FOR IMMEDIATE RELEASE
Montreal, QC – October 22, 2019 – It is with great enthusiasm that the Centre de transfert d’entreprise du Québec (CTEQ) announces the signing of a partnership agreement with the Community Economic Development and Employability Corporation (CEDEC). This announcement reinforces the cooperation between the two organizations to support CEDEC clients involved in the purchase or transfer of a business.
CTEQ and CEDEC are committed to offering their respective professional expertise to CEDEC’s English-speaking clientele in an effort to raise awareness about business transfers and support them throughout the process.
“CEDEC has strong connections throughout Quebec with the English-speaking businesses targeted by CTEQ, specifically entrepreneurs involved in a business transfer or purchase. This is yet another step towards our goal of spreading CTEQ and its services in as many sectors as possible,” said Vincent Lecorne, CEO of CTEQ.
“CEDEC is pleased to support and enhance the efforts of CTEQ to grow the incredible potential of English-speaking entrepreneurs through the process of buying or selling a business,” said John Buck, President and CEO of CEDEC. “Having CTEQ join our continuum of business support partners further enables CEDEC to provide businesses with timely skills and resources to innovate and contribute to the future vitality of communities across Québec.”
The mission of the Centre de transfert d’entreprise du Québec (CTEQ) is to help managers address the challenges of succession and business transfers. CTEQ mobilizes key players in the economic development sphere to take up the challenge of business succession and acts as a neutral facilitator to help create a more transparent marketplace that promotes the sustainability of Quebec businesses. Supported by the Ministère de l’Économie et de l’Innovation, CTEQ has been mandated to raise awareness about business succession and transfer. They also inform business owners, coordinate, and match and refer entrepreneurs who are in the process of transferring a business.
A global thinker and local actor, CEDEC facilitates collaboration across public, private, and civil society sectors to unleash and leverage creative potential and innovation that enhances economic activity benefitting English-speaking communities. Such collaboration creates forward-looking businesses, expands trade, future-proofs jobs, up-skills workforces, and ensures greater community resilience and prosperity.
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