An overview of businesses supported by PME MTL Ouest-de-l'Île in the last 6 months

The financial help provided by PME MTL Ouest-de-l'Île with its various grants & loans programs enabled the support of these businesses during the last 6 months of 2018.

Precimold inc. - $400,000 

PME MTL Ouest-de-l'Île  has awarded a loan of $400,000 from the PME MTL fund and the Fonds local de solidarité Montréal (FLS Montréal), to Precimold inc., a company currently situated in Candiac but will be relocating in Baie d’Urfé at the beginning of 2019.

Founded in 1966 and later purchased by Jack McDonald in August 2016, Precimold Inc. is a contract manufacturer, custom injection molder, and tool maker that manufactures and supplies precision plastic injection molding products for technical, medical, pharmaceutical, automotive and aeronautical industries applications.

The financial support received by PME MTL Ouest-de-l'Île will help Precimold to purchase Kamek Inc, a business situated in Baie d’Urfé and will consolidate all its business activities in the same town.

Jack McDonald, President and Owner of Precimold inc., Jean Archambault, Industrial Commissioner at PME MTL Ouest-de-l'Île, and Gary Shamandy-Cook, CFO at Precimold inc.

Cemar Electro inc. - $150,000

PME MTL Ouest-de-l'Île  has awarded a loan of $150,000 from the PME MTL fund and the Fonds local de solidarité Montréal (FLS Montréal), to Cemar Electro inc., a company situated in Lachine.

Established in 1983, Cemar develops, produces and markets low-powered laser systems primarily in the wood industry.

Cemar recently developed a second line of lasers for the medical community, the Patient alignment system, which helps cancer patients align in the CT machines.

The financial support received by PME MTL Ouest-de-l'Île will help Cemar to obtain CE medical marking certification of new medical devices. It will also help in the commercialization of these new industrial and medical systems more rapidly and at a larger scale.

Jean Archambault, Jean Archambault, Industrial Commissioner at PME MTL Ouest-de-l'Île, Walter Spirig, President of Cemar Electro inc., and Daniel F. O'Connor, Lawyer

XYpper Software inc. - $115,000 

PME MTL Ouest-de-l'Île  is proud to have awarded a loan of $100,000 from the  Fonds PME MTL and Fonds local de solidarité Montréal (FLS)  and a grant of $15,000 from the Jeunes Entreprises program to XYpper Software inc.,  a company situated in Île-Bizard on the West Island.

Founded in December 2016, XYpper is a software company that has developed and launched an innovative software that will completely transform, modernize and streamline operations for the trucking industry through a system that includes an Uber-like app.

The XYpper system is ready for commercialization with already 435 subscribers, of which 373 are truckers and 62 are brokers.

This financial aid will accelerate the marketing efforts more aggressively in an industry that is technologically very archaic. It will also support expansion and the acceleration of sales for this business.

Valerio Lanzieri, President of XYpper Software inc., Jean Archambault, Industrial Commissioner at PME MTL Ouest-de-l'Île

Anyon Systems inc. - $235,000 

PME MTL Ouest-de-l'Île  is proud to have awarded a loan of $220,000 from the  Fonds PME MTL and Fonds local de solidarité Montréal (FLS)  and a grant of $15,000 from the Jeunes Entreprises program to Anyon Systems inc., a company situated in Dorval.

Founded in December 2014, Anyon Systems Inc. (ASI) is a quantum technology company with the mission of introducing hardware and software solutions to engineer quantum electronics. It is the only company in the world that specializes in high performance computing, nanoelectronics, parallel computing, superconducting devices, and quantum computing

ASI has been working with leading industrial and academic groups in quantum computing to address some of the most recalcitrant challenges in developing large-scale superconducting quantum processors. Read more about their interesting work with Google.

This financial aid will accelerate their commercialization efforts as well as support their cash flow and operating and R&D expenses.  

Alizera Najafi-Nazdi, President of Anyon Systems inc., Jean Archambault, Industrial Commissioner at PME MTL Ouest-de-l'Île

PME MTL Ouest-de-l'Île is a network of experts in economic develop at the service of entrepreneurs and businesses of the West Island. The support of PME MTL Ouest-de-l'Île can make a crucial difference at any point in the life cycle of a company, from start-up to mature, international corporation.

Numerous funding options are available to help entrepreneurs and businesses carry out their plans be it for start-ups, growing companies and to help maintain jobs in the West Island.

PME MTL Ouest-de-l'Île supports entrepreneurs and businesses from: Baie-D’Urfé, Beaconsfield, Dollard-des-Ormeaux, Dorval, Kirkland, Lachine, L’Île-Bizard-Sainte-Geneviève, Pointe-Claire, Pierrefonds-Roxboro, Sainte-Anne-de-Bellevue, Senneville.