Export Montréal Ouest, a division of Développement économique Saint-Laurent, will be able to continue its support for exporting SMEs in the central-west and western regions of the Island of Montreal

The Government of Canada is providing $360,000 in financial assistance to support this organization

SAINT-LAURENT, QC, Oct. 9, 2018 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)

With the help of Government of Canada support, Développement économique Saint-Laurent (DESTL), through Export Montréal Ouest (ExMO), will be able to continue assisting businesses in the region with their export activities. ExMO is the regional export promotion agency (ORPEX) for the central-west and western regions of the Island of Montreal.

DESTL will receive a $360,000 non-repayable contribution to support ExMO's activities over the next three years. The announcement was made by Emmanuella Lambropoulos, Member of Parliament for Saint-Laurent, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED.

ORPEXES help businesses

• obtain basic exporting information;
• organize their activities aimed at breaking into foreign markets;
• receive a diagnosis on their export capacity;
• find out about funding opportunities for their export projects;
• get specialized training; and
• develop an international business plan.

The funding, provided under CED's Quebec Economic Development Program, will allow the ORPEX to continue offering its services aimed at helping exporters go ahead with their projects targeting new market sales.

Quotes

"We are very pleased to be supporting Développement économique Saint-Laurent and its division, Export Montréal Ouest, which assists SMEs in the central-west and western regions of the Island of Montreal in their export market diversification and development efforts. The activities generated by the project will benefit a number of manufacturing SMEs and value-added service companies in the area served by Export Montréal Ouest. We have full confidence in the organization's ability to help businesses look to the future and prosper."

Emmanuella Lambropoulos, MP for Saint-Laurent

"CED is proud of the funding it has provided for ORPEXes since their creation in 1990. Unique to Quebec, these organizations contribute, not only to the attainment of CED's global commercialization and positioning targets for businesses, but also to the ambitious goal set by the Government of Canada, namely a 30% increase in Canadian exports by 2025. By focusing on the importance of innovation, this renewed funding will equip Quebec businesses with the tools they need to favourably position themselves in a highly competitive global ecosystem."

The Honourable Navdeep Bains, Minister responsible for CED

"By looking beyond their boundaries, Canadian businesses are not only fostering their profitability and growth, but are also showcasing the quality of local products and services on the international stage. The government's support for the ORPEXes is key in fostering the development of these businesses' export projects. By providing DESTL with $360,000 to support the activities of Export Montréal Ouest, CED is helping to reinforce ExMO's commitment to ensure the international promotion of the businesses within its region."

Luc Duguay, Acting Director General, Développement économique Saint-Laurent

Quick facts

• The ORPEXes' objectives include raising awareness among Quebec businesses about the growth potential associated with exporting and, subsequently, supporting them in the capturing and diversification of foreign markets.
• 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 growth of Quebec's regions and businesses.
• To find out more about CED and its priorities, see the 2018?2019 Departmental Plan or visit www.dec-ced.gc.ca.

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SOURCE Canada Economic Development for Quebec Regions