Capital Intelligent Mtl to invest $100 mln in Montréal's startups

The city of Montréal and the Québec government have partnered with private investors to form a new group focused on Montréal's innovative startups. Capital Intelligent Mtl will draw on $100 million made available by 23 venture capital firms, financial institutions and corporations. It will target financings to the local adoption of digital technologies and the development of innovative projects. The new group's founding members include Québecor, Fonds de solidarité FTQ, Fondaction CSN, Caisse de dépôt et placement du Québec, BDC Capital, Desjardins Entreprises and Teralys Capital.

10 June 2016•4 mins read
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