Backgrounder: CED funding for businesses and organizations working in regional development
Backgrounder
Trois-Rivières, Quebec, July 24, 2020 – Canada Economic Development for Quebec Regions (CED)
The following information is in addition to the news release issued on July 24, 2020, on CED’s financial assistance, recipient businesses and their respective projects.
Summary
- 37 projects supported by CED
- $22,485,153 in financial contributions from CED
Details
| Region | Recipient | Activities funded by CED | Contribution* |
|---|---|---|---|
| Abitibi-Témiscamingue | Quebec Mineral Exploration Association | Implementation of the sustainable mining certification program for mineral exploration companies, including mining goods and services suppliers | $86,675 |
| Abitibi-Témiscamingue | PHB (Perron, Hudon, Bélanger) | Purchase of photogrammetric digital data capture equipment | $1,350,000 |
| Abitibi-Témiscamingue | Hydraulique JMPE (9183-5975 Québec) | Acquisition and installation of specialized equipment such as digital towers and a bridge crane, as well as the expansion of the plant | $284,500 |
| Chaudière-Appalaches | Kemitek (formerly Oleotek) | Purchase of specialized equipment, including continuous flow chemistry technology, for pilot plant | $450,000 |
| Chaudière-Appalaches | Ag-Bio Centre | Salaries and professional fees for coaching incubated businesses and providing them with strategic support | $300,000 |
| Côte-Nord | Ville de Sept-Îles | Purchase of two modular buildings to improve visitor and service facilities of boat operators offering tourist boat trips in the Sept-Îles archipelago | $54,000 |
| Estrie | Champeau (J.M. Champeau) | Purchase of pilot processing line as part of this business’s digitization | $834,431 |
| Estrie | Quartier artisan (Quartier artisan de Lac-Mégantic) [website in French only] | Costs to continue operating for three years in order to support the start-up of craft businesses and coach entrepreneur craftspeople | $315,800 |
| Estrie | Esplanade (Esplanade Montréal), Espace-Entrepreneur (Espace-inc), Développement économique de l’agglomération de Longueuil (DEL) et Mouvement des accélérateurs d’innovation du Québec (MAIN) | Support for these four organizations in the rollout of a new service channel to support start-ups with an environmental and social impact in seven regions of Quebec and in five high-potential sectors (health, food systems, environment, education and finance) | $1,500,000 |
| Estrie | Activar Hôtels (9401-2945 Québec) | Building of new hotel in downtown Lac-Mégantic, development of site, purchase of equipment and furniture | $500,000 |
| Gaspésie‒Iles-de-la-Madeleine | Council for Anglophone Magdalen Islanders (CAMI) | Strategic planning and mounting of new multimedia heritage exhibit at the Old Harry Church museum | $132,616 |
| Gaspésie‒Iles-de-la-Madeleine | Avalanche Québec (website in French only) | Development and marketing of the “Ski Haute-Gaspésie” app for back-country hikers in the Chic-Chocs area | $15,000 |
| Gaspésie‒Iles-de-la-Madeleine | Council for Anglophone Magdalen Islanders (CAMI) | Enhancement of Entry Island museum’s tourism offering | $323,863 |
| Lanaudière | Lanaudière économique (website in French only) | Salary of a resource dedicated to coaching innovative businesses, cost of compiling a regional overview of innovation and promoting the region’s economic opportunities | $300,000 |
| Lanaudière | SODIL (Société de développement international de Lanaudière) [website in French only] | Operating expenses of the regional export promotion organization (ORPEX) and costs of its activities to develop export markets for Lanaudière SMEs | $411,000 |
| Lanaudière | Metal Manufacturing Alliance | Professional fees for creating and operating an interactive digital platform for the digital marketing of participating metal manufacturing SMEs | $140,933 |
| Laurentides | Film Laurentides | Salaries, operating and marketing expenses and professional fees with respect to the promotion of the Laurentians as a location for producing national and international films | $217,000 |
| Laurentides | Corporation industrielle de Sainte-Agathe-des-Monts | Purchase and installation of equipment and accessories, and fit-up of offices for the La Cuisine project, an industrial food processing shop for companies operating according to a sharing (access) economy approach | 100 000 $ |
| Mauricie | CDEC de Trois-Rivières (website in French only) | Operating expenses related to local economic development mandate (planning and implementing impactful, engaging projects, and supporting entrepreneurship) | $496,758 |
| Mauricie | CAE Laprade Trois-Rivières (website in French only) | Part of the agency’s operating expenses in order to provide coaching services and technical support adapted to small local businesses | $927,104 |
| Mauricie | Économie du savoir Mauricie (website in French only) | Salaries and professional fees to provide targeted, specialized coaching to innovative businesses in the Mauricie | $300,000 |
| Montérégie | Commerce international Québec Montérégie-Ouest (CIQMO) | ORPEX’s operating expenses for two 18-month periods, to support SMEs in the Montérégie-Ouest area in their efforts to diversify and develop export markets (two funded projects) | $370,597 |
| Montréal | Chambre de commerce de l'Est de Montréal (website in French only) | ORPEX’s operating expenses for three years to support SMEs in the East of Montréal area in their efforts to diversify and develop export markets | $480,000 |
| Montréal | mmode, the Metropolitan Fashion Cluster | Operating expenses for three years to support organization of the cluster network and increase visibility of the Quebec fashion industry | $600,000 |
| Montréal | Quartier de l'innovation | Operating expenses for three years to develop and implement targeted projects to foster collaboration and experimentation between entrepreneurs, academics and the public | $600,000 |
| Montréal | Montréal International | Expansion of the International Secretariat for Water (ISW) headquarters | $50,000 |
| Montréal | Montréal International | Establishment of Rights & Resources Initiative (RRI) office in Montréal | $116,667 |
| Montréal | Montréal International | Move of the Global Open Data on Agriculture and Nutrition (GODAN) headquarters to Montréal | $183,334 |
| Montréal | Quebec Film and Television Council (QFTC) | Operating expenses for three years of the team dedicated to promoting Quebec’s cinema and television industry abroad, international promotional activities and hosting of foreign producers | $775,125 |
| Montréal | Montreal Council on Foreign Relations (MCFR) | Operating expenses to make it possible to organize international events for the Montréal business community and expose Greater Montréal SMEs to potential new markets | $100,000 |
| Montréal | Montréal International | Organization’s operating expenses for 36 months to prospect and retain direct foreign investment in Greater Montréal | $5,925,000 |
| Montréal | TechnoMontréal | Salaries and professional fees related to the organization’s operations and rent, and costs directly related to the Innovation working group (promoting the industry, Plan de M@tch and internationalizing the industry) | $200,000 |
| Outaouais | Mountain Granite | Purchase of numerically controlled machining tools (lathe, polishing machine and saw) | $294,750 |
| Québec | Quebec Wood Export Bureau (QWEB) | Market development, promotion and information | $1,500,000 |
| Québec | Optonique | Implementation of 2020–2023 action plan in order to structure and stimulate the growth of Quebec’s optics/photonics industry | $450,000 |
| Saguenay‒Lac-Saint-Jean | Nutrinor Coopérative | Purchase, installation and programming of specialized equipment (ultra-filtration system and pre-heater), automatization of processes, expansion of dairy plant and refitting of facilities | $1,800,000 |
* The types of CED funding are repayable contributions, non-repayable contributions and grants.
Information
Media Relations, CED
dec.media.ced@canada.ca
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