Government of Canada Grants $300,000 in Funding for Startup of Baie-Comeau Firm Beton Prefabrique d

A Québec firm has been awarded $300,000 in repayable funding through economic diversification initiatives, that will result in approximately 20 new jobs being created in the Baie-Comeau area.
The unique plant in the Cote-Nord region, Beton prefabrique du Quebec will manufacture construction products intended mainly for the industrial and government construction sectors.
“By answering the growing demand for quality products, Beton prefabrique du Quebec will be filling a niche in the area.Through the various measures outlined in Canada’s Economic Action Plan, our government is supporting the entrepreneurial vitality of Quebec’s regions and helping small and medium-sized enterprises invest in leading-edge equipment to ensure their long-term prosperity,” a government statement read .

The new plant will help by processing the natural resources that are available in the industry and the grants will create jobs for local residents.  It will process stone into finished product.

Posted in Canadian Government Grants & Loans