Quebec International unveiled today the names of the finalists for the third edition of Devtech 50, Quebec’s leading technology entrepreneurship competition. The jury, made up of Dominique Brown (Chocolats Favoris), Sean Brownlee (Rho Capital), James Eaves (Startup Fuze) and Étienne Drouin (Business Development Bank of Canada/BDC) short-listed 11 companies out of 32 applicants.
Over the next few weeks, these 11 companies will take part in a high-level training program and will receive personalized assistance from a series of experienced experts. They will then be asked to present their business projects to the jury during the grand finale of Devtech 50, which will be held on November 21 at Espace 400e Bell in Quebec City. The finalists and three winners will be honoured at the finale. Prizes and services valued at more than $180,000 will be awarded.
“We are proud to have sparked interest across the province of Quebec with this high-level competition, which aims to stimulate entrepreneurship in the technology sector. Ever since the inaugural edition of Devtech 50 in 2009, we’ve wanted to turn it into a major competition along the lines of major entrepreneurial contests such as MIT’s 100K and the University of Waterloo’s LaunchPad 50K. The presence of entrepreneurs from so many different regions of Quebec among the finalists confirms that the innovative initiatives promoted by Quebec International are once again helping to position the Quebec City region on the cutting edge of support for entrepreneurship,” said Carl Viel, president and CEO of Quebec International.
The third edition of Devtech 50 is made possible thanks to the support of numerous partners, including our “gold” partner, the Business Development Bank of Canada (BDC), and our three “silver” partners, the Quebec City CLD, Deloitte and Teralys Capital.
Devtech 50 is an entrepreneurial competition geared towards technology firms in the pre-marketing or marketing phases with annual revenues of less than $250,000. Centred on a high-level training and assistance program, Devtech 50 seeks to help the finalists grow their business operations in the new technology sector.
Quebec International contributes to regional economic development and promotes Quebec City’s international standing. As the region’s pre-eminent economic development agency, QI fosters business growth, supports key economic clusters and attracts talent and investment. For further information, please visit www.quebecinternational.ca.