Backgrounder: awards over $1.5M to seven Québec businesses
Summary
Backgrounder: Government of Canada awards over $1.5M to seven Qu\xe9bec businessesThe following information is in addition to the news release issued on October 11, 2022, on CEDs financial assistance and the recipient businesses and their respective projects.The following information is in addition to the news release issued on October 11, 2022, on CEDs financial assistance and the recipient businesses and their respective projects.The goal of the project is to improve this biotech companys innovation and production capacity. This equipment will serve to develop applications using artificial intelligence, biomarkers and biometrics to create a virtual human copy (or digital twin) to facilitate the early detection of diseases and the prediction of various health conditions. CEDs funding will allow the company to acquire and install an automated production chain, participate in trade fairs, hire specialized sales and marketing resources and develop a website and promotional and advertising tools. CEDs funding will be used to acquire laboratory equipment, such as measuring instruments and an optical microscope; develop STADIUM software, which will allow for the integration of new analytical capabilities in the field of petrography; and to carry out various marketing activities. The project aims to increase the commercialization capacity of this technology company in the design, manufacture and marketing of a platform to improve quality control in radiation therapy.