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Government Grants/Government Loans for Biolyse Pharma PDF  | Print |  E-mail

 

Government of Canada invests in Ontario Drug Company

St. Catharines, Ontario September 26, 2013

The Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), alongside Rick Dykstra, Member of Parliament for St. Catharines, today announced a Government of Canada investment that will allow Biolyse Pharma to expand its facilities and product line of injectable chemotherapy drugs.

"Today, our Government's commitment to investing in the development of a supportive environment for the region's pharmaceutical manufacturing cluster is being showcased," said MP Dykstra. "Getting our small- and medium-sized businesses the tools they need to stay productive and competitive is imperative."

St. Catharines-based Biolyse Pharma produces generic chemotherapy and anti-cancer drugs for Canadian and international markets. Through FedDev Ontario's Prosperity Initiative, Biolyse Pharma will receive an investment of up to $2.9 million to complete an expansion of its facilities and production capacity. This project is expected to create up to 59 new highly skilled full-time jobs, allowing the company to reach new markets and increase product diversification. "The significance of this repayable contribution is an encouragement to Biolyse to move forward with its development program, which will expand its line of vital medicines made by Canadians for Canadians," said Claude Mercure, Owner of Biolyse Pharma.

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, ONTARIO GRANTS, ONTARIO LOANS, ONTARIO FUNDING, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

 

 
Federal Funding for New Brunswick Farm PDF  | Print |  E-mail

Government of Canada invests in Gervais Farms LTD

Saint-André, New Brunswick September 20, 2013


The Governments of Canada and New Brunswick today announced investments in Gervais Farms LTD for improvements to their seed potato processing and shipping operation in Saint-André.

Mike Allen, MP for Tobique-Mactaquac, and Minister Danny Soucy joined Les Fermes Gervais Ltée officials to announce investments in equipment upgrades at the facility.

“Our Government recognizes that small and medium-sized businesses are the lifeblood of our national economy.  Their vitality and success are the foundation of Canada’s long-term prosperity,” said MP Allen on behalf of the Honourable Rob Moore, Minister of State (Atlantic Canada Opportunities Agency). “That is why projects like the one undertaken by Les Fermes Gervais Ltée are also, in fact, an investment in the prosperity of our communities, our citizens and their families.”

“Our investment will enable Les Fermes Gervais to continue growing and creating jobs in the region,” said Soucy, on behalf of the Honourable Paul Robichaud, minister of Economic Development. “Creating new opportunities and economic growth in northern New Brunswick is central to our plan to rebuild New Brunswick.”

The project involves the purchase of new equipment to increase the productivity and efficiency of the company’s seed potato processing and shipping operation.  It includes the purchase of a potato sizer, conveyors, a rock eliminator, a roller table, a divider table, an electric forklift and a holding tank.

The Government of Canada is providing a repayable contribution of $132,000, and the Province of New Brunswick is investing $110,000 into the project.


TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, FARM GRANTS, FARM LOANS, FARM FUNDING, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

 
Government of Canada invests in WearWell Garments Limited PDF  | Print |  E-mail

Government of Canada invests in WearWell Garments Limited

Stellarton, Nova Scotia September 11, 2013

The Honourable Peter MacKay, Minister of Justice and Attorney General of Canada and Regional Minister for Nova Scotia, announced that the clothing manufacturer, WearWell Garments Limited will be receiving financial assistance.

Founded in 1970, the Stellarton based company offers a complete line of clothing for various industries. All of the manufactured garments are made in Canada and produced in their out company facilities. “Jobs, growth and a strong, competitive regional economy are top priorities for our Government,” said Minister MacKay, on behalf of the Honourable Rob Moore, Minister of State (Atlantic Canada Opportunities Agency).

The WearWell Garment Company will use the financial assistance in order to increase their productivity and enhance competitiveness. “The finding we receive through this project will allow us to modernize our equipment, improving our productivity and enabling us to expand into new markets” said Stirling MacLean, President and Chief Operating Officer of WearWell Garments Limited. The Government of Canada will invest to the WearWell Garments Company in the form of a $47,760 repayable contribution.

“We are proud to support WearWell Garments as it increases its productivity and expands into new markets, creating economic growth in our rural community” concluded Minister Mackay.

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

 
Government Funding / Government Grant / Government Secured Loans for Atlantic Companies PDF  | Print |  E-mail

Canadian Government Invests in Atlantic Province Companies

Aug 9th, 2013 Cheticamp, NB

The Cheticamp Marine Centre has received $1 million in project funding to offer inspection and repair services to marine traffic across Atlantic Canada and Iles-de-la-Madeleine. The federal loan will also provide haul-out and storage of large commercial and recreational vessels — the only boat lift of its kind on the western coast of Cape Breton.

According to Angus LeFort, president of the Conseil economique de Cheticamp: “It’s a very important project for this area. It’s going to create jobs for this area hopefully. Any type of investment of that sort is very welcome in this community.”

The project is to build and upgrade two 60-metre piers to accommodate the huge marine travel lift and an large building where Cheticamp Boatbuilders Ltd. will conduct repair work on vessels.

Federal Transport Minister Lisa Raitt, made several funding announcements on behalf of Rob Moore, the minister responsible for the Atlantic Canada Opportunities Agency.

The Cheticamp River Atlantic Salmon Association, which is a community-based stewardship group mandated to enhance the salmon fishing experience in the Cheticamp area, also received almost $95,000 to develop a detailed habitat management and restoration plan for wild Atlantic salmon in the Cheticamp River watershed. The funds will also be used to implement two priority restoration projects for the association.

ACOA also gave $18,750 to L’Association des radios communautaires en Atlantique, which represents francophone community radio stations in Nova Scotia, Prince Edward Island, and Newfoundland and Labrador. The funds will be used to develop websites and social media platforms for its various members as well as for the association itself so the group can better promote member programs and services.

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

 
Financial Assistance For Alliantis Metal Inc. PDF  | Print |  E-mail

Government of Canada Provides Funding for Quebec Metal Production Company.

July 19th, 2013 Acton Vale, QC

Financial assistance of a 317,500, has been awarded through Canada Economic Development's Quebec Economic Development Program to Alliantis Metal Inc..

The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, has announced that Alliantis Métal Inc. has been granted this financial assistance in order to acquire modern laser cutting equipment. The investment will improve the productivity of their plant.

"By supporting Alliantis Metal in the acquisition of state-of-the-art technology, the Government of Canada is showing proof once again of its commitment to invest in projects that can help grow the economy," said Minister Lebel.

Alliantis Metal Inc. is a specialized manufacturer of often complex metal parts and components. The company, which was founded in 2007, also offers value-added services including: welding and assembly of product components and specialized robot assembly. The firm's  clients consist mainly of manufacturers in the industrial, recreational, medical, transport and energy sectors.

The government funding from the Canadian Government will help strengthen the company which will in turn be able to sustain high value jobs.

TAGS: GOVERNMENT GRANTS, GOVERNMENT GRANTS FOR BUSINESS, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT LOANS, GOVERNMENT, SECURED LOANS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS

 
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