Over $220,800 in financial assistance from the governments of Canada and Quebec for this Outaouais‑region high-tech company
GATINEAU, QC, Sept. 25, 2017 /CNW/ - The governments of Canada and Quebec have granted $220,860 in funding to Gatineau-based Tyto Robotics Inc. for the marketing of the company's instrumentation systems in Canada, the U.S. and Europe.
William Amos, federal MP for Pontiac, acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister Responsible for CED, along with provincial MNA Maryse Gaudreault (Hull), made the announcement today.
The federal contribution of $172,810 was provided by Canada Economic Development for Quebec Regions (CED) and through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The Quebec government's contribution of $48,050 was granted through the Programme Exportation of the Ministère de l'Économie, de la Science et de l'Innovation (MESI). The project is also receiving funding through the InnoExport investment fund.
Founded in 2014, Tyto Robotics is an innovative business specializing in the design and sale of instruments that test the performance of the motors of drones and other remote-controlled objects. The funding will allow the company to present itself in target markets, hire a marketing resource, attend specialized trade shows, conduct advertising and promotional activities, become a member of various associations and have its products certified.
The project will create two jobs, in addition to the five people who already work for the company.
"The Government of Canada is committed to promoting the role of innovation as a key means of fostering growth and exports. This is why we are pleased to support the development of Tyto Robotics."
The Honourable Navdeep Bains, Minister Responsible for CED
"I am thrilled that the Government of Canada is providing financial support for an innovative company in the region, such as Tyto Robotics, which is creating new jobs as a result of commercial ties established with its international partners. This new market share will definitely help boost economic growth, not only in the region but throughout Quebec and Canada."
William Amos, federal MP for Pontiac
"Faced with growing global competition, our high-tech companies need to innovate and make strategic investments in order to fully seize business opportunities in various markets. And Tyto Robotics is definitely one of the Outaouais-region companies that has clearly understood this issue. We are thrilled to support its initiative aimed at capturing foreign markets."
Maryse Gaudreault, MNA for Hull
"Exporting is one of the three pillars of the Quebec economy, the other two being entrepreneurship and innovative manufacturing. Establishing foreign partnerships is key to ensuring that our businesses are more competitive, and this is why we are proud to support Tyto Robotics in its efforts to step up its international activities."
Dominique Anglade, Minister of the Economy, Science and Innovation and Minister Responsible for the Digital Strategy
"Tyto Robotics is an Outaouais-region business that is pursuing innovation in order to set itself apart on foreign markets. We are therefore pleased to assist this company in promoting its innovative products among robot and drone designers around the world."
Stéphanie Vallée, Minister of Justice and Minister Responsible for the Outaouais Region
"The support from Canada Economic Development and through the MESI'S Programme Exportation has allowed us to meet with new foreign clients and attend our industry's most important trade shows. Thanks to this assistance, we stand a good chance of becoming the leader in test equipment for autonomous aerial vehicles."
Charles Blouin, President of Tyto Robotics Inc.
- Tyto Robotics was created through the University of Ottawa's three-year incubation program, Startup Garage.
- The system developed by Tyto Robotics is the result of ongoing R&D work.
- To date, the company has already sold over 250 systems.
- 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.
Ministère de l'Économie, de la Science et de l'Innovation on social media
- Twitter : twitter.com/economie_quebec
- Facebook : www.facebook.com/EconomieQc
- LinkedIn : www.linkedin.com/company/362721?trk=tyah&trkInfo=tarId:1415637203135,tas:Minist%C3%A8re%20de%20l'%C3%89conomie,idx:1-1-1
- YouTube : www.youtube.com/user/MDEIEQuebec
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; Mathée Warnett, Communications Officer, Constituency Office of the MNA for Hull, Tel.: 819-230-7300; Gabrielle Tellier, Press Secretary, Office of the Minister of Economy, Science and Innovation and Minister responsible for the Digital Strategy, Tel.: 418-691-5650; Isabelle Marier St-Onge, Press Secretary, Office of the Minister of Justice and Minister responsible for the Outaouais region, Tel.: 418-643-4210