News Summary

Montréal-based incubator-accelerator Centech has received $4.5 million in funding from the Québec government to support early-stage startups in deep tech and medtech sectors. The funding, part of the Ministry of Economy, Innovation, and Energy’s innovation strategy, aims to help startups transition from research to commercialization. Centech, located at École de technologie supérieure, offers programs like the Acceleration Program and the Propulsion Program to aid startup growth. This investment is expected to enhance Québec’s tech ecosystem by creating jobs and supporting high-potential innovation projects. Centech will also open a new office at Ax-C, an innovation hub in Montréal, backed by partners like Bell and Google.