What Drummond économique does

Drummond économique is a non-profit economic development organization mandated to promote business growth, investment attraction, and job creation across the MRC de Drummond region in Centre-du-Québec, Canada. Headquartered in Drummondville at 1500 rue Jean-Berchmans-Michaud, the organization was rebranded in 2010 from the former SDED (Société de développement économique de Drummondville) and is governed under Quebec law with primary funding from the MRC de Drummond, Ville de Drummondville, and Government of Quebec.

The organization's service portfolio spans four pillars: (1) business support across the full lifecycle (startup via École des entrepreneurs du Québec partnership, growth, acquisition/repreneuriat, and succession planning); (2) regional talent attraction, including an in-house international recruitment unit with an on-staff immigration lawyer, MIFI partnership, and the Choisir Drummond online platform; (3) managed regional economic infrastructure — the Industrial Incubator (34 offices, 125–4,500 sq ft), Drummondville Airport (6,000 × 100 ft runway, fuel, hangar, customs), Centrexpo Promutuel Assurance convention centre (60,000 sq ft main auditorium, 3,000 banquet capacity), and 12 industrial parks; and (4) business event hosting, including the annual Salon Défi Emploi Drummond (16 editions). The 2025 launches of the "1000 jours pour transformer sa productivité" SME productivity program with Banque Nationale and Investissement Québec, and the "Choisir le cœur du Québec" inter-regional recruitment platform, mark its most recent service-line extensions.

Commercially, Drummond économique operates a hybrid funding model: government appropriations (dominant), recurring rental income from incubator and airport tenants, transactional revenue from aviation fuel and parking, annual membership fees, and event-hosting revenue from Centrexpo. Regional economic impact data attributed to the organization includes $1.2 billion in manufacturing investments and $337 million in commercial investments over the past five years, 572 manufacturing firms and 2,773 commercial/service businesses in the territory, and 615,000 annual visitors to its major events generating $16.8 million in business-tourism value.

Name

Drummond économique

Legal name

Drummond économique

Website

https://drummondeconomique.ca

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Drummond économique is a non-profit economic development organization for the MRC de Drummond in Quebec, Canada, providing business startup, growth, acquisition, and succession support; talent attraction; and management of regional infrastructure including an industrial incubator, airport, and convention centre for regional SMEs and entrepreneurs.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of General Economic Programs (92611)

SIC

Non-Operating Establishments (9995)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industries

Workforce Development & Inclusive Employment (Job Training, Placement) (BPAGALAB), Small Business & Entrepreneurship Community Education (EDAAAFAK)

Keywords

• Economic development services
• Business incubation programs
• Talent recruitment services
• Regional infrastructure management
• Entrepreneurship support

Headquarters

HQ city

Drummondville

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Government Funding: Primarily funded by government bodies including the MRC de Drummond, Ville de Drummondville, and Government of Quebec to support economic development activities
2. Industrial Incubator Rentals: Rental income from 34 office spaces ranging from 125 to 4,500 square feet in the industrial incubator
3. Airport Services: Fuel sales, hangar rentals, land sales, and parking services at Drummondville Airport
4. Membership Fees: Annual membership fees providing access to events, networking, and reduced rates on services

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Drummond économique is a non-profit economic development organization that provides business support services to entrepreneurs and companies in the MRC de Drummond region. Its core offerings include personalized business accompaniment (startup, growth, acquisition, and succession), management of regional economic infrastructure (Industrial Incubator, Drummondville Airport, Centrexpo convention centre, 12 industrial parks), international and regional talent recruitment, and specialized training programs including productivity transformation and intelligent manufacturing advisory.

Product overview

Drummond économique offers a comprehensive portfolio of economic development services organized around four pillars: business support (startup, acquisition, succession, growth), infrastructure management (industrial parks, Drummondville Airport, Centrexpo convention center, Industrial Incubator with 34 office spaces), talent attraction (international recruitment, regional recruitment), and business events. The organization connects entrepreneurs with funding programs (Fonds locaux d'investissement, Futureshop Canada), provides personalized accompaniment services, and operates specialized programs like PME 360, Programme AVA, and the 1000 jours productivity transformation initiative. The Choisir Drummond platform facilitates international talent recruitment while the Industrial Incubator provides affordable workspace and administrative support for startups.

Differentiator

Problem solved

Functional benefit

Brands

• Choisir Drummond: Talent attraction and recruitment platform for businesses in the Drummond region
• Centrexpo Cogeco Drummondville
• Drummondville Airport
• Industrial Incubator
• Programme d'incubation commerciale (PIC)

Products and services

• Accompagnement personnalisé (Personalized Support)

Quantifiable outcome

• 1.2 billion in manufacturing investments over 5 years with 168 million in 2025 alone
• +4 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• Promutuel Assurance Centre-SudcoreGTM or Marketing Partner · 1 January 2025Naming partnership for Centrexpo Drummondville, now called Centrexpo Promutuel Assurance. The partnership inaugurated in 2025 positions the convention centre with enhanced brand visibility and regional support.
• Banque NationalecoreStrategic or Co-development Partner · 1 January 2025Major financial supporter of the '1000 jours pour transformer sa productivité' initiative. Major backing enables structured productivity transformation program for regional SMEs with coaching, peer development, and results monitoring.
• Investissement QuébeccoreStrategic or Co-development Partner · 1 January 2025Government investment agency collaborating on the productivity transformation initiative. Provides financial solutions and accompaniment services; companies receiving support showed 44% productivity improvement between 2019-2023.
• Centre national intégré du manufacturier intelligentcoreStrategic or Co-development Partner · 1 January 2025Regional manufacturing excellence centre collaborating on the productivity initiative. Serves as the manufacturing hub for intelligent manufacturing development in Centre-du-Québec, supporting industry transformation.
• Choisir le cœur du QuébecminorGTM or Marketing Partner · 1 January 2025International recruitment platform launched in 2025 to promote the region to talent outside Canada, supporting companies in Drummond with workforce needs.
• École des entrepreneurs du Québec (EEQ)coreStrategic or Co-development PartnerPartnership providing comprehensive training programs for entrepreneurs in the Drummond RCM. EEQ offers structured training supporting business startup and development, complementing Drummond économique's local services with proven educational resources.
• Ville de DrummondvillecoreStrategic or Co-development PartnerCity government collaborates on multiple initiatives including commercial development programs, industrial infrastructure management, and events. Co-developer of the Commercial Incubation Program for downtown and Saint-Joseph district.
• Ministère de l'Immigration, de la Francisation et de l'Intégration (MIFI)coreStrategic or Co-development PartnerProvincial immigration ministry partnering on talent attraction and international recruitment initiatives, helping companies access international workers and supporting their integration.

Scale indicators14 records

Recent moves8 records

Expansion highlights3 records

Others

• Centre national intégré du manufacturier intelligent (CNIMI): Centre-du-Québec's intelligent manufacturing hub and named partner in Drummond économique's productivity initiative; operates as an ecosystem enabler rather than a direct competitor.
• SADC (Sociétés d'aide au développement des collectivités) du Centre-du-Québec: Community-development corporations providing SME financing and business support in rural Quebec MRCs — overlapping with Drummond économique's PME accompaniment services but operating as a parallel funding channel.

Direct peers

• Développement économique Longueuil (DEL): Economic development agency for the Longueuil agglomeration serving as a regional one-stop-shop for business startup, growth, and attraction — same institutional form and service scope as Drummond économique.
• Laval économique: Economic development organization for Laval, offering business accompaniment, industrial park management, and investment attraction — directly comparable in service mix to Drummond économique.
• Montréal International: Greater Montréal's foreign investment promotion and international talent attraction agency, operating the same core mandate as Drummond économique but at metropolitan scale and global brand reach.
• Québec International: Economic development agency for the Québec City metropolitan region offering foreign investment attraction, talent recruitment, and business support — directly comparable in mandate, scale, and service portfolio to Drummond économique.
• Sherbrooke Innopole: Economic development corporation for Sherbrooke and surrounding MRCs in the Eastern Townships, delivering investment attraction, startup support, industrial park management, and international recruitment — a near-twin operating model.
• Granby Industriel: Industrial promotion body for the Granby MRC in Montérégie — comparable small-city economic development operator focused on manufacturing investment attraction and industrial park stewardship within a similar territorial scope.

Broad incumbents

• Investissement Québec: Quebec's provincial investment agency funding Drummond économique's productivity program; operates broader provincial mandate overlapping with regional economic development functions but at much greater scale.
• Développement économique Canada pour les régions du Québec: Federal economic development agency for Quebec regions, providing funding and programs that complement Drummond économique's mandate; a higher-level counterpart in the same ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/drummondeconomique
• Instagraminstagram.com/tourismedmv
• TikToktiktok.com/@tourisme.drummond
• LinkedInlinkedin.com/company/drummondeconomique

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Drummond économique