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May 10, 2017

Fonds InnovExport funds three SOVAR-supported companies

SOVAR is proud to announce that three companies that have benefited from its guidance over the past several years, namely Chronophotonix, Laserax and OxyNov, have just obtained funding from Fonds InnovExport. This support was made official on May 9, 2017 during an event attended by the Minister of Economy, Science and Innovation and the Minister in charge of Digital Strategy, Dominique Anglade, the Minister of Employment and Social Solidarity and Minister in charge of the National Capital region, François Blais, the Mayor of Quebec City, Régis Labeaume and the President of Fonds InnovExport, Richard Bordeleau.

In total, ten innovative companies in the province of Quebec, including the three in the Quebec City region that are being supported by SOVAR, will be receiving $4,350,000 from the Fonds to help with seeding and start-up activities.

For additional information, please link to the following articles in French:

http://www.newswire.ca/news-releases/demarrage-dentreprises-exportatrices-innovantes—quebec-est-fier-de-participer-a-lannonce-des-dix-premiers-investissements-du-fonds-innovexport-621759273.html

http://www.lapresse.ca/le-soleil/affaires/actualite-economique/201705/09/01-5096184-fonds-innovexport-435-m-pour-10-entreprises-quebecoises.php?utm_categorieinterne=trafficdrivers&utm_contenuinterne=cyberpresse_B13b_actualites_606_section_POS2