Canada Economic Development for Quebec Regions

Canada Economic Development for Quebec Regions

June 16, 2015 16:00 ET

Government of Canada Supports Merinov

Quebec fisheries and aquaculture innovation centre receives funding from the Government of Canada for the acquisition to leading-edge equipment to help enterprises in the sector improve their productivity and become more competitive

ÎLES-DE-LA-MADELEINE, QUEBEC--(Marketwired - June 16, 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 announces that Merinov has been granted financial assistance that will allow the organization to pursue and intensify its technology transfer and applied research activities with businesses operating in the fisheries, aquaculture, valorization and marine biotechnology sectors.

This funding is being awarded in the form of a $155,598 non-repayable contribution through CED's Quebec Economic Development Program.

Quick facts

  • Merinov is a fisheries and aquaculture innovation centre established in 2010. Its activities are aimed at building new knowledge and technologies to further the development of Quebec's fisheries, aquaculture and aquatic biomass valorization industries.
  • This investment will enable Merinov to acquire state-of-the-art equipment for research and development that will translate into more effective technology transfer and applied research.

Quotes

"To our government, economic prosperity is best achieved through investments like the one Merinov is getting set to make to increase its technology transfer capabilities and improve the competitiveness of enterprises in the fisheries, aquaculture, valorization and marine biotechnology sectors."

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

"We make substantial investments in upgrading our equipment to stay ahead of the technology curve. This funding from CED will allow us to continue in this direction while providing our industry with the necessary tools to adjust to changing conditions and become more efficient and competitive."

Gino Lebrasseur, President, Merinov

Related link

Merinov Website: http://merinov.ca/en/

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