Réseau Capital and its Center of Expertise reveal a new study on the economic footprint of venture capital and growth capital in Quebec. This unprecedented study, conducted by the firm EY, demonstrates the considerable impact of this industry on the Quebec economy and the performance of supported companies.

From 2013 to 2023, more than 3,000 companies received nearly $90 billion in investments, contributing $45 billion to Quebec’s GDP in 2022, while creating or maintaining 520,000 jobs. The study also highlights the direct effect of this funding on the revenue growth, productivity, and research and development investments of beneficiary companies.

The report also emphasizes the crucial role of private capital in strategic sectors such as clean technologies, inclusion, and innovation, affirming its importance in Quebec’s economic transformation.

Download the full report to discover all the details of this essential study and understand how private equity plays a key role in the growth and modernization of Quebec’s economy.