Backgrounder: Government of Canada awards over $2M to four SMEs in the Abitibi‑Témiscamingue region

Backgrounder

Rouyn-Noranda, Quebec, November 8, 2022Canada Economic Development for Quebec Regions (CED)

The following information is in addition to the news release issued on November 8, 2022, on CED’s financial assistance and the recipient organizations and their respective projects.

Overview

  • 4 projects supported by CED
  • $2,060,500 in repayable financial contributions from CED
  • Total investment generated: $11,191,163

Details

Funding recipient City Project objective Main activities funded by CED CED’s contribution Total cost of the project

Squizz Distributions Inc.

Rouyn-Noranda

The goal of the project is to improve the business’s performance in order to support its growth and boost its productivity and production capacity, through the acquisition of digital production equipment to upgrade, automate and robotize processes.

CED’s funding will allow the business to acquire various equipment, such as an assembly line, an automated packaging machine and a particle detection system, including installation, electricity, plumbing and transportation.

$1,000,000

$4,277,163

Microbrasserie Le Prospecteur inc.

Val‑d’Or

The project aims to ensure the growth of the business through the acquisition of equipment and the automation of the production line. This will allow the business to increase its production capacity, enhance its productivity and develop a new format (473 ml can).

CED’s funding will be used to acquire automated production equipment, such as a bottling line, an industrial brewing system, a cold room and freezer, a steam boiler and an ERP system.

$750,000

$6,000,000

9401-0246 Québec Inc. 

(Alpha Tango Spirits)

Val‑d’Or

The project targets the startup of a micro‑distillery specializing in the production of spirits. Project activities include the acquisition and installation of production equipment; leasehold improvements; start-up costs; and cash injection into working capital.

CED’s funding will cover the acquisition and installation of production equipment, specifically for bottling and labeling, and leasehold improvements.

$269,500

$817,000

Monsieur S’éclate inc.

Val-d’Or

The goal of the project is to improve the business’s production capacity and enhance its productivity. The targeted activities include acquiring and implementing digital production equipment; fitting up the premises; creating a transactional website; and making improvements to the brand image.

The CED funding covers all the project activities.

$41,000

$97,000

Information

Media Relations, CED
media@dec-ced.gc.ca

Page details

Date modified: