November 6, 2014 – Québec, Quebec – Canada Economic Development for Quebec Regions (CED)
The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, announces that two businesses from the Québec region have been granted financial assistance to market their innovative products.
A specialist in geospatial technologies, Korem Inc. offers a full range of services, software solutions and spatial data to help its clients optimize their business and strategic decision-making. These clients are mainly in the telecommunications, insurance, retail, infrastructure management and public sectors.
This project will enable the enterprise to carry out activities to commercialize its specialized services and geospatial software solutions on central and eastern United States markets.
Achieving these commercialization objectives will allow the company to ensure its growth and create some 20 jobs within the next two years.
Handyem Inc. is a technology firm specializing in the design, manufacture and sale of biological sample analytical instruments that combine the fundamental principles of cytometry with revolutionary optical fiber microfluidic technology.
The aim of the project is to support the start-up of the company by providing financial assistance for the international commercialization of its products, namely the compact and portable cytometers used for life sciences research.
This project is expected to generate positive spinoffs by allowing Handyem to increase its exports and create at least two new jobs.
Total number of projects: 2
Total contribution from Canada Economic Development: $470,000
Total investment generated by these projects: $1,480,000
