Canada Economic Development for Quebec Regions

Canada Economic Development for Quebec Regions

July 07, 2015 14:00 ET

Government of Canada Supports Monteregie Enterprises

Canada Economic Development for Quebec Regions renews funding of Expansion PME Montérégie Est to allow the organization to continue providing services, notably in the area of market development, to the region's businesses

MONT-SAINT-HILAIRE, QUEBEC--(Marketwired - July 7, 2015) - Canada Economic Development for Quebec Regions (CED)

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, Jacques Gourde, Member of Parliament for Lotbinière-Chutes-de-la-Chaudière and Parliamentary Secretary to the Prime Minister, for Official Languages and for the Economic Development Agency of Canada for the Regions of Quebec, announces that the organization Expansion PME Montérégie Est has been granted funding to continue providing assistance to the region's small and medium-sized enterprises (SMEs) that are looking to expand into new markets or to improve their performance in terms of innovation or productivity.

This support has been granted in the form of a $718,000 non-repayable financial contribution through CED's Quebec Economic Development Program.

Quick facts

  • The funding will enable the organization to guide SMEs in their efforts to, among other things, diversify and develop their markets and integrate value chains.
  • The three-year funding agreement extends to March 31, 2018.
  • The project will allow Montérégie Est enterprises to benefit from support in their export market activities and increase the revenues they generate on these markets.
  • Expansion PME Montérégie Est will also be able to help Montérégie Est businesses improve their innovation capabilities by providing specialized support services in this area.

Quotes

"As this funding we are granting to Expansion PME Montérégie Est suggests, our government is taking effective measures to stimulate growth and jobs and to strengthen the competitiveness of the Canadian economy."

Jacques Gourde, Member of Parliament for Lotbinière-Chutes-de-la-Chaudière and Parliamentary Secretary to the Prime Minister, for Official Languages and for the Economic Development Agency of Canada for the Regions of Quebec

"I am very pleased about this funding from CED as it will ensure that the businesses from our region are able to benefit from personalized, professional and clear guidance in international business development and in innovation and productivity through to March 31, 2018."

Nicolas Thuot, President of the Board, Expansion PME Montérégie Est

Related link

Organization Website: http://www.expansionpme.org/en/

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