Government of Canada Supports Launch of Concept Inferno Production Line

SAINT-MICHEL-DES-SAINTS, QUEBEC--(Marketwired - April 29, 2014) - Canada Economic Development

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 Coopérative de Solidarité de la Matawinie (COOPSOM) has been granted financial support to start up the manufacture of firestarter briquettes and ecological firelogs made from recycled materials that will be sold under the brand name Concept Inferno.

This assistance has been awarded in the form of a $223,000 repayable financial contribution through Canada Economic Development's Quebec Economic Development Program.

Quick facts

• The investment will enable COOPSOM to acquire manufacturing equipment.
  
  
• The enterprise's products use reclaimed forest biomass and are part of a wider effort to increase sustainable development-based economic practices in Canada.
  
  
• Completion of this project in the Matawinie RCM will help diversify the regional economy, which is heavily reliant on the forest industry.
  
  
• According to COOPSOM, this initiative will result in the creation of 10 full-time jobs between now and 2016.
  
  

Quotes

"By lending financial support to this COOPSOM project, our Government is once again recognizing the fundamental role that businesses play in bringing about 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

"The launch of Concept Inferno is the outcome of years of research. We will be bringing high-quality products to the market that stand apart from the competition. The support announced today will ensure the establishment and commercialization of these products."

Marc Champoux, President, Coopérative de Solidarité de la Matawinie

Related site

Concept Inferno Web site: http://www.concept-inferno.com/

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