New tool helps Hamilton businesses find funding faster

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Published September 29, 2022 at 11:06 am

New tool helps Hamilton businesses find funding faster
The City of Hamilton is collaborating with Fundica, an intelligent funding search engine firm, to offer a new platform equated to speed dating for funding.

The City of Hamilton made it much easier for local businesses to find funding.

The city’s economic development department is collaborating with Fundica, an intelligent funding search engine firm, to offer a new platform equated to speed dating for funding, hoping to make the process easy and highly tailored to the individual business.

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Hamilton is the first city in Ontario to implement Fundica’s intelligent funding search engine.

“What we know quite well, particularly through the pandemic, is that access to timely and relevant funding can be the difference between business success and business failure,” said Norm Schleehahn, Hamilton’s director of economic development. “We are consistently looking to make doing business in Hamilton easier, and the partnership with Fundica is a key way to help businesses in their funding quest so they can keep going and growing.”

Fundica is an award-winning, AI-powered funding matching solution provider for entrepreneur-support organizations across North America. Through Fundica, these organizations can empower small to medium-sized businesses to easily identify and apply for the most relevant government and complementary funding available on the organization’s site.

“We are excited to be able to power the City of Hamilton as a one-stop funding destination for business owners,” said Mike Lee, CEO and co-founder of Fundica. “The City of Hamilton and Fundica are both united in our mission of making funding accessible for all businesses and simplifying the lives of business owners in Hamilton.”

Hamilton’s economic development office is the central point of contact for local business assistance. Its services are geared to serve startups, corporate relocations, and the expansion and retention of existing businesses.

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