Montreal, November 12, 2024 – Zú is proud to be one of 13 non-profit organizations (NPOs) to receive a total of $16M in financial assistance from CED for the next four years (2024‑2028).

The financial support granted to Zú by the Government of Canada, with a non-repayable contribution of $800,000 from CED, highlights the importance of incubators and accelerators in the creation and growth of innovative start-ups in Quebec, and Zú’s role as an incubator-accelerator of excellence for the creative industries.

« Thanks to this support from CED, Zú will be able to expand its reach among startups developing technologies with the potential to transform the creative and entertainment industries, making its services more accessible throughout Quebec and strengthen synergies within the ecosystem. We look forward to working even more closely with regional players and extending our reach to all regions of Quebec ».

– Dimitri Gourdin, CEO of Zú

“Our government has always been committed to boosting regional economic development through innovation. That is why I am delighted with this new support from CED for Zú and 12 other Quebec organizations offering incubation and acceleration services. Initiatives such as this one generate major economic spin-offs in the different regions and have a direct impact on communities, while also focusing on a greener economy. Emerging businesses are key assets in building an economy that is stronger, more resilient, more sustainable and more inclusive. By mobilizing together, we will enable them to reach their full potential.”

-The Honourable Soraya Martinez Ferrada, Member of Parliament for Hochelaga, Minister of Tourism and Minister responsible for CED

Zú is pleased to stand alongside 2 Degrés, l’ACET (Accélérateur de création d’entreprises technologiques), le CEIM (Centre d’entreprises et d’innovation de Montréal), Centech, le CQIB (Centre québécois d’innovation en biotechnologie), CTS – Catalyseur technologie santé, Cycle Momentum, Espace-inc, Esplanade Québec, LE CAMP, MT Lab, and Québec Tech, who will also benefit from CED financial support to better meet the needs of these young Quebec companies.

Read the official press release : https://www.canada.ca/en/economic-development-quebec-regions/news/2024/11/government-of-canada-invests-in-development-of-innovative-start-ups-with-support-for-quebecs-incubators-and-accelerators.html