What is Fundica?

Fundica is the best way to find funding in Canada. Through its proprietary search, intelligent filtering and timely notification software, Fundica helps entrepreneurs find government grants, tax credits, loans and loan guarantees.

What types of funding programs and financial products are in the Fundica system?

Grants. Grants include government sector non-repayable financial contributions to support specific objectives - including wage subsidies, job creation funding, and other non-repayable contributions. Grants are generally provided before or during the investment period.

Tax Credits. Tax credits are government refunds and tax reductions/credits to encourage certain investments. Tax credits are generally provided following the investment period.

Loans.  Loans include government repayable contributions. Government loans may have more relaxed conditions/guarantees and lower interest rates than private sector loans. Loans are provided prior to the investment period.

Loan Guarantees. Loan guarantees are government support for a loan by guaranteeing or "insuring" the loan or a portion of it in the event of default by the entrepreneur. Loan guarantees are provided prior to being accepted for a loan.

What kind of businesses can sign up for this service?

Any business in Canada that is incorporated or planning to incorporate can sign up for Fundica; this includes startups as well as medium and large-sized corporations in all industries.

How does Fundica identify available funding?

Using our unique search system, we intelligently filter and identify government grants, tax credits, and loan guarantees for specific corporations based on their location (i.e., postal code) and twenty other criteria. We only include programs with available funding that fits within the selected criteria.

How does Fundica keep its system up to date?

Fundica is kept up to date by our funders, who add and modify their programs, our dedicated funding research team, and our patent-pending, semi-automated crawling, tracking, and updating system.

How does Fundica filter funding programs?

Fundica divides filters into primary and secondary filters:

• Your company's profile acts as the primary filter. It allows Fundica to display initial funding programs for which your company may be eligible. Primary filters are established when you create your account (Free account) or when you create a new profile (Pro account).
• Secondary filters refer to the filtering options you will see when you click on the filters icon in the upper right hand corner when viewing search results. These filters are grouped in the "Operational profile", "Product development", "Hiring and training" and "Strategic transaction" fields. If you are looking for funding for any of these situations, you must enable the corresponding filter to include situation-specific programs in your search results.

Why do you have both year of creation and year of incorporation?

• Year of creation: Many funding opportunities and support programs exist for early-stage businesses and startups, such as microgrants, incubators and accelerators. However, most government funding and some commercial financing requires businesses to be incorporated in order to be eligible.
• Year of incorporation: Once a business becomes incorporated, they become eligible for more government grants, loans, loan guarantees, and tax credits. Certain programs also use the age of the business as condition for eligibility. In that case, the date of incorporation is almost always used instead of the date of creation.

How do I create an account?

Entrepreneurs can simply create an account and go. No account confirmation required.

How can I make a product suggestion?

Please submit your suggestion to contact@fundica.com. The Fundica product team regularly reviews all ideas so keep them coming! Thanks.