Canada Economic Development

Canada Economic Development

December 15, 2009 10:00 ET

Government of Canada Grants $94,000 in Funding to the Firm Grelots, Batons et Cie du Fou du cochon to Boost Productivity

LA POCATIERE, QUEBEC--(Marketwire - Dec. 15, 2009) - Acting of behalf of the Honourable Denis Lebel, Minister of State for Canada Economic Development, Bernard Genereux, the newly elected Member of Parliament for Montmagny-L'Islet-Kamouraska-Riviere-du-Loup, today announced $94,000 in non-repayable funding to the enterprise Grelots, Batons et Cie du Fou du cochon under the Community Diversification program. This financial assistance will enable the SME to acquire leading-edge equipment to increase its production and pursue its growth strategy. This project will generate investments of $315,000 and a new job will be added to the five existing ones.

Founded in 2006 by two young Bas-Saint-Laurent entrepreneurs, the firm has found its niche in manufacturing a variety of Quebec Vrai-certified organic cured meats from local products. The meat dressers have become a brand name in the region's terroir food landscape, and demand for their products is steadily rising. The funding from Canada Economic Development will enable the firm to purchase a dryer, a stuffer, a heat sealer and other utility equipment in order to increase productivity.

"From the very outset, Canada Economic Development has been a partner of Grelots, Batons et Cie du Fou du cochon, an SME whose home-made products are helping diversify the economic base of the Kamouraska Regional County Municipality (RCM), and consolidating the agri-food market niche in the Bas-Saint-Laurent. Dynamic enterprises, like this one, contribute to the vitality of the region," explained MP Bernard Genereux.

"The Agency's contribution should enable this young enterprise, currently housed at the business incubator of the Centre de developpement bioalimentaire du Quebec de La Pocatiere (CDBQ), to develop its manufacturing processes with the ultimate goal of achieving greater autonomy," he concluded.

Time has proven the two entrepreneurs right; they won the National Award for business creation, Bio-food category, at the 2006 edition of the Quebec Entrepreneurship Contest, as well as the Office franco-quebecois pour la jeunesse award for the same year. This second prize gave them the opportunity to develop expertise in the fermentation and preservation of meat through contacts established with Corsica.

For more on Canada's Economic Action Plan, see www.actionplan.gc.ca.

Canada Economic Development is online at www.dec-ced.gc.ca. Subscribe to the Agency's press releases at http://www.dec-ced.gc.ca/eng/media-room/mailing-list/list.html to keep up with the latest news.

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