Desjardins will invest more than $1 million
 to support 6 major projects in Central Quebec


Drummondville, October 20, 2017 - At a press conference held this morning in Drummondville in support of Co-op Week, Guy Cormier, President and CEO of Desjardins Group, and Christian Savard, President, Regional Council - Centre-du-Québec, announced that more than $1 million will be invested to support 6 major projects in Central Quebec over the coming months. 

The donations come from the $100-million development fund, which Desjardins created in 2016 to support and promote initiatives and projects that are in line with Desjardins's socio-economic mission to bolster entrepreneurship, education, social responsibility, sustainable development and community involvement. 

"Being a cooperative financial institution means more than having a distinct business model; it's also a state of mind," said Mr. Cormier. "Cooperation is about working together and helping one another to benefit all communities. The $100-million fund and this initial announcement confirm Desjardins's commitment to support regions and contribute to Quebec's development." 

"The announcement of a $1 million donation is just the beginning; we still have funds available for the Central Quebec region," said Mr. Savard. "We're going to continue supporting organizations that address the needs of the population. By doing so, we're embodying Desjardins's mission to contribute to improve the economic and social well-being of people and communities." 

$180,000 for the Carrefour des professions d'avenir event sponsored by
Table régionale de l'éducation du Centre-du-Québec

At this annual event, young people will have an opportunity to learn about high-demand jobs in Central Quebec. During the event, individuals making a career change and students in their third or fourth year of high school will be able to try out jobs. Desjardins will provide 3 years of financial support for the event. 

$350,000 for the Centre de la Biodiversité du Québec's Expérience nocturne multimédia et interactive project

An interactive multimedia centre will be set up so the public can learn about the St. Lawrence River and how it has changed over time. This educational centre will take visitors back in time so they can relive the key events that took place in the Champlain Sea. 

$108,000 for the Partenaires 12-18's Raccrocheurs de Jeunes, Réveilleurs de Leaders project

Initiatives for 12- to 18-year-olds will be rolled out in Central Quebec municipalities without youth centres. Participants will have access to activities to help them develop their skills and knowledge related to democracy, entrepreneurship and creativity. 

$68,000 for the Intimidation et réalité virtuelle project in partnership with Carrefour jeunesse-emploi Arthabaska and Impact Emploi de L'Érable

The Intimidation et réalité virtuelle project involves creating a 3D virtual reality video so that young people can witness bullying through a virtual reality headset. This technology gives young people the most realistic experience to give them something to think about. 

$150,000 for INOVEM's research lab and virtual and augmented reality technology transfers

INOVEM's College centre for technology transfer for cabinet and woodwork industries is affiliated with Cégep de Victoriaville. The purpose of the lab is to offer research services and virtual and augmented reality technology transfer services to the cabinet, woodwork and engineered wood industries. This includes offering technologies for online sales. 

$165,000 for the Commission scolaire des Chênes's Mon premier emploi manufacturier project

With this 3-year initiative, Central Quebec high school students in their fourth or fifth year are offered summer job opportunities in manufacturing companies. The goal is to promote academic success by encouraging young people to take specialized training and choose high-demand jobs in Central Quebec. 

About the $100-million development fund

In November 2016, Desjardins Group, Canada's leading financial cooperative group, announced the creation of a development fund totalling $100 million. The investments will spread over 3 years to support and promote Quebec and Ontario projects and initiatives that are in line with Desjardins Group's socio-economic mission to bolster entrepreneurship, education, social responsibility, sustainable development and community involvement.

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