Every year Canada’s three levels of government invest about $12 billion in grants and contributions, but many companies report that they have little understanding of how to access these resources. With today’s launch, The Funding Portal can help Canadian businesses secure public funding through four easy steps: Find It, which is free. Should you wish to Apply for It, Score It and Advance It through the Funding Portal, these latter three steps all require the payment of fees based upon the amount being applied for, in return for professional reviews of your application and the ultimate submission of your funding request, as described below.
The Funding Portal website features TFP Search™, a high-powered search engine that allows users to instantly search all Canadian public funding programs. Users complete their applications in secure online workrooms and can have their drafts evaluated by the Portal’s Expert Review Panel to gain valuable feedback through a TFP Scorecard™.
The Funding Portal boasts Canada’s top funding experts, including: Marielle Piché, the former Executive Director of the Industrial Research Assistance Program (IRAP); Dr. Kevin Goheen, a respected expert on tax credits (SREDs); and Dr. Sherif Barakat, a recently retired Vice President, National Research Council of Canada (NRC).
Businesses can also advance their applications using The Funding Portal’s advancement services provided by trusted accounting, law, government relations and intellectual property firms. The new service is already receiving praise from key industry associations, including the Canadian Advanced Technology Alliance (CATA) and Chambers of Commerce.
“Our members report significant challenges identifying the public funding programs that exist and in complying with the application processes—they welcome the launch of this public funding portal,” said John Reid, CATA’s president and CEO.
The Funding Portal is operated by the same group who operates The Funding Store, a private funding search and application service for Canadian businesses.