Fundraising FoxCanada Economic Development for Quebec Regions
Government fundMontreal · Seed–Series A · 1 people tracked
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Investment thesis
DEC is a federal government agency supporting regional economic development across Quebec. It delivers funding programs and advisory services to SMEs and not-for-profit organizations, focusing on innovation-driven growth, community infrastructure, and economic diversification. Program areas include regional economic growth through innovation, artificial intelligence adoption, quantum technology commercialization, defense supply-chain integration, residential construction innovation, social economy, official-language minority communities, northern isolated communities' food systems, festivals, and tariff-response support for manufacturers. Its mandate emphasizes strengthening communities, boosting regional competitiveness, and helping enterprises seize development and diversification opportunities throughout the province.
Source: firm website, verified Aug 3, 2026.
Team · 1 people
from the firm's website
The Honourable Mélanie Joly serves as Minister of Industry and the minister responsible for Canada Economic Development for Quebec Regions.
What they invest in
from 3 of 3 portfolio companiesAdvanced Manufacturing ×1Circular Economy ×1Cleantech ×1Defense Tech ×1E-commerce ×1Future of Work ×1Hardware ×1Marketplaces ×1
HQs:Canada×1Kazakhstan×1
Investments · 3 tracked
founders shown can be your intro pathBOSK Bioproducts develops, manufactures, and distributes biobased, compostable, food-contact certified PHA-based compounds and finished products under the REGEN™ brand as an alternative to petrochemical plastics.
Circular EconomyCleantechNew Materials
Co-investorsInnovative Solutions Canada
Groupe Meloche is a Quebec-based company in the aerospace supply chain that manufactures precision components and is expanding through acquisitions such as Groupe Rossi Aéro.
Advanced ManufacturingDefense TechHardwareBrossard, CA
Co-investorsNovacap
Squares is a marketplace for booking short-term spaces such as lofts, photo studios, rooftops and villas, with each listing personally vetted by local scouts.
E-commerceFuture of WorkMarketplacesPropTechAlmaty, KZ
Daniil MatskevichKassym Kabylgali(Founder)in
Co-investors500 GlobalInvestissement QuebecSiddhi Capital
Frequently asked questions
- What stage does Canada Economic Development for Quebec Regions invest at?
- Canada Economic Development for Quebec Regions invests at the Seed, Series A stages.
- What sectors does Canada Economic Development for Quebec Regions focus on?
- Canada Economic Development for Quebec Regions focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Construction Tech, Defense Tech, FoodTech, Impact & Social Good, Quantum Computing.
- Where is Canada Economic Development for Quebec Regions located?
- Canada Economic Development for Quebec Regions is headquartered in Montreal, CA.
Images
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