Montréal Backs Québec Tech: $175,000 to Target Global Markets
Montreal, August 7, 2025 – As part of its strategy to achieve economic autonomy in response to trade tensions with the United States, the City of Montreal is granting $175,000 to Québec Tech to enhance its internationalization support services. This announcement was made during a press conference at Ax.c in the presence of municipal officials and economic partners.
This funding is part of a $1.35 million envelope deployed by the City to support seven strategic initiatives, several of which aim to diversify markets for Montreal-based SMEs
Targeted support to strengthen the export capacity of tech startups
With this contribution, Québec Tech will be able to support 18 high-potential emerging Montreal tech companies, notably by:
- defining strong internationalization strategies (through the Stade Vo service – an agile, free, and equity-free service designed to guide selected startups toward global markets), and
- financing their participation in targeted trade missions.
A direct response to trade tensions
“In a shifting international context, equipping companies to diversify and grow is no longer a luxury — it’s a necessity. This contribution from the City of Montreal will enable us to strengthen our support for startups by opening new doors to strategic markets.”
— Richard Chénier, Executive Director of Québec Tech
“By collaborating with Québec Tech, we’re leveraging the expertise and networks of Montreal’s tech ecosystem in service of the city’s economic resilience.”
— Luc Rabouin, Member of the Executive Committee of the City of Montreal, Responsible for Economic Development
Collective mobilization for economic resilience
The support for Québec Tech is part of a broader $1.35 million envelope invested by the City to fund seven complementary projects, led notably by the Montreal World Trade Centre, Mmode, PME MTL, and other stakeholders committed to reinforcing export capacity, commercial resilience, and local sourcing for Montreal-based businesses.