2022-02-04
Overview: The State of the Montreal Startup Ecosystem – 2019 Edition

Overview: The State of the Montreal Startup Ecosystem – 2019 Edition

by Startup Montréal
10 September 2019

Following the success of the State of the Montreal Startup Ecosystem event in Montreal in 2018, the Bonjour Startup Montréal team invited members of the startup community to reflect on our ecosystem’s future for a 2nd edition, held during Startupfest 2019. Two themes were discussed this year: local connections and international connectivity. Thanks to this event, Bonjour Startup Montréal will be able to put in place various strategies to better position Montreal as one of the world’s top ecosystems.

To explore the complete report, download the PDF version.

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Entrepreneurship – and in particular startups – is now recognized as a key component of the city’s economic and social growth. In the last few years, major investments have been announced by the government, including towards the Scale.AI supercluster, the PME Montréal organization and various startup support organizations. On the other hand, in a context of globalization, where mobility is an increasingly popular trend, we face several major challenges when competing with ecosystems like those of London, Stockholm or Tel Aviv.

“[Our success] relies on the convergence of all the actors of the environment to further the development of our economy.”
– Véronique Doucet, Director of the Economic Development Department, Ville de Montréal

To explore the complete report, download the PDF version

It takes a whole village to help build a startup that will eventually become an established company, with a potential to support Montreal in shining internationally. The success of our ecosystem depends on the will of all actors to collaborate for the benefit of our startups and our economy as a whole.

“If you want great impact, you need great resources.”
– Sylvain Carle, Associate, Real Ventures

To explore the complete report, download the PDF version