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QBIC receives 1,1 M$ in funding from the Government of Canada

June 19, 2009

The Honourable Denis Lebel, Minister of State for Canada Economic Development, today announced the awarding of $1,134,445 in non-repayable funding to the QBIC. This financial assistance will enable the organization to continue offering its pre-incubation and incubation programs to biotechnology firms through to March 31st 2011. Necessitating an overall investment of $8,092,750 by the QBIC, this project will result in the creation of seven enterprises and 50 new jobs in the sector.

Click here for the complete press release. (pdf - 104 Kb)

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« CQIB gave us direct access to seasoned biotechnology professionals, and opened the doors to a variety of local investors. »

- Jo Van Betsbrugge, President BioQuadrant inc.

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