Quebec announces $ 5.7 million more for Outaouais SMEs
Small and medium-sized businesses in the Outaouais region experiencing financial difficulties due to COVID-19 will receive an additional $ 5.7 million, the Government of Quebec announced Monday morning.
C ‘re new measures to support SMEs in need of liquidity of an amount less than $ 50 000 for working capital are added to the business for temporary concerted action program (PACT) announced by Quebec 19 last March which is aimed at companies with liquidity needs greater than $ 50,000. These initiatives are in addition to those put forward by the federal government.
The assistance that has just been specified for SMEs in the Outaouais by the government of Quebec comes from an envelope of $ 150 million made available to MRCs. Businesses in all industries, including co-operatives, non-profit organizations and social economy businesses engaged in commercial activities will be able to obtain a loan or loan guarantee of up to $ 50,000. The procedures and procedure for obtaining assistance are published on the Québec.ca website.
The Minister Delegate for Regional Economic Development, Marie-Eve Proulx, invites SMEs in need to contact their local economic development service directly to be taken care of.
“It is important for us to remain attentive to the needs of entrepreneurs, business leaders and employees in order to put in place adequate economic measures and adjust our interventions,” said the Minister responsible for Outaouais. way of press release, Mathieu Lacombe. Today we are responding to the call of companies who need financial assistance for less than $ 50,000 to mitigate the impact of COVID-19. Our government wants to help as many businesses as possible get through the crisis. This is why our measures are continuously reassessed, depending on the evolution of the economic situation and the needs of entrepreneurs. ”