THE ECOSYSTEM
The Ecosystem in Numbers
Startups that are connected to the community grow faster and have the potential to achieve more significant exits.
startups
2500
Estimate of the number of startups in Quebec
Entrepreneurship is the top career choice among the three major age groups in Quebec’s workforce (Entrepreneurship Index, 2020)
Source: Overview Report, 2020
84%
In Quebec, about 84% of startups have 9 or fewer employees, and half of those have 3 or fewer employees.
Source: Overview Report, 2020
69%
69% of the startups surveyed that are based outside Montreal must recruit outside their region.
Source: Report on Talent Challenges as Experienced by Quebec Startups, 2023
47%
47% of the startups surveyed in the Montreal area have to recruit outside their region.
Source: Report on Talent Challenges as Experienced by Quebec Startups, 2023
1,881 companies
In Quebec, of the 1,881 companies supported by 67 support organizations in 2019, 24% were co-founded by at least one woman.
Source: Overview Report, 2020