Indigenous businesses receive funding from Canada Economic Development for Quebec Regions
Groupe UMEK and Phytimpact, and Table bioalimentaire Côte Nord are two Indigenous businesses in the Côte Nord region in Quebec are receiving funding from Canada Economic Development for Quebec Regions.
The funding allows the businesses the ability to complete their projects with the help of a total of $560,735 in repayable and non-repayable contributions.
Groupe UMEK will be able to upgrade its facilities and acquire automated production equipment dedicated to seafood processing. Phytimpact will be able to complete the final pre-market phase for its innovative bio-products containing ingredients derived from northern agriculture. Table bioalimentaire Côte-Nord will be able to develop and implement its marketing strategy aimed at promoting the region’s bio-food industry as a whole.
The funding was announced today by Rémi Massé, Member of Parliament for Avignon–La Mitis–Matane–Matapédia and Parliamentary Secretary to the Minister of Innovation, Science and Economic Development, as part of a tour of the Côte-Nord region. Their respective projects will generate total investments of more than $1.7M.