Do you have a growth, modernization or market diversification project? Did you know that Canada Economic Development (CED) offers non-repayable funding programs covering up to 90% of eligible costs for manufacturing SMEs and industrial ecosystem organizations?
What many companies don't yet know is that industrial matchmaking can be an integral part of a CED-funded project. And that's exactly where CVDM can play a concrete role in your approach.
Programs Worth Knowing
The REGI program, Regional Economic Growth through Innovation, has two particularly relevant streams for Quebec manufacturers.
Stream 1 supports companies looking to increase productivity, diversify markets or accelerate their digital transformation. Funding is 90% non-repayable for non-profits, and repayable for for-profit businesses. It's the most accessible stream for an SME looking to integrate new tools, develop its supply chain or explore new markets.
Stream 2 targets regional innovation ecosystems. It's aimed at industrial consortiums, sectoral associations, RCMs and regional clusters that want to structure collaboration between companies in the same sector or territory. Funding can reach 90% non-repayable.
There is also the DIPP program, specifically oriented toward defence sector companies, whose parameters are currently evolving. We encourage you to contact your regional CED office for the most up-to-date information.
Where CVDM Comes In
Industrial matchmaking is a recognized lever in CED-funded projects. Concretely, if your project involves connecting companies, structuring a local supply chain, fostering cross-sector collaboration or deploying digital matchmaking tools, CVDM can act as a partner in your approach.
Here's a concrete example. Your company just invested in new production equipment: a precision machine tool, a robotic cell or an assembly line. In the first months, your capacity isn't yet running at 100%. Rather than waiting for internal demand to fill that gap, our structured matchmaking tool can help you identify companies in your region or sector that have occasional needs matching exactly that available capacity. You recoup your investment faster, build relationships with new partners, and contribute to strengthening the local manufacturing ecosystem. That's funding that generates collaboration, not just equipment.
Our Meshora platform, our expertise in semantic and structured matchmaking, and our network of over 7,000 manufacturing companies and experts represent tangible added value in this type of project. We can contribute to diagnosing your value chain, facilitating inter-company matchmaking workshops, deploying the matchmaking tool in your context, and tracking performance indicators.
You don't have to carry your project alone. And you don't have to build the matchmaking infrastructure from scratch either.
How to Get Started
If you have a project in mind, the first step is to contact your regional CED office to assess eligibility. In parallel, write to us. We'll be happy to explore how CVDM could integrate into your approach and strengthen the value of your application.
We'd love to talk: info@cvdm.org
Photo: DEC-CED, Government of Canada
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