreneurs navigate the sometimes cloudy world of government funding. The most important and impressive thing about The Funding Portal is how they are organized. The company has created a for profit sustainable business model that is built on value and education. The future of Canadian business growth and commercialization is in a prosperous and healthy place because of the creation of this portal and network.Â
I encourage anyone who has ideas and is looking for guidance to use the portal for assistance. It is a free system that consolidates the search for government grants and funding here is the link. TheFundingPortal.com
- Science and technology: The federal government indicated its S&T expenditures reached almost $11.9B in 2010-11.
- 2012 BDC Young Entrepreneur Award: A new second-place prize has been added-a $25,000 custom Internet strategy. The deadline to apply remains April 8.
- Quebec Budget: The Quebec Budget for 2012-2013 included $8.1B in support for businesses.
- o  $670M for natural resources
- o  $348M for VC
- o  $43M for coops and the social economy
- o  $118M for the tourism industry
- o  $100M for clean-tech
- o  $5B for manufacturing
- o  $6M for technology adoption
- o  $9.5M for the fashion industry
- o  $35M for exports
- BlackBerry Fund: The BlackBerry Partners Fund has raised $150M for a new fund to invest in start-ups that develop applications for a range of mobile-phone platforms.
- Saskatchewan Budget: The 2012-2013 Budget contained $99M for R&D and $1.5M for international trade and market development. The Enterprise Region and the Northern Enterprise Region programs will be cut for budget savings of $6.8M.
- New pharmaceutical fund in Quebec: Merck Canada, Lumira Capital and other VC firms are launching a new multimillion-dollar R&D fund to attract pharmaceutical firms to Quebec.
- New funding for climate change and atmospheric research: A new federal initiative will provide $35M to NSERC to support climate change and atmospheric research at post-secondary institutions. A call for letters of intent was launched.
Must Reads
- SR&ED: Fate of R&D funding a nail-biter for small business, by Dan Ovsey
- SR&ED: Government funding revamp will aim to help Canadian businesses reap R&D profits, by John Ivison
The above summary is curtsey of The Funding Portal, sign up for weekly updates.
That’s awesome to know. Very helpful post for every young entrepreneur who wants to know what options he/she has. I will definitely check it out. Thanks Jerome! Keep informing us 🙂