Partnership to help incubate and grow McGill-based start-ups

Montreal, QC – The Centre d’entreprises et d’innovation de Montréal (CEIM) has received funding of $6.2 million over the next five years from the federal government to support a partnership with McGill University that will provide McGill student and faculty entrepreneurs with access to expertise and resources to incubate and grow start-ups.

The CEIM/McGill partnership, forged through Montreal’s Quartier de l’innovation (QI), will allow innovators at McGill to gain access to coaching and consultation in various aspects of the commercialization process, including strategic planning, raising capital, identifying laboratory or production facilities, structuring legal and financial agreements, developing intellectual property and initiating domestic and international sales.

“Our partnership with McGill University will enable us to combine our efforts and resources to commercialize world-class technologies,” said Hélène Desmarais, chairman of the board and CEO of CEIM.

“We thank the Canadian government for their support of this partnership which will help to bring innovative ideas to the marketplace,” said Suzanne Fortier, McGill principal. “One of our goals is to encourage innovation and entrepreneurship on campus, linking McGill teams with appropriate partners to transform innovative breakthroughs into solutions benefitting the local, national, and global communities.”