Montreal Tech Watch

At the last Montreal New Tech, Montreal-based Fundica grabbed the opportunity to introduce their service. It’s both a consulting service AND an online application. The service is aimed to all corporations in Québec and Ontario, and as such does not target specifically technology ventures and entrepreneurs. It’s still a valuable tool since it’s the only one in my knowledge which lists all available government grants, tax credits, loans, equity funding. You can’t miss a funding source with fundica!

Fundica started as a consulting service, and built slowly a list of available funding providers, before seeing the value of making this database available through their website.

As for tech entrepreneurs, most know about angel investors as well VC funds in Montreal and in Canada. However, it’s not sometimes clear what industries those funds target, and most don’t think about tax credits, or may forget about special programs such as the SR&ED. Fundica quotes a one-time fee of $495 (discounts available), a price which is on the higher end for bootstrapping tech entrepreneurs, but certainly attractive for incubators, CFOs, consultants, and a no-brainer for medium and large corporations.

[Update] 50% discount for MontrealTechWatch readers. Send an email to news@montrealtechwatch.com to get the coupon number

Presentation of fundica at last Mtl New Tech