Thirteen non-profit organizations (NPOs) receive a total of $16M in financial assistance from CED for the next four years (2024‑2028).
Supporting organizations, including business incubators and accelerators, play a key role in creating and developing innovative start-ups in Quebec. They assist these businesses through all stages of their development and act as drivers of innovation enabling them to generate concrete economic impacts across Quebec.
That is why the Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, today announced $16M in non-repayable contributions for 13 organizations selected following a call for proposals.
CED is thereby renewing its funding approach to ensure the success of start-ups in Quebec's different regions, whether they be in technology or the result of efforts to innovate, including impact businesses. To better meet the needs of these Quebec start-ups, 2 Degrés, ACET (Accélérateur de création d'entreprises technologiques), CEIM (Centre d'entreprises et d'innovation de Montréal), Centech, CQIB (Quebec Biotechnology Innovation Centre), CTS - Catalyseur technologie santé, Cycle Momentum, Espace-Inc, Esplanade Québec, LE CAMP, MT Lab, Québec Tech and Zú will receive funding from CED.
By boosting these Quebec organizations offering incubation and acceleration services, CED aims to maximize the scope of its support by fostering concrete impacts in all regions, including by strengthening networking in the ecosystem and by improving access to services for innovative businesses starting up across Quebec. The chosen organizations have also committed to working with other regional players to meet local needs.
