Canada invests in regional development in Quebec

From: Canada Economic Development for Quebec Regions
REGIONAL DEVELOPMENT / OVER $22M IN SUPPORT TO 36 BUSINESSES AND ORGANISATIONS / CED.CANADA.CA

Trois-Rivières, Quebec, July 24, 2020 - Canada Economic Development for Quebec Regions (CED)

An entrepreneurial environment that meets the needs of businesses and promotes their growth and competitiveness is essential to the sound development of the regions. It not only fosters closer ties between community players, but also supports the creation, growth and maintenance of regional clusters, enhances innovation ecosystems and helps attract foreign investment.

Business and organizations from all sectors-NPOs, business incubators and accelerators, and groups and associations-need assistance to improve the business climate in order to be able to support regional development in Quebec.

36 businesses and organizations receive over $22M in funding for forward-looking regional development projects

The regions of Quebec abound with entrepreneurs with innovative ideas. These entrepreneurs are developing original solutions to revitalize their communities and boost the local economic fabric.

For a number of years now, the Government of Canada has been committed to supporting the regions in their development efforts for the benefit of businesses, citizens and visitors. The Honourable Mélanie Joly, Minister of Economic Development and Official Languages, today announced a total of $22,485,153 in financial assistance for 37 forward-looking Quebec regional development projects.

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