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    Montreal Startup Funding

    Montreal is a global AI powerhouse and gaming capital with the lowest operating costs among major North American tech hubs. Strong French-English bilingual talent and generous Quebec tax credits make it incredibly attractive for tech startups.

    $3.2B+
    Ecosystem Size
    4,500+
    Active Startups
    $950K
    Average Funding
    6
    Unicorn Companies

    Why Start Up in Montreal?

    Key Strengths

    • World-leading AI research (MILA, Element AI alumni)
    • Gaming industry capital of Canada (Ubisoft)
    • Lowest operational costs in North America
    • Generous Quebec tax credits (up to 50%)
    • Bilingual talent pool (French/English)
    • Strong aerospace and advanced manufacturing

    Top Industries

    Artificial Intelligence & Deep Learning
    Gaming & Entertainment
    Aerospace & Advanced Manufacturing
    Fintech
    Visual Effects & Animation
    Healthtech & Life Sciences

    Montreal Funding Programs

    Government grants, tax credits, and local programs available to Montreal startups

    Quebec SR&ED Tax Credit

    14-30% provincial + 35% federal

    Provincial credit combining with federal for up to 50% total

    Investissement Québec

    Up to $5M

    Financial support for innovative companies

    Montreal International

    Soft landing services + grants

    Support for foreign startups relocating to Montreal

    E-Business Tax Credit

    Up to 24% refundable credit

    Quebec tax credit for e-commerce and online businesses

    Montreal Accelerators & Incubators

    Programs that provide funding, mentorship, and resources to help your startup grow

    FounderFuel

    B2B SaaS and marketplaces

    Up to $200K + mentorship

    NEXT AI

    AI-focused startups

    Education + investor access

    District 3 Innovation Center

    Tech and social innovation

    Resources + mentorship

    Centech

    Deep tech and hardware

    Up to $100K + facilities

    Active Investors in Montreal

    VCs, angels, and investment firms actively funding Montreal startups

    Real Ventures

    VC Fund

    Seed-stage tech companies

    iNovia Capital

    VC Fund

    Early to growth-stage tech

    Anges Québec

    Angel Network

    Early-stage startups

    Desjardins Capital

    VC Fund

    Quebec-based companies

    Brightspark Ventures

    VC Fund

    Enterprise software, AI

    Montreal Success Stories

    Inspiring companies that started and scaled from Montreal

    Lightspeed

    Retail/Commerce Platform

    Publicly traded, $3B+ market cap

    Behaviour Interactive

    Gaming

    Dead by Daylight, 50M+ players

    Element AI

    Artificial Intelligence

    Acquired by ServiceNow for $500M+

    Frank And Oak

    E-commerce Fashion

    Sustainable fashion pioneer, $100M+ revenue

    Montreal Startup Resources

    Coworking Spaces

    • WeWork Montreal
    • Notman House
    • Station F Montreal
    • Le Centech
    • District 3

    Universities

    • McGill University
    • Université de Montréal
    • Concordia University
    • École de technologie supérieure (ÉTS)
    • HEC Montréal

    Key Events

    • C2 Montreal
    • Montreal Startup Festival
    • AI & ML Summit
    • Montreal International Game Summit
    • Web à Québec

    Start with a little clarity

    Useful tools. Free to explore.

    Assess eligibility, prepare your records, and estimate credits. No signup required.

    SR&ED eligibility quiz

    See if your project may qualify.

    Explore tool

    T661 checklist

    Prepare each section of your form.

    Explore tool

    R&D credit calculator

    Estimate federal and provincial credits.

    Explore tool

    Grant finder

    Explore Canadian funding programs.

    Explore tool

    Ready to Fund Your Montreal Startup?

    Access SR&ED tax credits, local grants, and connect with Montreal's investor community

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    • SR&ED eligibility quiz
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    SR&ED across Canada

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    • British Columbia
    • Alberta
    • Quebec
    • Saskatchewan
    • Manitoba
    • Toronto
    • Vancouver
    • Calgary
    • Montreal
    • Ottawa
    • Edmonton

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