Puzzle Medical Devices, a business co‑founded and led by a woman, receives $300,000 in financial assistance from CED to increase its productivity.
Montréal – Marc Miller, Member of Parliament for Ville‑Marie‒Le Sud‑Ouest‒Île‑des‑Sœurs and Minister of Crown-Indigenous Relations, announced, on behalf of Pascale St‑Onge, Minister of Sport and Minister responsible for CED, a repayable contribution of $300,000 for Puzzle Medical Devices (PMD). This CED support will enable the Montréal SME to increase its productivity and production capacity by acquiring digital equipment and a cleanroom and securing its intellectual property.
Founded in 2018 by young entrepreneurs under the age of 30, PMD is a start-up specializing in the design and manufacture of medical devices. Jade Doucet‑Martineau, Co‑founder and CEO, is a daring young woman entrepreneur. Along with the other two co‑founders, she has been able to build a business that is constantly distinguishing itself, including when it developed the world’s first percutaneous heart pump for patients suffering from advanced heart failure. The modular design of the device makes for percutaneous implants that are less invasive and do not require open‑heart surgery.
Women such as Jade Doucet-Martineau play an instrumental role in the country’s economic development. Following International Women’s Day, celebrated on March 8, the Government of Canada wishes to showcase their leadership and know‑how, which are essential in building a Canadian economy that is stronger, more resilient, and more inclusive.
“Across the country, entrepreneurs participate in the economic vitality of our communities by creating good jobs. Today’s announcement for Puzzle Medical Devices is proof once again of the Government of Canada’s commitment to women entrepreneurs and innovative businesses in the metropolis, in line with our economic recovery plan. Congratulations to the PMD team on this promising project in the field of medial equipment manufacturing!” – Marc Miller, MP for Ville‑Marie‒Le Sud‑Ouest‒Île‑des‑Sœurs and Minister of Crown‑Indigenous Relations
“Our government has set itself the mission to support the growth of Canadian businesses and the economic diversification of communities, which cannot be done without the key contribution of our women entrepreneurs. Assisting women from Quebec who choose the path of entrepreneurship leads to inclusive growth in our regional economies, paving the way for a prosperous future. SMEs such as Puzzle Medical Devices are key drivers in our economy and our communities, and I am delighted with CED’s support for this project by this thriving business. Its success and spin‑offs will contribute to the economic vitality of the Greater Montréal region.” – Pascale St‑Onge, MP for Brome–Missisquoi, Minister of Sport and Minister responsible for CED