Backgrounder: CED investments to support women entrepreneurs
Backgrounder
Montréal, Quebec, September 2, 2020 – Canada Economic Development for Quebec Regions (CED)
The following information is in addition to the news release issued on September 2, 2020, on CED’s financial assistance, recipient businesses and their respective projects.
Women’s contributions to the business world are a major component of Canada’s economic success. However, women entrepreneurs often face significant barriers in trying to create, develop and grow their own businesses. The Government of Canada is committed to fostering the growth of women-owned businesses and supporting organizations that support them.
CED is investing more than $7 million to ensure that women entrepreneurs have the resources, mentoring and capital they need to succeed. In addition, to enable businesses to adapt to the context of COVID-19, CED is enhancing by $3 million its contributions to projects under the Women Entrepreneurship Strategy.
Details
Part 1
- 7 projects supported under the Women Entrepreneurship Strategy
- Initial contributions: $14,288,396
- COVID-19 enhancement: $3,146,000
- Total funding: $17,449,396
Recipient | Activities funded by CED | Initial Contribution | Enhancement | Total Funding |
---|---|---|---|---|
The project, carried out by COlab, aims to train and mentor women entrepreneurs in digital culture. Enhancement: The additional COVID-19 funds will allow the client to support women entrepreneurs remotely through a new digital platform and offer them expert services that meet their needs. |
$912,631 |
$200,000 |
$1,112, 631 |
|
The project aims to stimulate the creation and growth of businesses led by women, through the École des Entrepreneurs du Québec's delivery of a cohort and tailor‑made approach in all regions of Quebec. Enhancement: The additional COVID-19 funds will serve to consolidate |
$3,262,070 |
$785,510 |
$4,047,580 |
|
The project aims to support women entrepreneurs in the agricultural sector through adapted networking and Enhancement: The additional COVID-19 funds will serve to expand the program with individual support services and co‑development. |
$456,961 |
$88,390 |
$545,351 |
|
The project, carried-out by Femmessor, aims to provide specialized support and facilitate access to financing for women entrepreneurs in under-represented sectors—cultural diversity, rural areas and remote regions—and those experiencing their first phases of growth. Enhancement: With the additional COVID-19 funds, individual coaching, specialized expert services, co-development and e‑learning will be amplified. |
$5,735,823 |
$1,250,000 |
$6,985,823 |
|
The project aims to support official language minority community (OLMC) women in starting and growing their SMEs in all regions of Quebec through the delivery of YES's ELLEvate Women Entrepreneurs Project. Enhancement: With the additional COVID-19 funds, individual coaching will be enhanced by new specialized e-learning, online seminars and networking. |
$1,260,000 |
$237,100 |
$1,497,100 |
|
The project aims to help women of immigrant background to develop their entrepreneurial potential through tailored support offered by the Montreal Community Loan Association. Enhancement: With the additional COVID-19 funds, more women will benefit from strategic individual support in e-commerce and management. |
$1,461,000 |
$320,000 |
$1,781,000 |
|
The project aims to provide ongoing mentorship, networking opportunities, workshops and resources to indigenous, Two Spirit and gender-specific entrepreneurs. Enhancement: The additional COVID-19 funds will enable more women to benefit from these services across Canada. |
$1,199,911 |
$265,000 |
$1,464,911 |
Part 2
- 31 projects supported by CED
- $7,006,153 in financial contributions from CED
Region | Recipient | Activities funded by CED | Contribution* |
---|---|---|---|
Abitibi-Témiscamingue |
Cari & Gingembre (9353-7892 Québec Inc.) |
Acquisition and installation of digital packaging and wrapping systems, proportioners, automatic mixing systems, ovens, cooling towers and other related equipment |
$125,000 |
Bas-Saint-Laurent |
Fabrication JMR (9115-8162 Québec Inc.) |
Acquisition and installation of a digitally controlled milling machine, a plasma cutting table and tooling |
$160,000 |
Bas-Saint-Laurent |
Arseno & Associés Publicité (site in French only) |
Acquisition and installation of an automated textile printer and a laser cutting machine, in addition to the implementation of an integrated management system including computer equipment |
$95,000 |
Bas-Saint-Laurent |
Acquisition and installation of an automated sandwich production line, including a packaging machine, a labeller, an unstacking machine, proportioners, slicers and a mixer |
$300,000 |
|
Capitale-Nationale |
Hiring of specialized consultants to optimize a technological platform and completion of marketing activities |
$50,000 |
|
Capitale-Nationale |
Soudure Sanitaire FP et Filles |
Acquisition and installation of a laser cutting machine and a folding machine |
$250,000 |
Centre-du-Québec |
Acquisition of vats and laboratory equipment, automation costs and implementation of a marketing strategy |
$1,000,000 |
|
Centre-du-Québec |
Acquisition of an assembly cell for panels and peripheral equipment |
$358,700 |
|
Centre-du-Québec |
Soudex Métal (site in French only) |
Acquisition and installation of an automated saw and a high-capacity digital folding machine |
$150,000 |
Estrie |
Atelier M.G. (9081-8014 Québec Inc.) |
Acquisition of a CNC machining centre, an automatic saw and two CNC lathes |
$270,000 |
Lanaudière |
Axios Atelier Numérique (site in French only) |
Acquisition and installation of a CNC machining unit, production computers and software, loading and lifting equipment, a dust collector, a wall saw, a compressor and lift arms |
$120,000 |
Laurentides |
Subcontracting for the manufacturing of prototypes, costs for travel to the United States and certification, as well as the acquisition of equipment and software, including a laser engraver and a 3D printer |
$100,000 |
|
Laurentides |
Centre de distribution Couleur Café (site in French only) |
Acquisition and installation of an automated, digitized muslin bagging module and leasehold improvements |
$75,000 |
Laurentides |
Acquisition of an MP5 prototyping machine, a glass cutting machine and a 3D printer, as well as leasehold improvements |
$213,875 |
|
Mauricie |
Acquisition of equipment, including an automated drilling line, a digitally controlled saw, two overhead cranes, a cutting table and a folding press |
$500,000 |
|
Mauricie |
Turcotte atelier de peinture |
Acquisition and installation of an integrated management software package |
$25,840 |
Montérégie |
Acquisition and installation of automatic filling machines and analysis equipment, as well as the installation of new production clean rooms |
$1,000,000 |
|
Montérégie |
Quebec Business Women's Network (site in French only) |
Salaries and benefits, professional fees and operating expenses |
$500,000 |
Montréal |
Annick Lévesque (7290179 Canada Inc.) |
Participation in trade shows and prospecting visits, completion of an advertising campaign, marketing and web strategy consulting fees, development of communication and advertising material and manufacturing of samples |
$99,000 |
Montréal |
Angela Mitchell (9584790 Canada Inc.) |
Implementation of a marketing strategy in the United States |
$50,000 |
Montréal |
Hiring of consultants (public relations, social media and content creation) and completion of a targeted advertising campaign |
$50,000 |
|
Montréal |
Mont Royal Parkas |
Hiring of consultants, development of promotional material, prospecting trips, participation in strategic events, purchase of advertising and acquisition of equipment |
$50,000 |
Montréal |
Participation in business meetings and trade shows in the United States and Europe, website update, promotional activities and intellectual property protection fees |
$150,000 |
|
Montréal |
Coaching de gestion (site in French only) |
Professional fees for consulting in marketing, programming development and instructional material, as well as the implementation of a marketing strategy, the development of promotional tools and the purchase of software |
$100,000 |
Outaouais |
Construction of two lodging units |
$99,999 |
|
Saguenay–Lac-Saint-Jean |
PAG Produits alimentaires (2737-1137 Québec Inc.) (site in French only) |
Acquisition and installation of a gas cooling system, evaporator and condenser, as well as electrical, plumbing and room fit-up costs |
$299,500 |
Saguenay–Lac-Saint-Jean |
La Boucanerie d’Henri (9142-6197 Québec Inc.) |
Acquisition and installation of a pulse jet cleaning tank and an automated slicer, as well as building improvements |
$59,280 |
Saguenay–Lac-Saint-Jean |
Soudure G.F. (9285-5352 Québec Inc.) |
Acquisition and installation of a flame-cutting table, magnetic drilling machines and overhead cranes |
$193,275 |
Saguenay–Lac-Saint-Jean |
Acquisition and installation of an edger and a digitally controlled automatic cutting machine, a trimmer, a dust collector, industrial sewing machines, as well as building expansion |
$137,000 |
|
Saguenay–Lac-Saint-Jean |
Les Ateliers de fabrication du Saguenay (site in French only) |
Acquisition and installation of a digital machining centre, a digital laser cutting table, software, an overhead crane, a forklift, a roller conveyor and a vacuum system, as well as the expansion of the plant |
$374,684 |
Saguenay–Lac-Saint-Jean |
Savard Chaussures (website in French only) |
Marketing activities outside Canada, including the creation of communication tools, brand development, participation in trade shows, travel expenses, professional legal, tax and other services, as well as the acquisition of specialized sewing machines, a riveting machine and a hot press |
$50,000 |
* The types of CED funding are repayable contributions, non-repayable contributions and grants.
Information
Media Relations, CED
dec.media.ced@canada.ca
Page details
- Date modified: