QUÉBEC CITY, QUEBEC--(Marketwired - April 15, 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, today announced that 10 businesses in the Québec City region have been granted financial assistance to support their commercialization efforts.
This assistance, which totals $2,121,000, has been awarded in the form of repayable financial contributions through Canada Economic Development's Quebec Economic Development Program.
Quick facts
- The 10 recipients of this assistance from the Government of Canada are: Panthera Dental Inc., Consulair Gaston Boulanger Inc., Phytronix Technologies Inc., Ellicom Inc., Telops Inc., De Marque Inc., Mirego Inc., Agil-IT Logiciels libres en affaires Inc., NovAxis Solutions Inc. and Polyrix Inc.
- These contributions from the Government of Canada will help finance commercialization activities that, once completed, should lead to the creation of about 100 jobs.
Quote
"By supporting the commercialization efforts of these enterprises in the Québec City region, our government is showing once again that it is committed to investing in projects that help ensure economic growth."
Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec
Related document
See the related backgrounder for further details on these 10 projects.
Related link
To learn more about the QEDP, go to: http://www.dec-ced.gc.ca/eng/programs/qedp/index.html
Keep up with the latest news from Canada Economic Development by visiting www.dec-ced.gc.ca or subscribing to Twitter @CanEconDev.
Financial assistance granted through the Quebec Economic Development Program (QEDP)
Commercialization projects in Québec
| Promoter | |
| Panthera Dental Inc. | Repayable contribution of $300,000 on a total investment of $750,000. Founded in 2011, Panthera Dental Inc. (Panthera) develops, manufactures and supplies computer-produced prosthetic implants and dental sleep appliances such as anti-snoring devices to dental laboratories, denturologists and dental surgeons. Through its transactional Web site, Panthera is sent digital pictures or, more frequently, scanned images of moulds taken of patients' mouths by customers across Canada and abroad. The project is aimed at developing the company's commercialization activities and improving its manufacturing capabilities. More specifically, it involves hiring a sales representative for the U.S. market and another for the Canadian market, taking part in industry trade fairs, carrying out advertising and acquiring highly-specialized equipment. This project is part of the growth strategy the company has put in place to grow a national and international client base for its dental products. By reaching its sales objectives and ensuring its growth, the firm expects to create 25 jobs between now and May 31, 2016, four of them during the course of the project. |
| Consulair Gaston Boulanger Inc. | Repayable contribution of $280,000 on a total investment of $700,000. Consulair Gaston Boulanger Inc. has been offering air sampling and emission testing services and equipment since 1991. The company's expertise rests on its innovative technology derived through R&D as well as on the experience of its administrators and team of experts in various industrial sectors. The project involves carrying out commercialization activities and developing new state-of-the-art sampling equipment. The enterprise's target clientele will include aluminium smelters around the world. More specifically, the project will consist of hiring two market development specialists in environmental technology and acquiring specific testing equipment. Once completed, this project is expected to result in the creation of at least six new jobs. |
| Phytronix Technologies Inc. | Repayable contribution of $275,000on a total investment of $680,000. Phytronix Technologies Inc. (Phytronix), a stock company incorporated in 2000, specializes in analytical instrumentation products and services. Phytronix is an extremely innovative and competitive enterprise thanks to its multidisciplinary and versatile scientific team. The company designed and developed a new technology, the Laser Diode Thermal Desorption (LDTD) ionization source, which is able to identify and fully analyze molecules in less than four seconds, making it the world's fastest technology using mass spectrometry for laboratory sample testing: biopharmaceutical, toxicological and forensic. Introduced to the market in 2006, this product has enabled Phytronix to position itself as a leader in the field of ultra-high throughput technology for mass spectrometry. This project, part of the commercialization strategy for the LDTD ionization source, is aimed at stepping up deployment efforts on the global clinical market, particularly in Asia, and at increasing the manufacturing capacity of new consumer products related to this technology. Phytronix expects that at least two high-level jobs will be created as a result of this project. |
| Ellicom Inc. | Repayable contribution of $250,000on a total investment of $500,000. Founded in 2002, Ellicom Inc. specializes in the design and development of eLearning products and services. The company is implementing a strategy to commercialize its innovative solutions in North America, South America and Africa. The project involves taking part in industry trade shows and organizing promotional events, initially targeting large national corporations and multinationals. While ensuring the company's growth, reaching its sales objectives is expected to result in the creation of 15 new jobs in the next two years. Ultimately, the project will also help the enterprise develop new international clienteles. |
| Telops Inc. | Repayable contribution of $250,000 on a total investment of $1,170,000. In operation since 2000, Telops Inc. is a world-class SME specializing in the design, manufacture and sale of high performance infrared cameras and hyperspectral imaging systems for the defence, industrial, environmental and academic research industries. Telops also provides research and development (R&D) services in optical systems technology development to respond to the specific needs of its customers. The company's project is aimed at commercializing new and improved products through such activities as the manufacture of commercial prototypes, participation in trade fairs and the hiring of a sales representative for the European market. The firm expects that this project, once completed, will lead to the creation of two new jobs. |
| De Marque Inc. | Repayable contribution of $212,500 on a total investment of $425,000. Founded in 1990, De Marque Inc. (DM) is a recognized leader in the field of digital cultural content distribution, specifically digital books. The company developed Cantook (CK), a safe and innovative warehousing and distribution platform for digital books that can be used by publishers and distributors to sell their products to bookstores and libraries and to gain access to a network of customers and partners directly involved in the development of the digital book market all over the world. The project is aimed at the international commercialization of digital book warehousing and distribution technology solutions and at the optimization of management capabilities. The company expects to create 10 jobs and develop new international markets as a result of this project. |
| Mirego Inc. | Repayable contribution of $200,000 on a total investment of $400,000. Mirego Inc. (MI), founded in 2007, designs and develops software solutions for mobile devices such as smartphones, tablets and digital music players. Available for Apple and Android platforms, these solutions and mobile applications do everything from improving internal organizational processes to simplifying information sharing during board meetings, revolutionizing the way people buy, view videos, play, and check the weather, and helping businesses manage their inventory. The project is aimed at commercializing Mirego's services in North America. The company will initially target large retail banners. Activities are to include hiring two market development representatives specialized in the mobile industry, rebuilding the company's Web site, taking part in industry trade shows, advertising and implementing a computerized customer management system. The project is part of the IT firm's growth strategy for building a clientele outside the province. According to Mirego, this project will lead to the creation of 10 jobs, two of them during its implementation phase. |
| Agil-IT Logiciels libres en affaires Inc. | Repayable contribution of $195,000 on a total investment of $390,000. Agil-IT Logiciels libres en Affaires Inc. (AIT) is a stock company incorporated in 2011 that designs and sells ERP management software for SMEs operating primarily in the manufacturing sector. The firm's project is aimed at commercializing an innovative software solution for North American trucking companies and developing a new product. This initiative is part of Agil-IT's growth strategy, which involves building a North American client base for its new product once the R&D phases have been completed. With this project, the enterprise expects to create 20 jobs by September 2015, including two during the project implementation phase, and to develop new clienteles in North America. |
| NovAxis Solutions Inc. | Repayable contribution of $92,000 on a total investment of $184,000. NovAxis Solutions Inc., founded in 1989, specializes in the design of database management software solutions. In the 1990s, NovAxis became one of the first Quebec enterprises to make its software directly useable on the Web. The company's R&D activities led to the development of WebSelf (WS), an online tool for creating and managing Internet sites. WS is intended mainly for the self-employed (accountants, psychologists, artisans, lawyers, etc.), NPOs, retailers and small businesses. The firm's project is aimed at carrying out commercialization activities in order to develop WebSelf distribution or resale partnerships with enterprises in Europe and North America. NovAxis expects to create five jobs in the wake of this project. |
| Polyrix Inc. | Repayable contribution of $66,500 on a total investment of $133,000. Founded in 2005, Polyrix Inc. (PI) specializes in industrial scanning technology. Following intensive R&D, the company recently developed Polyscan, a 3D scanner used for the inspection and quality control of manufactured parts. The firm's project is aimed at the commercialization of its innovative 3D scanners, initially to the North American aeronautics and automotive industries. Activities will include hiring a sales representative, taking part in industry trade fairs, advertising and applying for a patent. Once completed, Polyrix expects this project will result in the creation of five jobs. |
| Summary | |
| Number of projects: | 10 |
| Total contribution from Canada Economic Development: | $2,121,000 |
| Total investment generated by these projects: | $5,332,000 |
Contact Information:
Media Relations
Canada Economic Development
514-283-8818
media@dec-ced.gc.ca
Vincent Rabault
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development
514-496-1282
vincent.rabault@miga-maig.gc.ca
Canada Economic Development
514-283-8818
media@dec-ced.gc.ca
Vincent Rabault
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development
514-496-1282
vincent.rabault@miga-maig.gc.ca