Assessment of the economic impact of the Quebec venture capital and development capital industry

September 2024

Réseau Capital and its Investment Capital Expertise Center reveal a new study on the economic footprint of venture capital and development capital in Quebec. This groundbreaking study, conducted by EY, demonstrates the significant impact of this industry on the Quebec economy and the performance of the 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 these funds on revenue growth, productivity, and research and development investments of beneficiary companies.

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

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

 

 

To access the report, click on the following link :

Full Report