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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