The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

2012 Pierre Peladeau Bursaries: Three New Businesses Share $100,000

Wednesday, May 09, 2012

2012 Pierre Peladeau Bursaries: Three New Businesses Share $100,00012:50 EDT Wednesday, May 09, 2012MONTRÉAL, QUÉBEC--(Marketwire - May 9, 2012) - For the 13th consecutive year, Quebecor is rewarding the best business projects entered in the Pierre Péladeau Bursaries competition. Three young Québec entrepreneurs will share $100,000 to help them realize their dream and build the Québec of the future. The 2012 First Pierre Péladeau Bursary, worth $50,000, has been awarded to Groupe Betavib, an industrial maintenance company founded by engineer Béchir Badri, a graduate of the École de technologie supérieure (ETS). Betavib develops monitoring systems for dynamic equipment analysis to achieve maintenance cost reductions and prevention. The 2012 Second Pierre Péladeau Bursary, worth $30,000, goes to Therbec Énergie, founded by François-Mathieu Potvin, who holds a Ph.D. in mechanical engineering from Université Laval. Therbec is planning to market a cutting-edge system to boost output at geothermal plants. The revolutionary thermal process can be introduced at existing power plants. The 2012 Third Pierre Péladeau Bursary, worth $20,000, has been awarded to Iboolab, a developer of educational games for mobile devices and the Web. Co-founders François Boucher-Genesse and Jean-Guillaume Dumont, both Master's students at Université du Québec à Montréal (UQAM), aim to help kids learn math and science."To secure our future prosperity and the viability of the collective choices we have made, we need more new businesses in Québec," said Pierre Karl Péladeau, President and CEO of Quebecor. "We at Quebecor are therefore very proud to support our homegrown entrepreneurs through the Pierre Péladeau Bursaries. Our young entrepreneurs have no lack of drive and innovative talent. We believe that providing this financial assistance during the critical business startup phase will enable these projects to start on a solid footing and take wing more quickly." The Pierre Péladeau Bursaries were created to promote entrepreneurship and support business startups by Québec university students. Students at all Québec universities are eligible. Each year, bursaries are awarded to the best three projects submitted to the jury. Since their creation in 1999, the Pierre Péladeau Bursaries have distributed more than $1 million to more than 40 young business people, helping them start their businesses, carry out their business plans and develop their products and markets.The members of the jury for the 2012 Pierre Péladeau Bursaries were:Pierre Laurin, Chairman of the Board, Atrium Innovations Adam Lapointe, President and CEO, Soccrent Claire Léger, Vice-Chairman, Le Groupe St-Hubert Marc Leroux, President, Priorat Capital Inc. Érik Péladeau, President and CEO, Group Lelys Inc. Dennis Wood, President, Les Placements Dennis Wood Inc.The CorporationQuebecor Inc. (TSX:QBR.A)(TSX:QBR.B) is a holding company with a 54.7% interest in Quebecor Media Inc., one of Canada's largest media groups, with more than 16,000 employees. Quebecor Media Inc., through its subsidiary Videotron Ltd., is an integrated communications company engaged in cable television, interactive multimedia development, Internet access services, cable telephone services and mobile telephone services. Through Sun Media Corporation, Quebecor Media Inc. is the largest publisher of newspapers in Canada. It also operates and its network of English and French language Internet properties in Canada. In the broadcasting sector, Quebecor Media Inc. operates, through TVA Group Inc., the number one French language general interest television network in Québec, a number of specialty channels and the SUN News English language channel. Another subsidiary of Quebecor Media Inc., Nurun Inc., is a major interactive technologies and communications agency with offices in Canada, the United States, Europe and Asia. Quebecor Media Inc. is also active in magazine publishing (TVA Publishing Inc.), video game development (BlooBuzz Studios, L.P.), book publishing and distribution (Sogides Group Inc. and CEC Publishing Inc.), the production, distribution and retailing of cultural products (Archambault Group Inc. and TVA Films), DVD, Blu-ray disc and videogame rental and retailing (Le SuperClub Vidéotron Ltd), the printing and distribution of regional newspapers and flyers (Quebecor Media Printing Inc. and Quebecor Media Network Inc.), news content production and distribution (QMI Agency), multiplatform advertising solutions (QMI Sales) and the publishing of printed and online directories, through Quebecor MediaPages™.FOR FURTHER INFORMATION PLEASE CONTACT: Senior Vice President, Corporate and Institutional AffairsJ. Serge SassevilleQuebecor Media