Backgrounder: CED investment to support Indigenous entrepreneurs
Backgrounder
Wendake, Quebec, February 9, 2021– Canada Economic Development for Quebec Regions(CED)
The following information is in addition to the news release issued on February 9, 2021, on CED’s financial assistance, recipient businesses and their respective projects.
Summary
- 5 projects supported by CED
- 24 jobs created
- $1,823,744 in financial contributions from CED
- $7,139,243 in total investments generated by these projects
Details
Region | Recipient | Activities funded by CED | Jobs created | Contribution amount and type | Total project amount |
---|---|---|---|---|---|
Interregional |
First Nations of Quebec and Labrador Economic Development Commission |
Salaries and travel and operating costs for entrepreneurial services for members of Quebec’s First Nations for a period of three years. |
$500,000 |
$1,096,499 |
|
Abitibi-Témiscamingue |
Costs to rebuild and purchase equipment for a service station and convenience store. |
13 |
$359,000 |
$2,800,000 |
|
Abitibi-Témiscamingue |
Costs to build a new workshop and purchase equipment, tools and materials. |
$182,939 |
$563,439 |
||
Mauricie |
Atikamekw Sipi - Conseil de la Nation Atikamekw(website in French only) |
Certain operating costs, as well as the salary and benefits of the economic development coordinator. |
1 |
$300,000 |
$900,000 |
Saguenay–Lac-Saint-Jean |
Purchase and installation of production equipment, as well as leasehold improvement fees for a start-up. |
10 |
$481,805 |
$1,779,305 |
Information
Media Relations, CED
dec.media.ced@canada.ca
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