1 May 2017

In the presence of the Minister for International Development and La Francophonie and MP for Compton-Stanstead Marie-Claude Bibeau and Minister of National Revenue Diane Lebouthiller, the federal government has announced financial support of $675 000 in the form of repayable contributions offered to five Sherbrooke businesses: SPI Bio, Imeka Solutions, Agendrix, Lumed and Immune Biosolutions. The support allocated will enable these businesses to continue their growth.

 SPI Bio: Receiving $175 000 out of a total investment of $1 285 000, SPI Bio’s young entrepreneurs are developing, manufacturing, and commercializing a technology that enables to detect Legionella in real time, determine the microbiological amount, and address cooling towers to limit contamination risks.

Imeka Solutions: The business is receiving a financial assistance of $150 000 for a project totalling $730 000. Through its brain diffusion MRI analysis software, Imeka provides additional information to preclinical and clinical research documentation, more specifically to develop treatments for neurodegenerative diseases, such as Alzheimer’s.

Agendrix: Agendrix is receiving $150 000 for a project totalling $551 230. The business plans for the start-up of businesses abroad through the marketing of its web and mobile platform, particularly for the regions of Western Europe and the United States.

Lumed: Lumed will obtain a contribution of $100 000 for a project totalling $800 000. The business is specializing in the development and commercialization of IT solutions in the life sciences sector.

Immune Biosolutions: The business is quickly producing a variety of high-quality antibodies through its innovative process to extract and purify antibodies from eggs. Immune Biosolutions’ project, for which it will be receiving $100 000 out of $300 000 in investments, is aimed at the start-up of an innovative business targeting Canadian and international pharmaceutical and biotechnological markets.