Government of Canada awards $250,000 in financial assistance to Icentia, a company in the Québec Metro High Tech Park
QUÉBEC CITY, Aug. 11, 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 enterprises. As a true economic driver, innovation is the key to success because it generates growth that benefits enterprises and communities.
Acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, Joël Lightbound, Member of Parliament for Louis-Hébert and Parliamentary Secretary to the Minister of Health, announced that Icentia Inc. has been granted $250,000 in financial assistance, in the form of a repayable contribution, to support the commercialization of an electrocardiograph, in Canada and on the European market.
Icentia was incorporated in 2012. In 2016, it had 18 employees, and now has 51. The company develops medical devices and provides medical analysis services. More specifically, it offers ambulatory medical testing in cardiology and pulmonology, and its products are designed for health institutions. The funding awarded under CED's Quebec Economic Development Program (QEDP) is helping Icentia promote its new products through conferences and trade shows, develop partnerships and hire resources to support its commercialization activities.
"The Government of Canada is committed to promoting the role of innovation as an important way of encouraging business growth and diversification. That is why we are pleased to support the development of of an enterprise in the Québec Metro High Tech Park."
Joël Lightbound, Member of Parliament for Louis-Hébert and Parliamentary Secretary to the Minister of Health
"As the Minister of Innovation, Science and Economic Development, I want to help businesses grow, innovate and export so that they can create good-quality jobs and wealth for Canadians. That is why we support regional economic development partners like Icentia."
The Honourable Navdeep Bains, Minister responsible for CED
- CED is one of 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.
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SOURCE Canada Economic Development for Quebec Regions
For further information: Media Relations, Canada Economic Development for Quebec Regions, Tel. 514-283-7443, Email: firstname.lastname@example.org