Canada Economic Development for Quebec Regions
- Company typePrivate
- Founded-
- HeadquartersMontréal, Canada
- Headcount—
- GTM typeB2B
- OfferingServices
Canada Economic Development for Quebec Regions firmographics
Firmographics- Name
- Canada Economic Development for Quebec Regions
- Legal name
- Canada Economic Development for Quebec Regions
- Website
- https://ced.canada.ca
- Company type
- Private
- Operating status
- Operating
- Ownership category
- akta.pro rank
Canada Economic Development for Quebec Regions industry classification
Industry- Product category
- Government Economic Development Funding
- NAICS
- Administration of Economic Programs (9261), Administration of General Economic Programs (92611), Executive, Legislative, and Other General Government Support (921)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- Grants, Subsidies & Intergovernmental Transfers (BPAIAEAF)
- akta.pro secondary industry
- Trade, Industry & Economic Development Administration (BPAIAAAL)
Keywords
Where Canada Economic Development for Quebec Regions is headquartered
LocationHeadquarters
- HQ city
- Montréal
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Canada Economic Development for Quebec Regions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Federal Government Appropriations: CED operates as a government agency funded through annual federal budget appropriations. The agency provides grants and repayable contributions to eligible SMEs and non-profit organizations in Quebec regions to support economic development, innovation, and competitiveness.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Canada Economic Development for Quebec Regions product offering
Product offeringCore offering
Federal government agency that provides financial contributions — grants and repayable contributions — to small and medium-sized enterprises (SMEs) and economic non-profit organizations across Quebec regions. It funds business growth, innovation, productivity improvements, and international market expansion through targeted regional development programs administered under the Ministry of Industry.
Product overview
Canada Economic Development for Quebec Regions (DEC/CED) is a Canadian federal government agency that provides financing, advisory services, and support programs for SMEs (small and medium enterprises) and non-profit organizations with economic missions across all regions of Quebec. The agency does not offer a unified product or platform but rather administers multiple funding programs and initiatives including the Regional Economic Growth through Innovation (CERI), Regional Defence Investment Initiative (RDII), Tariff Response Initiative, Regional AI Initiative, Regional Quantum Innovation Support, and the Residential Construction Innovation Initiative. These programs provide repayable and non-repayable contributions to businesses for equipment acquisition, digital modernization, international marketing, productivity improvements, and innovation adoption.
Differentiator
Problem solved
Functional benefit
Products and services
- Regional Economic Growth through Innovation (REGI / CERI) Funding program for Quebec SMEs and economic non-profit organizations to support innovation projects, business growth, productivity improvements, and commercialization activities aligned with regional economic priorities.
- Regional Defence Investment Initiative (RDII) Targeted contribution program supporting Quebec SMEs in defence and defence-related supply chains to scale capacity, modernize operations, and integrate into Canadian defence procurement.
- Tariff Response Initiative Federal funding initiative providing contributions to Quebec businesses affected by tariffs to support resilience, supply chain adjustment, and competitiveness against trade-related cost shocks.
- Regional AI Initiative Contribution program supporting Quebec SMEs and non-profits in adopting, developing, or commercializing artificial intelligence solutions to enhance productivity and competitiveness.
- Regional Quantum Innovation Support Contribution program providing financial support to Quebec SMEs, research organizations, and non-profits developing or adopting quantum technologies and capabilities.
- Residential Construction Innovation Initiative Contribution program supporting Quebec residential construction firms and ecosystem actors in adopting innovative methods, technologies, and processes to increase housing supply.
Quantifiable outcome
- 54 projects facilitated representing $2.628 billion in investments and 3,720 jobs created in Greater Montreal (2025)
- +3 more outcomes
Companies that use Canada Economic Development for Quebec Regions
Customer profileNamed customers17 records
Segments4 records
Ideal customer profiles2 records
Canada Economic Development for Quebec Regions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Canada Economic Development for Quebec Regions partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Montréal InternationalcoreCED provides $7 million funding to Montréal International to strengthen Greater Montréal's ability to attract foreign direct investment. In 2025, Montréal International facilitated 54 projects representing $2.628 billion in investments and created 3,720 jobs. The partnership targets strategic sectors including defence and aerospace, life sciences, clean technology, and AI.
- Université du Québec en Outaouais (UQO)coreCED provided $3.6 million non-repayable contribution to UQO under the Regional Defence Investment Initiative (RDII) to establish a cybersecurity laboratory meeting defence standards. Combined with UQO's $900,000 contribution, the $4.5 million investment aims to strengthen defence supply chain resilience and position Outaouais as a reference hub for cybersecurity applied to transportation systems.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Canada Economic Development for Quebec Regions competitors and assessment
Company assessmentRegional players
- Investissement Québec: Quebec's provincial economic development agency providing financing (loans, equity, guarantees) and tax credits to Quebec-based businesses. Operates in the same Quebec geography as CED but with a more commercial/financial orientation and provincial mandate.
Direct peers
- Prairies Economic Development Canada (PrairiesCan): Direct peer federal regional development agency serving the Prairie provinces (Manitoba, Saskatchewan, Alberta, British Columbia). Operates the same model of grants and repayable contributions to SMEs and NPOs, with comparable programs under Innovation, Science and Economic Development Canada.
- Atlantic Canada Opportunities Agency (ACOA): Direct peer federal regional development agency for the four Atlantic provinces. Operates identical mandate: grants and repayable contributions to SMEs, regional offices, and program alignment with ISED's industrial strategy.
- Canadian Northern Economic Development Agency (CanNor): Direct peer federal regional development agency serving the three Northern territories (Yukon, NWT, Nunavut). Provides the same grants, contributions, and advisory services to SMEs and NPOs in northern regions.
- Federal Economic Development Agency for Southern Ontario (FedDev Ontario): Direct peer agency delivering federal economic development funding to Southern Ontario SMEs. Shares the same funding program architecture, GTM motion (regional offices, federal announcements), and accountability structure under ISED.
- Federal Economic Development Agency for Northern Ontario (FedNor): Direct peer federal agency providing economic development programming to Northern Ontario. Operates the same funding instruments and SME-focused model as CED but focused on a different sub-national geography.
Broad incumbents
- Business Development Bank of Canada (BDC): Crown corporation providing financing, advisory services, and capital to Canadian SMEs. Operates a broader national footprint with commercial loan products rather than grants, making it complementary rather than directly competitive with CED's contribution model.
- Canada Infrastructure Bank: Federal Crown corporation investing in Canadian infrastructure projects. Comparable as a federal economic instrument using public capital to catalyze private investment, though focused on infrastructure rather than SME productivity.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Canada Economic Development for Quebec Regions social profiles
Digital presenceCanada Economic Development for Quebec Regions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Canada Economic Development for Quebec Regions leadership team
Management profileNumber of profiles
Profiles1 record
Canada Economic Development for Quebec Regions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Canada Economic Development for Quebec Regions M&A and investment
M&A and investmentM&A
Investments177 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Canada Economic Development for Quebec Regions
What does Canada Economic Development for Quebec Regions do?
Federal government agency that provides financial contributions — grants and repayable contributions — to small and medium-sized enterprises (SMEs) and economic non-profit organizations across Quebec regions. It funds business growth, innovation, productivity improvements, and international market expansion through targeted regional development programs administered under the Ministry of Industry.
Is Canada Economic Development for Quebec Regions a public or private company?
Canada Economic Development for Quebec Regions is a private company. It is classified as state government owned and is currently operating.
When was Canada Economic Development for Quebec Regions founded?
Canada Economic Development for Quebec Regions was founded in -1.
Where is Canada Economic Development for Quebec Regions based?
Canada Economic Development for Quebec Regions is headquartered in Montréal, Canada, in the North America region.
How does Canada Economic Development for Quebec Regions make money?
One revenue line is on record: federal Government Appropriations.
Who are Canada Economic Development for Quebec Regions's main competitors?
Investissement Québec is listed as a regional player. Direct peers are Prairies Economic Development Canada (PrairiesCan), Atlantic Canada Opportunities Agency (ACOA), Canadian Northern Economic Development Agency (CanNor), Federal Economic Development Agency for Southern Ontario (FedDev Ontario) and Federal Economic Development Agency for Northern Ontario (FedNor). Broad incumbents are Business Development Bank of Canada (BDC) and Canada Infrastructure Bank.
Does Canada Economic Development for Quebec Regions have an API?
No public API is recorded for Canada Economic Development for Quebec Regions.
What industry is Canada Economic Development for Quebec Regions in?
Canada Economic Development for Quebec Regions's product category is Government Economic Development Funding. Its primary akta.pro industry code is BPAIAEAF, Grants, Subsidies & Intergovernmental Transfers, with a secondary code of BPAIAAAL, Trade, Industry & Economic Development Administration. Its NAICS code is 9261 and its SIC code is 6111.