The Government of Canada supports projects by Kombu, Matritech and Lemire Precision
April 17, 2019 - Drummondville, Quebec - Canada Economic Development for Quebec Regions (CED)
Drummondville businesses Kombu, Matritech and Lemire Precision will be able to pursue their growth more effectively with the help of a total of $475,000 in repayable contributions from Canada Economic Development for Quebec Regions.
The funding will allow Kombu Inc., a startup company, to ensure its development by acquiring and installing automated production equipment; Matritech Inc. will be able to acquire new innovative equipment to support its growth and enhance its productivity. Finally, the contribution awarded to Lemire Precision Inc.. will allow this exporting businesses to support its growth through the acquisition of digital equipment.
The funding was announced today by Richard Hébert, MP for Lac-Saint-Jean and Parliamentary Secretary to the Minister of Small Business and Export Promotion. The Government of Canada assistance will help the recipient businesses achieve their set objectives. The companies' respective projects will generate a total investment of over $2 million and will result in the creation of seven new jobs in the Drummondville region.
The Government of Canada is committed to creating close partnerships with Quebec businesses to support their efforts to innovate and increase their productivity and competitiveness, and to contribute to the economic vitality of the regions, job creation and the improvement of citizens' quality of life.
"We have chosen to focus on the innovative capacity and commitment to progress of these businesses, which have made a name for themselves in a constantly evolving market. Their drive, boldness and sense of innovation contribute to the economic vitality of the Centre-du-Québec region."
Richard Hébert, MP for Lac-Saint-Jean and Parliamentary Secretary to the Minister of Small Business and Export Promotion
"By helping businesses invest in equipment and devices to enhance their performance, and buy supporting them in their quest to find new markets, the Government of Canada is standing by its commitments. Our objectives are to foster expansion and innovation and grow exports. I am also pleased to learn that these three projects will help create eleven quality jobs in Drummondville."
The Honourable Navdeep Bains, Minister responsible for CED
Quick facts
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Today's announcement was made on behalf of the Honourable Navdeep Bains, Minister responsible for the Innovation, Science and Economic Development portfolio, which is made up of 17 federal departments and agencies, including CED and the other five regional development agencies.
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The funding was provided under CED's Quebec Economic Development Program
