Government of Canada awards more than $500,000 in financial assistance to Merinov
GRANDE-RIVIÈRE, QC, Oct. 12, 2017 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)
Businesses need to be able to rely on adequate resources to create and commercialize innovative products. The Government of Canada is committed to supporting innovative Canadian businesses and organizations. As a true economic driver, innovation is the key to success because it generates growth that benefits businesses and communities.
The Honourable Diane Lebouthillier, Minister of National Revenue and Member of Parliament for Gaspésie–Les Îles-de-la-Madeleine, acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, announced that Merinov has been granted $503,132 in financial assistance, in the form of a non-repayable contribution, to carry out research and development on processing technologies in the fisheries and aquaculture sector.
Merinov, a non-profit organization, is a research centre that is tasked with research and development, technology transfer, technical assistance, monitoring and succession planning activities that contribute to the sustainable development and competitiveness of the fisheries and aquaculture industry and aquatic biomass valorization.
The funding granted through CED's Quebec Economic Development Program (QEDP) will help Merinov establish a method for assessing the shelf life of marine products, develop alternative bait for lobster fishing, assess the commercial potential of collagenase from snow crabs, test grinding and drying technologies for marine co-products to increase their stability, and develop a diagnostic consulting tool for the energy and environmental performance of processing plants.
"The Government of Canada is proud to support Merinov's efforts, which include the acquisition of clean technologies for healthy, responsible fishing. The fisheries sector in Gaspésie, as elsewhere in Quebec, is a strong economic driver and I am pleased that the government is supporting its responsible development."
The Honourable Diane Lebouthillier, Member of Parliament for Gaspésie–Les Îles-de-la-Madeleine and Minister of National Revenue
"As the Minister of Innovation, Science and Economic Development, my goal is to help businesses grow, innovate and export so that they can create high-quality jobs and wealth for Canadians. That is why we support regional technological development partners like Merinov."
The Honourable Navdeep Bains, Minister responsible for CED
"We want to highlight this major investment by the Government of Canada, notably CED, which is crucial in developing clean technologies in the sector. As the largest integrated centre of applied research, innovation and technology transfer in fisheries, aquaculture, processing, biomass valorization and marine biotechnology in Canada, Merinov is proud to support local businesses."
David Courtemanche, Director General, Merinov
- CED is one of the six regional development agencies under the responsibility of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.
- For more information on CED's key directions until 2021, consult Strategic Plan 2021 or visit www.dec-ced.gc.ca.
SOURCE Canada Economic Development for Quebec Regions
For further information: Media Relations, Canada Economic Development for Quebec Regions, Tel.: 514-283-7443, Email: email@example.com