{"id":238,"date":"2016-09-26T13:46:00","date_gmt":"2016-09-26T13:46:00","guid":{"rendered":"https:\/\/www.sadc-cae.ca\/?p=238"},"modified":"2021-06-08T00:21:26","modified_gmt":"2021-06-08T00:21:26","slug":"les-sadc-et-cae-obtiennent-86-m-pour-les-regions-du-quebec-3","status":"publish","type":"post","link":"https:\/\/www.sadc-cae.ca\/en\/les-sadc-et-cae-obtiennent-86-m-pour-les-regions-du-quebec-3\/","title":{"rendered":"SADC and CAE receive $86M  for the regions of Quebec"},"content":{"rendered":"<p><strong>Luskville, Pontiac, July 19, 2016<\/strong> &#8211; The R&eacute;seau des SADC et CAE is very pleased with the announcement made today by Mr. Greg&nbsp;Fergus, Parliamentary Secretary to the Minister of Innovation, Science and Economic Development, Mr. Navdeep&nbsp;Bains, who is also the Minister responsible for the Canada Economic Development for the Regions of Quebec (CED), of the signing of a new three-year agreement between SADC (Community Futures Development Corporations) and CAE (Community Business Development Corporations) of Quebec.<\/p>\n<p>  <!--more-->  <\/p>\n<p>More than $86M will be injected into the regions of Quebec via the 67&nbsp;member corporations of the R&eacute;seau des SADC et CAE. According to Mr. Daniel&nbsp;Dumas, President of the R&eacute;seau des SADC et CAE, &ldquo;this is excellent news that will allow our members to continue their fieldwork with entrepreneurs and municipalities. For&nbsp;37 years, our role has been evolving and our expertise has been further developing in order to respond in an efficient and relevant way to the socio-economic challenges we face. We believe that the excellent achievements of the 400&nbsp;professionals and 1,350&nbsp;volunteers who work with the SADC and CAE on the economic development of their communities have been recognized, and that these accomplishments have greatly influenced the Government of Canada in the making of this decision.&rdquo;<\/p>\n<p>This announcement also confirms Canada Economic Development&rsquo;s contributions to the special initiatives that will allow SADC to support local development projects and youth internships. The SADC and CAE will also prioritize interventions with entrepreneurs in the areas of innovation, business transfer, sustainable development and information technology, areas in which they have developed a solid expertise over the years.<\/p>\n<p>In addition, the age limit for participating in the Youth Strategy initiative will be raised from&nbsp;35 to 39 inclusive. This initiative allows young entrepreneurs, or those who would like to become entrepreneurs, to access financing and support that is adapted to their needs.<\/p>\n<p>Finally, these agreements will be an opportunity to strengthen and maintain this productive partnership with the Government of Canada, for the benefit of all citizens of the regions of Quebec.<\/p>\n<h2>Some of the results of our work<\/h2>\n<ul>\n<li>$8.25M has been invested in local development projects.<\/li>\n<li>10,000 entrepreneurs receive help from a SADC or CAE each year.<\/li>\n<li>$60M, on average, has been invested in businesses in the regions each year.<\/li>\n<li>According to a recent study by Statistics Canada, businesses supported by SADC and CAE have a survival rate that is 26% higher than the control group (76% after five years of existence, compared to 50%).<\/li>\n<li>8,614 young entrepreneurs have been supported and financed by the SADC and CAE since 1997, which is a total investment of $107.5M.\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\" size-full wp-image-152\" src=\"https:\/\/www.sadc-cae.ca\/wp-content\/uploads\/2016\/09\/unspecified.jpeg\" alt=\"SADC et CAE financement\" width=\"2048\" height=\"1366\" srcset=\"https:\/\/www.sadc-cae.ca\/wp-content\/uploads\/2016\/09\/unspecified.jpeg 2048w, https:\/\/www.sadc-cae.ca\/wp-content\/uploads\/2016\/09\/unspecified-300x200.jpeg 300w, https:\/\/www.sadc-cae.ca\/wp-content\/uploads\/2016\/09\/unspecified-1024x683.jpeg 1024w, https:\/\/www.sadc-cae.ca\/wp-content\/uploads\/2016\/09\/unspecified-768x512.jpeg 768w, https:\/\/www.sadc-cae.ca\/wp-content\/uploads\/2016\/09\/unspecified-1536x1025.jpeg 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Luskville, Pontiac, July 19, 2016 &#8211; The R&eacute;seau des SADC et CAE is very pleased with the announcement made today by Mr. Greg&nbsp;Fergus, Parliamentary Secretary to the Minister of Innovation, Science and Economic Development, Mr. Navdeep&nbsp;Bains, who is also the Minister responsible for the Canada Economic Development for the Regions of Quebec (CED), of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1537],"tags":[],"class_list":["post-238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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