Canada Economic Development has awarded the Wind Energy TechnoCentre approximately C$1.9 million. The organization will use this financial assistance, which is to be allocated over a two-year period, to pursue its mission to further the development of a wind energy sector that is competitive on a North American and global scale.
The Wind Energy TechnoCentre allows the Gaspe region to attract new investment and businesses. Equipped with a research and development center, the TechnoCentre assists the sector's enterprises in developing, testing and commercializing their products and processes.
Since 2006, Canada Economic Development has invested nearly C$8.5 million in the Wind Energy TechnoCentre. This latest financial contribution has been awarded through the Business and Regional Growth program, an initiative aimed at helping enterprises improve their performance, become more competitive and engage in more innovation.
SOURCE: Canada Economic Development