Canada Economic Development for Quebec Regions

Canada Economic Development for Quebec Regions

April 08, 2015 11:00 ET

Government of Canada Supporting Economic Diversification of Mauricie

Funding of the Fonds de developpement economique LaPrade St-Maurice to help Shawinigan SMEs get guidance with their growth projects

SHAWINIGAN, QUEBEC--(Marketwired - April 8, 2015) - 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, today announced that Fonds de développement économique LaPrade St-Maurice Inc. has been granted funding to support the growth of Shawinigan enterprises.

This financial assistance has been awarded in the form of a $200,000 non-repayable contribution through CED's Quebec Economic Development Program.

Quick facts

  • Fonds de développement économique LaPrade St-Maurice Inc. provides guidance and aid to small and medium-sized businesses looking to carry out growth projects.

  • The funding from CED will enable the Fonds to support the economic diversification of Shawinigan following the closing of major corporations in the area in recent years.

  • A non-profit organization, Fonds de développement économique LaPrade St-Maurice Inc. has been contributing to the economic development of the Mauricie region since 1987, investing over $8.7 million in local businesses to date.

Quote

"The concrete assistance we are providing to business support organizations like the Fonds de développement économique LaPrade St-Maurice shows that our government remains firmly focused on its objectives of economic growth and job creation."

Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec

Related links

For further information on the QEDP: http://www.dec-ced.gc.ca/eng/programs/qedp/index.html

To learn more about the Fonds de développement économique LaPrade St-Maurice (in French only): www.fondslaprade.ca

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