Backgrounder: Financial support for 14 projects in Gaspésie region

Backgrounder

Percé, Quebec, August 14, 2020 Canada Economic Development for Quebec Regions (CED)

The following information is in addition to the news release issued on August 14, 2020, on CED’s financial assistance, recipient businesses and their respective projects.

Summary

  • 14 projects supported by CED through the Quebec Economic Development Program (QEDP), the Regional Economic Growth through Innovation (REGI) program and the Regional Relief and Recovery Fund (RRRF).
  • $2,968,566 in financial contributions from CED.

Details

Recipient Project Objective Main Activities Funded by CED Program CED Contribution* Total Investment per Project
Bioparc de la Gaspésie   Working capital support in relation to the COVID-19 situation RRRF $160,382
(non-repayable)
N/A
Brasserie Auval Brewing co. (site in French only) Enhance productivity and increase production capacity Purchase of production equipment; process automation; building expansion REGI $350,000
(repayable)
$924,500
Brett & Sauvage Launch a nanobrewery Facility improvements and purchase of production equipment REGI $295,500
(repayable)
$813,500
Centre de congrès régional de la Gaspésie   Working capital support in relation to the COVID-19 situation RRRF $69,000
(non-repayable)
N/A
Distillerie des Marigots Launch a distillery Building construction and purchase of production equipment REGI $253,000
(repayable)
$1,379,000
Distillerie des Marigots   Working capital support in relation to the COVID-19 situation RRRF $40,000
(repayable)
N/A
Eon Art Canada   Working capital support in relation to the COVID-19 situation RRRF $95,400
(repayable)
N/A
Exploramer   Working capital support in relation to the COVID-19 situation RRRF $256,901
(non-repayable)
N/A
Hôtel Manoir Belle Plage (Hôtel Motel Belle Plage Carleton) Modernize the facilities of a tourism accommodation establishment Infrastructure improvements QEDP $70,000
(repayable)
$425,000
Les Ateliers Will Nicolas Enhance productivity and increase production capacity Building expansion; purchase and installation of numerically controlled, high-performance machining equipment REGI $602,192
(repayable)
$1,553,824
Les Percéides, Festival international de cinéma et d'art de Percé (site in French only) Purchase an array of digital equipment Purchase of projection equipment and other related film accessories QEDP $25,772
(non-repayable)
$127,840
Microbrasserie Pit Caribou Expand and improve microbrewery productivity Facility expansion and improvements; purchase and installation of new brewing equipment REGI $163,500
(repayable)
$552,000
Soudure Jones Enhance productivity and increase production capacity Building expansion; purchase and installation of numerically controlled, high‑performance machining equipment QEDP $530,917
(repayable)
$1,431,835
Traversées de la Gaspésie (site in French only)   Working capital support in relation to the COVID-19 situation RRRF $56,002
(non-repayable)
N/A

* 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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