Four businesses and one organization in the Haute-Gaspésie will be able to go ahead with their development and growth projects

The Government of Canada provides almost $700,000 to BioTEPP, Auberge La Seigneurie des Monts, La Minoterie des Anciens, Parc et Mer Mont-Louis and Développement Cap-Chat

SAINTE-ANNE-DES-MONTS, QC, July 26, 2018 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)

Communities need to build on innovation to strategically diversify and develop lasting regional competitive advantages. Supporting community transition and diversification is therefore a Government of Canada priority.

BioTEPP, Auberge La Seigneurie des Monts (Website in French only), La Minoterie des Anciens (Website in French only), Parc et Mer Mont-Louis (Website in French only) and Développement Cap-Chat (Website in French only) will benefit from Government of Canada financial assistance to enhance their production capacity, acquire strategic equipment and upgrade regional tourism products. Their respective projects will generate total spending of almost $3.5 million and will result in the creation of 15 jobs in the region.

The repayable and non-repayable contributions totalling $688,518 were announced today by the Honourable Diane Lebouthillier, Member of Parliament for Gaspésie–Les Îles-de-la-Madeleine and Minister of National Revenue, acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED.

The financial assistance granted by the Government of Canada through CED's Quebec Economic Development Program will allow the recipient businesses and organization to achieve their established objectives.

Quotes

"I am pleased with the support from the Government of Canada, which has chosen to focus on the innovative capacity and commitment to progress of BioTEPP, Auberge La Seigneurie des Monts, La Minoterie des Anciens, Parc et Mer Mont-Louis and Développement Cap-Chat. These businesses and this organization stand apart in a market that is constantly evolving. Their drive, boldness and sense of innovation contribute to the economic vitality of the Gaspésie region."

The Honourable Diane Lebouthillier, MP for Gaspésie‒Les Îles-de-la-Madeleine and Minister of National Revenue

"By supporting investment in productivity enhancement, business creation, community development and the pursuit of new markets, the Government of Canada is standing by its commitment to foster expansion and innovation and grow exports."

The Honourable Navdeep Bains, Minister responsible for CED

Quick facts

• 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.
• For more information about these five projects, please refer to the related backgrounder.

Backgrounder

Proponent	Contribution – Investment – Project description
BioTEPP Inc.	Repayable contribution of $400,000 out of a total investment of $1,421,596 BioTEPP has been developing, producing and marketing an all-natural bio‑pesticide for apple, pear and walnut crops, known as Virosoft CP4. Almost 90% of the company's sales are in the U.S. market, primarily in the western U.S. The aim of the project is to grow the company by implementing a marketing strategy, which involves designing a website, licensing the product for new markets, and developing a codling moth larvae management system, including an innovative diet. The project will lead to the creation of four jobs.
Auberge La Seigneurie des Monts (Website in French only)	Repayable contribution of $98,830 out of a total investment of $251,760 An ancestral establishment dating back to 1864, the Auberge La Seigneurie des Monts is a three-star lodge directly facing the sea along the scenic route in Sainte-Anne-des-Monts. The Auberge has 17 rooms for its visitors, 63% of whom come from outside Quebec. The goal of the project is to develop tourism by upgrading and improving accommodation at the Auberge La Seigneurie des Monts, with a view to enhancing the establishment's competitiveness. The project will involve upgrading the accommodation units, including the balconies; setting up a studio unit; ensuring access for persons with reduced mobility; and purchasing computer equipment. The project will result in the creation of nine jobs.
La Minoterie des Anciens Inc.	Repayable contribution of $79,847 out of a total investment of $1,411,861 La Minoterie des Anciens produces and markets various types of organically-certified, gluten-free flour, husked grains and hemp oil. The project was targeting the startup of the company. CED's assistance allowed the company to acquire hemp-oil extraction equipment, including an optical grain sorter, an oil press, a filter, a pump, bins and a silo. The project resulted in creating and maintaining two jobs.
Parc et Mer Mont-Louis (Website in French only)	Repayable contribution of $17,400 out of a total investment of $87,300 Parc et Mer Mont-Louis, a non-profit organization, has been promoting tourism activities in the region since December 2008, while fostering, in co-operation with the other businesses in the municipality, the inclusive economy and the social development of this small coastal community through the creation of sustainable services and jobs. The organization operates a campground with 58 spots, a cottage and three trailers ready-to-camp, a children's playground, a community hall, a comfort station and three laundries, in Saint-Maxime-du-Mont-Louis in the Haute-Gaspésie region. The project involves expanding the accommodation facilities at the Parc et Mer Mont‑Louis campground by building innovative "ready-to-camp" micro-cabin units to replace tents due to strong winds. CED's assistance will cover the purchase of the material for the construction of the micro-cabins.
Développement Cap-Chat 2001 (Website in French only)	Non-repayable contribution of $92,441 out of a total investment of $205,425 Développement Cap-Chat 2001 is a non-profit organization whose mission is to foster and support the emergence of growth-generating projects targeting the diversification of the economic base, employment development, and the promotion of the area, which has approximately 2,400 inhabitants and is located in Haute-Gaspésie, right next to the Parc national de la Gaspésie. CED's assistance targets tourism development in the town of Cap-Chat. The funding will serve to conduct a feasibility study on the implementation of a major recreational tourism project nestled between the mountains and the sea, namely a multimedia route showcasing the history of the Banc du Cap‑Chat sector, including the maritime component.
Summary	Number of projects: 5 Number of jobs created: 15 CED contribution: $688,518 Total investment generated by these projects: $3,377,942

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SOURCE Canada Economic Development for Quebec Regions

Media Relations, Canada Economic Development for Quebec Regions, 514-283-7443, [email protected]