Feds contribute to economic development and innovation in Matanie
La Matanie’s local economic development agency is getting $255,000 in financial support from the federal government. François Rioux (EMBA ’10), president and founder of the Fonds d’innovation et de développement local de la Matanie (FIDEL), welcomes the cash injection, which helps bump the fund to almost $1.2 million.
And the fund itself is doing great work; it’s helped launch 117 local entrepreneurs in the past year, and aims to invest $2 million in the region over the next half-decade, including a coworking space and grants of $5,000 to $10,000 for young entrepreneurs.
Read full article in French: , March 2, 2017Â
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