Ramius sets its sights on international markets for Recollective marketing research software

The Government of Canada awards $300,000 in financial assistance to support this Gatineau business in implementing its marketing plan

GATINEAU, QC, June 12, 2019 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)

Ramius Corporation Inc. (Ramius) is a highly innovative information technology company. To ensure its growth, the business will receive a repayable contribution of $300,000 from Canada Economic Development for Quebec Regions. With this financial assistance, Ramius will be able to reach a new market segment for its flagship product, Recollective.

More specifically, the Government of Canada's assistance will help Ramius use the resources required to promote its software and overhaul its website.

Founded in 1998, Ramius develops specialized online community and social network management software for collaboration and commercial research purposes. The company has marketed three software products since its creation. While CommunityZero (1999) and Sixent (2008) are intended for internal corporate communications services, Recollective (2011) is designed for qualitative marketing research.

As a true economic driver, innovation helps our businesses grow and benefits communities and the middle class. Businesses need to be able to rely on adequate resources to create and market innovative products. That is why the Government of Canada is committed to supporting innovative businesses like Ramius.

Quotes

"With its cutting-edge ideas, Ramius has seized the opportunity to innovate and stimulate its growth, and is a perfect example of the entrepreneurial spirit that the Government of Canada wants to encourage and support. I am proud that CED is supporting this business, which has demonstrated its expertise and is ready to expand into new markets."

Greg Fergus, Member of Parliament for Hull–Aylmer

"Our government is laying the foundation for Canadians to become more competitive and succeed in the global economy. Today's investment is in line with Canada's competitive advantages through Ramius's marketing efforts and will boost economic growth. It will also create good, middle-class jobs for Canadians."

The Honourable Navdeep Bains, Minister responsible for CED

"Ramius Corporation is grateful for the generous support of CED. These funds will be used to further accelerate the already rapidly growing adoption of our Recollective insights software by marketing research agencies and enterprises worldwide."

Alfred A. Jay, CEO, Ramius Corporation

Quick facts

This announcement was made on behalf of the Honourable Navdeep Bains, Minister responsible for the Innovation, Science and Economic Development portfolio, which is made up of 17 federal departments and agencies, including CED and the other five regional development agencies.

The funding was awarded under CED's Regional Economic Growth through Innovation (REGI) program. This program targets entrepreneurs who leverage innovation to grow their businesses and make them more competitive, and regional economic stakeholders who help create an entrepreneurial environment conducive to innovation and inclusive growth in all regions.

To find out more about CED and its priorities, see the 2019–2020 Departmental Plan or visit www.dec‑ced.gc.ca.

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SOURCE Canada Economic Development for Quebec Regions

Media Relations, Canada Economic Development for Quebec Régions, Tel.: [phone], Email: [email protected]