News release: Six homegrown businesses can count on Government of Canada support
We are proud to announce that Nucleom is one of six companies to receive a repayable contribution from the Government of Canada
Over 50 jobs to be created in the Québec region thanks to major financial assistance from CED
January 15, 2020, Québec, Quebec – Canada Economic Development for Quebec Regions (CED)
The Québec region is a recognized innovation pole. Many businesses have chosen to set up shop here to continue to grow and create quality jobs.
While in Québec today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, was able to gain an appreciation of how the growth of these businesses is contributing to the diversification of our economy, while continuing to improve the quality of life of Quebec families. In this, SMEs can count on the sustained accompaniment of the Government of Canada.
During a visit to Rugged Monitoring Québec, a young SME positioning Canadian know-how in electro-optics on the international scene, the Minister announced repayable contributions totaling $1,908,750 to six regional businesses, including Nucleom, Myca Health, Can-Explore, S. Huot and Multi-Action Communication, as well as the host business.
A strong economy and good jobs
These high-performing businesses are ambitious, wanting to break into new markets, develop innovative products and acquire and install equipment that will enable them to pursue their growth. Their respective projects will generate investments totaling more than $9 million and create 53 jobs in the Québec region.
Businesses can require assistance at various stages, from starting up to marketing a new product to growing. Quebec businesses are doing everything possible to innovate, enhance their productivity and become more competitive, which is a great boost to the economic vitality of our regions. The Government of Canada is present to continue to work closely with SMEs and support them in their projects.
“We are here to help workers and Canadian SMEs. We help businesses equip themselves adequately to be able to grow and reach their objectives. The six SMEs I met today are examples of businesses leveraging innovation, a veritable economic driver and pillar of growth benefiting our regions in Quebec.”
The Honourable Mélanie Joly, Minister of Economic Development and Official Languages
Quick fact
- Funds have been granted under CED’s Quebec Economic Development Program and Regional Economic Growth through Innovation program.
Related product
For further details on the projects, please go to the related backgrounder.
Sources
Media Relations
Canada Economic Development for Quebec Regions
514-283-7443
dec.media.ced@canada.ca
Jeremy Ghio
Communications Director
Office of the Minister of Economic Development and Official Languages
jeremy.ghio@canada.ca
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