FEPAC gets $130,000 gov’t grant for sustainability program
The Federation of Plastics and Alliances Composites (FEPAC) has received a $130,456 federal government grant...
The Federation of Plastics and Alliances Composites (FEPAC) has received a $130,456 federal government grant to help member companies in Quebec streamline operations.
The grant comes from Canada Economic Developments’ Business and Regional Growth program, and will be used for FEPAC’s IMAC Plastics-Composites program, which is aimed at helping small and medium-sized enterprises (SMEs) transition to enhanced performance and sustained growth.
Some 40 firms will participate in this program, which consists of four phases: preparation, pilot, validation and deployment. “In practical terms, FEPAC guides its member firms in their undertakings and helps them redefine their business plans and commercialization strategies,” FEPAC said in a press release. “This will inevitably influence their choices in terms of investments, technologies and training activities and make them aware of the value of placing greater importance on research and development.”
“Canada Economic Development considers it essential to lend its financial support to such a strategic sector as the one that the Federation of Plastics and Alliances Composites represents,” said The Honourable Denis Lebel, Minister of State for Canada Economic Development, “Thanks to the work of this trade association, which supports business leaders and provides them with innovative management tools, SMEs become more competitive in their respective markets, at both the domestic and the international level.”
Boucherville, Que.-based FEPAC currently comprises more than 180 enterprises in the Quebec plastics and composites industries. Its mission is to facilitate networking and, ultimately, joint projects.