Quebec projects get federal funding for innovative projects

Five projects in the Quebec City area have received funding to help companies and organizations move forward with their innovative projects. More than $831,000 in federal financial assistance are available through Canada Economic Development for Quebec Regions (CED) with almost $480,000 being repayable. The fund recipients are the Centre en imagerie numérique et médias interactifs (CIMMI), the Corporation Inno-centre du Québec, Industries Chronox, LynX Inspection and Viagénie. These five will be helping other organizations and companies -- like startups and small and mid-sized enterprises -- with mentoring, consulting services, equipment and systems purchase, technology transfer and prototyping, app development, and other innovative solutions. The government funds are expected to create 11 permanent jobs in the region and generate up to $2.5 million in investments. The projects are also expected to improve business productivity and help communities.