Fundsquire Canada

11/29/2022

"It’s important to be willing to make mistakes. The worst thing that can happen is you become memorable." – Sara Blakely, Founder of Spanx.

11/28/2022

How startups and small businesses are responding to shifting customer expectations http://ow.ly/3HHH50LOUPl

Due to the downturn, startups are reevaluating how they communicate with their customer base.

Research from American Express found that 75% of small and medium sized businesses in the UK are pivoting.

11/22/2022

"Fundsquire was quick to react to our request for an advance against a slow payment of our grant owed. This was incredibly helpful, as we’re a Seed round business, closing in on our Series A investment round." - Luke Giacomazzi, Head of Finance at Canopy

11/21/2022

The Zappos way of building company culture http://ow.ly/n7Xg50LGm4H

In this article, we will take a look at how Zappos is able to deliver sustainable happiness to customers, employees, and shareholders alike and what are the core values that determine this company’s success.

11/17/2022

"You have to see failure as the beginning and the middle, but never entertain it as an end." - Jessica Herrin

11/17/2022

⚠️CA Grant deadline alert⚠️
The Grand Challenges Canada - Stars in Global Health grant application is due Dec 15th!

Are you a Canadian business with innovative solutions addressing the human health impacts of climate change in low- and middle-income countries? Successful proposals will be awarded seed grants of up to CAD $150,000 for a period of up to 18 months to develop and test the proposed innovation.

Application details here: http://ow.ly/Rk0O50LGkES

The Stars in Global Health program supports Bold Ideas with Big Impact® from the best and brightest scientists and innovators, both in low- and middle-income countries and in Canada, to address some of the most pressing global health challenges.

11/16/2022

Entrepreneurs, Use The Recession Or Economic Slowdown As An Opportunity To Reset The Business http://ow.ly/8hIA50LF4sS

According to a McKinsey article, smaller companies must make critical business adjustments. Here are some insights.

If we are headed into a recession, take the necessary steps right now to safeguard the business and plan for growth later in 2023.

11/15/2022

"Fundsquire's funding allowed us to continue to grow the business and create value, and increase the value of the business while working on securing equity funding." - Jean-Claude Abouchar, Co-Founder & Chief Product Officer PrimeXConnect

11/14/2022

💡Employee spotlight alert!

Meet Cristina, our Senior Credit Analyst in the Canadian Office!

Over the last seven years, Cristina has worked in Credit Risk roles, helping SMEs grow their businesses and closing financing gaps. She finds it exciting working for Fundsquire because she enjoys helping young companies achieve their financial goals while contributing to innovative and disruptive ideas - helping Canada's economic growth.

When she is not at work, she loves spending time with her five dogs 🦮 🐕‍🦺 🐩 🐕 🐕‍🦺 (this is not a typo) and connecting with nature 🌲

Stay tuned as we continue to feature more from our !

11/14/2022

What is your cost of capital? http://ow.ly/hUwR50LBcgv

Before you can justify undertaking such projects, you will need to prove to your stakeholders that you can generate a return on investment and that this return will be better than the cost of capital.

11/09/2022

The 5 Most Dangerous Cognitive Biases For Startup Founders http://ow.ly/Qyg550Ly4pZ

To succeed as a startup founder you need to make as many correct decisions as possible in the context of the available information and resources.

As a founder, you need to be aware of some of the common cognitive biases that tend to hinder your decision-making, as it will help you set up systems in place to counteract their effect. Here’s a list that can help you get started.

11/08/2022

“Fundsquire solves one very significant problem, which is a funding gap, a bridge or working capital gap. Working with the team was simple and straightforward, with easy documentation and clear covenants which made it a really smooth process.” - John Seal, CFO of Oceanium