Six homegrown businesses can count on Canada support

January 15, 2020, Québec, Quebec - Canada Economic Development for Quebec Regions (CED)

The Québec region is a recognized innovation pole. Many businesses have chosen to set up shop here to continue to grow and create quality jobs.

While in Québec today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, was able to gain an appreciation of how the growth of these businesses is contributing to the diversification of our economy, while continuing to improve the quality of life of Quebec families. In this, SMEs can count on the sustained accompaniment of the Government of Canada.

During a visit to Rugged Monitoring Québec, a young SME positioning Canadian know‑how in electro-optics on the international scene, the Minister announced repayable contributions totalling $1,908,750 to six regional businesses, including Nucleom, Myca Health, Can-Explore, S. Huot and Multi-Action Communication, as well as the host business.

A strong economy and good jobs

These high-performing businesses are ambitious, wanting to break into new markets, develop innovative products and acquire and install equipment that will enable them to pursue their growth. Their respective projects will generate investments totalling more than $9 million and create 53 jobs in the Québec region.

Businesses can require assistance at various stages, from starting up to marketing a new product to growing. Quebec businesses are doing everything possible to innovate, enhance their productivity and become more competitive, which is a great boost to the economic vitality of our regions. The Government of Canada is present to continue to work closely with SMEs and support them in their projects.