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The Funding Portal secures Ontario Securities Commission registration

Published by Brad Fougere on May 20, 2014

The Funding Portal, Canada’s only registered service assisting companies with both government and private financing, has launched Private Financing in addition to its government funding services. An Exempt Market Dealer, as registered by the Ontario Securities Commission, The Funding Portal will work actively to leverage government financing with various forms of private capital.

“The registration of The Funding Portal is part of the movement by regulators to accommodate new internet-based offerings designed to improve access to capital,” said The Funding Portal CEO Teri Kirk in a release. “By providing fast, affordable services that improve access to some $30 billion a year in government funding, and now sources of private investment as well, we’re making it easier for Canadian businesses to secure the funding they need to innovate and succeed.”

Registration from the other provincial securities regulators is expected this month.

“Our significant experience assisting companies through government funding processes, marketing-tested tools and solutions and, now, registration with securities regulators, enable us to begin offering the service immediately.

The Funding Portal assists companies to secure government funding and private investment at the seed to mid-cap range - $100,000 to $5 million, the release said.

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