AEF Global Inc. Receives Support from Government of Canada

LÉVIS, QUEBEC--(Marketwired - Jan. 24, 2014) - Canada Economic Development

Acting on behalf of 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, the Honourable Steven Blaney, Member of Parliament for Lévis-Bellechasse and Minister of Public Safety and Emergency Preparedness, today announced that the firm AEF Global Inc. has been granted financial assistance from the Government of Canada to expand into international markets and significantly boost its exports.

This assistance has been awarded in the form of a $100,000 repayable financial contribution through Canada Economic Development's Quebec Economic Development Program.

Quick facts

• AEF Global specializes in the manufacture of biopesticides, integrated products and natural fertilizers for the ornamental horticulture, agriculture and forestry sectors.
• In addition to enabling the company to hire a market development director, this project is expected to lead to the creation of further jobs as the result of its future economic impacts.

Quotes

"Our Government is committed to strengthening the competitiveness of the Canadian economy on external markets in order to maintain growth and jobs. In keeping with that commitment, we support the development of export firms like AEF Global."

Steven Blaney, Minister of Public Safety and Emergency Preparedness

"This financial support allows us move into action with our search for new markets. We are now in the process of selecting the right partners. Our new fungicides for the agricultural sector and new herbicide for lawn care are already drawing their interest."

Robert Masella, Director, International Business Development, AEF Global

Related link

AEF Global Web site

Keep up with the latest news from Canada Economic Development by visiting www.dec-ced.gc.ca or subscribing to Twitter @CanEconDev.