Québec International (QI) warmly welcomes the announcement made by Dominique Anglade, Minister of the Economy, Science and Innovation and Minister Responsible for Digital Strategy; Carlos J. Leitão, Minister of Finance, Minister Responsible for Government Administration and Ongoing Program Review and Treasury Board Chair; François Blais, Minister of Employment and Social Solidarity and Minister Responsible for the Quebec City Region; and Régis Labeaume, Mayor of Quebec City, confirming that the InnovExport Fund will be a major driver for innovative companies aiming for export markets.
This new $30 million technology seed fund was created in partnership with the CDPQ, the FTQ Solidarity Fund, Fondaction, the City of Quebec and a group of private investors.
Expressing pride that the Government of Quebec and the InnovExport Fund partners have placed their trust in Québec International and LE CAMP, its technology incubator/accelerator, QI's CEO, Carl Viel, welcomed the creation of the InnovExport Fund in Quebec City and confirmed that LE CAMP would be helping to promote the Fund's activities with business incubators/accelerators across Quebec, as well as with local tech companies.
"With its regional partners, Québec International is committed to ensuring that innovative companies obtain the support they need to speed their development while laying the groundwork for a sustainable and prosperous economy in the future. Deeply rooted in the entrepreneurial ecosystem, LE CAMP is the ideal place to welcome and promote the InnovExport Fund, which now stands as a key component and central pillar of the regional entrepreneurial ecosystem," said Mr. Viel.
Québec International contributes to regional economic development region and promotes Quebec City's international standing. As the pre-eminent economic development agency, QI fosters business growth, supports key economic clusters and attracts talent and investment. QI also manages LE CAMP, Quebec City's technology incubator/accelerator, which opened for business in March 2015. For further information, please visit www.quebecinternational.ca and www.lecampquebec.com.
As the anchor point for Quebec City's entrepreneurial community, LE CAMP is a vibrant and animated place where ideas grow and business success is born. LE CAMP is an incubator/accelerator that oversees the creation and growth of high-tech companies. Located in the Saint Roch district in the heart of Quebec City, LE CAMP provides access to acceleration/incubation programs and skills development and networking activities, in addition to rental offices and shared workspaces. Québec International will be administering and operating LE CAMP thanks to a $2.1 million five-year investment by the City of Quebec. For further information, please visit www.lecampquebec.com.