The Government of Canada has provided almost $50,000 in funding for the startup of this Abitibi-Témiscamingue region business
VAL D'OR, QC, May 24, 2018 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)
The day after Ékorce Kombucha held an open house at its production plant, the Government of Canada confirmed that a financial contribution of $47,750 had been awarded to the new business, whose products are already well-established at points of sale across Quebec, after only six months of existence.
This support ensured the startup of the SME, and allowed the company to upgrade its production plant facilities, acquire the equipment needed to produce its tea-based beverage, and set up a cold room that complies with required standards.
The funding, which took the form of a non-repayable contribution, was provided under CED's Quebec Economic Development Program, and resulted in the creation of three jobs in the region.
"The Government of Canada is proud to support the startup of Ékorce Kombucha, and to deliver on its commitments by boosting economic growth, innovation and job creation in the Abitibi-Témiscamingue region."
The Honourable Navdeep Bains, Minister responsible for CED
"We are proud to have received support from CED for the startup of our business. The funding was instrumental in supporting our expertise, and allowed us to quickly establish ourselves in the flourishing kombucha production industry."
Yan Lapointe, CEO, Ekorce Kombucha
- CED is one of the six regional development agencies under the responsibility of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.
- This year marks the 50th anniversary of federal regional economic development in Quebec: half a century of concrete action dedicated to the development of the regions and local businesses.
- For more information on CED and its priorities, consult the 2018-2019 Departmental Plan 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, 514-283-7443, [email protected]