May 9, 2022
Zone Agtech helps Alliance Solutions close financing

Zone Agtech helps Alliance Solutions close financing with CieNOV

The Zone Agtech is a place of innovation, strategic networking, knowledge and business acceleration dedicated to agtech companies and plant bioproducts. Since its creation in 2020, its team has supported hundreds of innovative projects, many of which have come to fruition thanks to the support of the Zone Agtech team in all their targeted strategic development needs. 

This is the case forAlliance Solutions, which has just finalized a round of financing with the help ofOlivier Demers-Dubé, Director of Projects and Innovation Programs at Zone Agtech, and Denis Guillemette, Business Financing Advisor at CieNOV. The funding will be used to boost their service offering and better meet the needs of their customers. 

We're a key player in facilitating the establishment and operations of companies that want to enter the agriculture of tomorrow," says David Poisson, engineer and co-founder. This financing will enable us to be even better in our services dedicated to the automation, optimization and maintenance of resources." 

Alliance Solutions is an MRC de L'Assomption company specializing in the optimization process and the implementation of solutions tailored to the budget, culture and vision of the company requiring its services. Its aim is to support, in particular, businesses and the agtech ecosystem that is emerging in the MRC de L'Assomption.

Moreover, in 2021, its founders, David Poisson and Yanick St-Yves, received personalized services from CieNOV and the Agtech Zone, in addition to participating in the first cohort of the Cycle Momentum Acceleration Program: Agtech, powered by the Agtech Zone. 

These two engineers evaluate the activities and processes of our partner companies in order to propose actions that optimize performance, while keeping costs to a minimum, in an eco-responsible spirit.  

We had an entrepreneurial idea, and the Zone Agtech team helped us bring it to fruition," says Mr. St-Yves. We're now a well-established project, in symbiosis with the region's agricultural reality. In addition to guiding us through the rapid maturation of our project, the support offered by Zone Agtech helped us focus on our objectives and find the right financing to achieve them." 

It should be noted that several financial tools were used for the financial package: the FLI/FLS fund(Fonds Local d'Investissement & Fonds Local de Solidarité FTQ), as well as funds from the PAUPME(Programme d'Aide d'Urgence aux PME).

The Fonds Local d'Investissement (FLI) and the Fonds Local de Solidarité (FLS) are financial tools designed to support business projects in the L'Assomption MRC. The mission of these two local funds is to provide financial and technical assistance to new and existing businesses in order to create and maintain jobs on the MRC territory. One of the objectives of these "Local Funds" is to encourage the start-up and growth of entrepreneurship in the MRC de L'Assomption.

Alliance Solutions also received financial assistance from the Fonds Propulsion, a non-refundable financial contribution for companies in the L'Assomption MRC that are in the process of starting up or have been in operation for less than 24 months. The Fonds Propulsion was launched in 2021 by CieNOV and is aimed at companies operating in the technology, manufacturing, business services, food processing and tourism sectors.

Jacques Prescott, President of CieNOV, congratulates Alliance Solutions on establishing a presence in the L'Assomption MRC. The economic development of our territory must include the establishment of companies that contribute to the regional vitality of today and tomorrow," he asserts. I would like to salute the Zone Agtech, an ambitious project that will enable agricultural businesses to develop and grow in our region. The Zone Agtech will promote the creation of quality jobs, an environmentally-friendly economy and ensure the future of agriculture in our region.

About Zone Agtech

The first of its kind in Canada, the Agtech Zone is a 15-square-kilometer innovation zone for innovative agricultural technologies and plant bioproducts, dedicated to bringing together, promoting and showcasing Quebec's agricultural technology innovations. Bringing together a network of 200 organizations representing some 3,000 scientists, farmers, major corporations, innovators, startups, growers and citizens, the Agtech Zone focuses its actions on supporting the development and deployment of agricultural technology solutions that reduce agriculture's environmental footprint, offer solutions for adapting to climate change, and promote food autonomy and security. It provides services to the entire agtech ecosystem in Quebec, giving it improved access to knowledge, talent, financing, local and international markets, and quality infrastructures to accelerate the development and deployment of the agricultural technologies of the future. In addition to the participation of its members and partners, the Zone Agtech is financially supported by the MRC de L'Assomption, Bioentreprise, Leyton, Cycle Momentum, Les Industries Harnois, Noovelia, INO and Agro-Québec. For further information: www.zoneagtech.ca

About CieNOV

CieNOV, the Corporation de développement économique de la MRC de L'Assomption, is the first line of intervention for businesses. CieNOV offers no-cost technical and financial services tailored to entrepreneurs and businesses, to help them grow and create jobs in Repentigny, L'Assomption, L'Épiphanie, Charlemagne and St-Sulpice.

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