In collaboration with the Ministère de l’Économie et de l’Innovation, Montréal will grant eight entrepreneurship support projects $4.5 million over two years. This boost is part of the 2021 Economic Recovery Plan.
This funding will enable startup companies to benefit from personalized coaching, an expanded business network and specialized resources. Such support is crucial for the creation and sustainability of young businesses.
Following a call for proposals, a selection committee selected eight projects submitted by organizations and university entrepreneurship centres specializing in coaching startups.
- Concordia University: Enhanced support for Québec startups in the health care field
- La Piscine - Zù: Entrepreneurial support and services for the cultural and creative industry
- Group 3737: Consolidation and enhancement of the 3737 ecosystem for entrepreneurs with a focus on diversity
- Polytechnique: Emergence of technology companies connected to the ecosystem - clean technologies and cybersecurity
- GamePlay Space: Support, adaptation and growth for projects related to video game startups
- Institute for Entrepreneurship National Bank - HEC Montréal: “Gateways” initiative for impact and digital entrepreneurship
- Campus des technologies de la sante (CTS): Program for accelerating innovative digital health firms (MEDx)
- L’Esplanade: Accelerating Québec start-ups with social, environmental and territorial impact
This financial assistance is part of the measures announced by Montréal, intended to stimulate the city’s economy, which has been hard hit by the pandemic. It also aims to capitalize on Montréal’s creative wealth and reputation as an innovation hub.