Young entrepreneurs from the Côte-Nord developing a range of non-alcoholic beers and Nordic fruit sodas
CED grants $134,900 in financial support for Baie-Comeau Microbrasserie Saint-Pancrace to acquire innovative equipment.
BAIE-COMEAU, QC, January 17, 2022 /CNW Telbec/ – /CNW Telbec/ -Canada Economic Development for Quebec Regions (DEC)
Brewing beer is one of the oldest industries in Canada, drinking beer being a well-established tradition. Craft beer in particular has flourished in recent years. Many Quebec brewers are growing, and the government of Canada supports local brewers so they can grow and meet growing demand for their products, while maintaining and creating jobs.
The Microbrasserie Saint-Pancrace, founded by four thirty-something shareholders, specializes in the production and marketing of distinctive beers that represent the Côte-Nord region, winning multiple awards since 2013.
To help the microbrewery reach a new stage in its growth, Canada Economic Development for Quebec Regions is granting the company a repayable contribution of $134,900. This assistance will enable the brewery to increase its beer production and diversify its product offering by adding a line of non-alcoholic craft beers and low-alcohol seltzer sparkling water flavored with Nordic berries.
This funding was announced today by the Honorable Pascale St-Onge, MNA for Brome–Missisquoi, Minister of Sports and Minister responsible for CED. Support for this project will enable the Microbrasserie Saint-Pancrace to meet increased demand resulting from the significant growth in regional tourism and to penetrate the non-alcoholic beer market, which promises great growth potential in Quebec and in Canada. It will also lead to the creation of two jobs, adding to the thirty or so employees already in place.
It is a priority of the government of Canada to help of Quebec small and medium-sized enterprises to rebound vigorously after the health crisis. of Quebec economic recovery will rely on organizations that are well anchored in the regional economy. They are major contributors to growth, as well as essential assets for rebuilding a stronger, more resilient and fairer economy for all.
“Community prosperity is a priority for our government. This is why CED supports local businesses in their efforts, whether to increase their productivity, develop new products or improve their existing products and services. Small and medium-sized businesses are at the heart of economic recovery, and the Microbrasserie Saint-Pancrace is a fine example of this. It is a major contributor to the economic vitality of the Côte-Nord and the success of this project will have positive repercussions on the economy. whole region. “
The Honorable Pascale St-Onge, MNA for Brome–Missisquoi, Minister of Sports and Minister responsible for CED
“The last few years have shown us how important it is to be agile, to diversify and to have a solid network. Through this project, we are strengthening our business and our relationships in the community, in particular by creating non-alcoholic beers and showcasing northern berries in new drinks. Obviously, this type of development would not be possible without the participation of long-standing partners like CED.
André Morin, production manager and co-owner, Microbrasserie Saint-Pancrace
The funds were granted under CED Regional economic growth through innovation program. This program is aimed at entrepreneurs who rely on innovation to grow their business and increase their competitiveness, as well as regional economic actors contributing to creating an entrepreneurial environment conducive to innovation and growth for all, in all the regions.
CED is a key federal partner in of Quebec regional economic development. With its 12 regional business offices, CED supports businesses, support organizations and all regions of Quebec in tomorrow’s economy.
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SOURCE Canada Economic Development for Quebec Regions
Show original content: http://www.newswire.ca/en/releases/archive/January2022/17/c3023.html