All Quebec food processing SMEs will benefit from a new program to increase investments in their sector in order to accelerate their automatization and increase competitiveness.
Do you own a Quebec SME in the food processing or manufacturing industry? Do you want to unlock its full potential? You could benefit from considerable financial aid not only for the strategic planning of your transformation project, but also for successfully carrying it out! Raymond Chabot Grant Thornton can provide efficient support to maximize the returns on these new investments.
When the program was announced on April 4, 2018, Laurent Lessard, Minister of Agriculture, Fisheries and Food (MAPAQ), and Dominique Anglade, Deputy Premier, Minister of Economy, Science and Innovation and Minister responsible for the Digital Strategy, guaranteed a total program budget of $75M to be deployed over five years until 2023, and intended for all food processing businesses.
This two-part program includes:
1) Planning a project to improve labour productivity and competitiveness of businesses with $75,000 in financial aid per applicant.
2) Carrying out projects that encourage businesses to benefit from technologies to make up for the labour shortage and improve employees’ working conditions or even to help businesses that want to integrate certain markets with the installation of various systems with financial aid of $150,000 per applicant. You can read the official release to obtain further information.
Call upon our experts to make your business more competitive on the local and international markets. Under their guidance, you can turn your projects into great successes:
- Strategic planning;
- Management consulting;
- Guidance from project inception to realization;
- Maximization of all subsidies and credits to which your business is entitled;
- And much more!