GATINEAU, QUEBEC--(Marketwired - July 6, 2015) - Canada Economic Development for Quebec Regions (CED)
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, 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, today announced that two Outaouais firms have been awarded financial support to increase their commercialization activities.
This assistance is being provided in the form of two repayable contributions totalling $462,500 through CED's Quebec Economic Development Program.
Quick facts
- The two recipients of this financial assistance from the Government of Canada are Foko Inc. and DBx Geomatics Inc.
- The $300,000 contribution to Foko Inc. will enable this innovative company to start up, and will lead to development of the Canadian and U.S. markets.
- DBx Geomatics Inc. has been awarded $162,500 in financial assistance in order to increase commercialization activities for its new product, CartoVista5, in Canada, the United States and France.
Quote
"To help the Canadian economy remain competitive, our Government is committed to doing all it can to support enterprises that, like Foko and DBx Geomatics, are developing new products that are not only innovative but competitive on external markets as well."
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
Related links
For further information on the QEDP: www.dec-ced.gc.ca/eng/programs/qedp/index.html
Foko Inc. Web site: foko.co/index.html
DBx Geomatics Inc. Web site: www.cartovista.com/about
Stay connected
Follow CED on Twitter @CanEconDev
Contact Information:
Canada Economic Development for Quebec Regions
514-283-8818
media@dec-ced.gc.ca
Vincent Rabault
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development for Quebec Regions
514-496-1282
vincent.rabault@miga-maig.gc.ca