NexDev is proud to release the results of its annual report for the 2018 fiscal year ending December 31. For another year in a row, local entrepreneurs have made massive investments in their businesses, therefore for the first time of its history, they have risen to over $ 115 million.
Overall, for expansion and development projetcts, $ 118,736,690 was injected and 8,741 jobs were registered, representing an increase of 292 jobs compared to 2017. Of the 224 manufacturing companies located in the territory of Haut-Richelieu, 65% export outside Quebec and 60% plan to increase their sales in 2019. For more information, we invite you to consult our annual report online by clicking here.
“Our region has without any doubt very attractive qualities. We must continue to evolve and develop them if we want to remain an attraction pole. The national and international competition is colossal, to succeed, companies will have to improve their manufacturing processes, how they attract workforce and innovate in research and development. With this in mind, NexDev has taken a new step forward in support for innovation. We have put in place a multidisciplinary, dynamic and talented team whose mission is to meet the needs of companies by providing them with expertise to support them in their development.” – Véronique Tougas, president of NexDev.
Along the same lines, the year 2018 was caracterized by the creation of InnoSecur following several mobilization efforts and international initiatives, including a mission to Israel in order to identify the best practices of CyberSpark, a world-renowned cybersecurity ecosystem. InnoSecur is therefore starting its own security’s ecosystem in the Haut-Richelieu with innovative companies working in the security sector, local elected officials, representatives of the education community and development organizations.
2018 was rich in projects for NexDev. Let’s only think about the creation of Tourisme Haut-Richelieu, the establishment of a committee for the action plan in labor and immigration with our partners, our collaboration in the development of an incubation program with the CTIHR and several others we invite you to discover in the annual report, available for consultation. The beginning of a major overhaul of our communication tools (website, international brochure, corporate image, etc.) will have been at the center of the organization’s activities for 2018.
Over the next year, NexDev will continue to play a leading role in supporting manufacturing companies with labor shortage. Innovation will also make it as a priority for 2019. It is also during 2019 that NexDev will unveil several new features to improve support for businesses in terms of staff and services, but also in terms of communications and beneficial tools for everyone. Be on the lookout!
NexDev would like to thank the MRC of Haut-Richelieu and all the mayors for giving us their support and trust. In addition, we can count on the solid expertise of our professionals and the significant contributions of organizations, businesses and entrepreneurs, committees, volunteers and financial institutions. We thank them for their contribution and dedication to economic development.
NexDev supports manufacturing and industrial companies in their implementation and development projects (expansion, retention, relocation, export, financial assistance, innovation, labor, business transfer, etc.). As an economic development organization, we are here to identify the needs of our businesses, support them and refer them to the organizations and partners needed to achieve their objectives!