NEWS - Quebec Tech’s plan to help tomorrow’s Quebec Inc.

Québec Tech's plan to help tomorrow's Quebec Inc., and Lime Santé is part of it (La Presse)

Original article link: https://www.lapresse.ca/affaires/entreprises/2024-11-20/stade-v/le-plan-de-quebec-tech-pour-aider-le-quebec-inc-de-demain.php

Our summary of what you'll find there:

In this article, Alain McKenna explains that Québec Tech wants to fill a well-known “no man's land”: these young companies are already in the market, with a few million in revenue, but not yet big enough to easily access certain levers (and networks) designed for more advanced companies. With its Stade V program, the organization aims to support up to 15 companies each year to help them reach, in about five years, the $10 million revenue mark, relying mainly on exports.

In this context, Lime Santé is mentioned among the first five companies selected for the initial cohort. The article places it alongside BioIntelligence Technologies, Ferreol Technologies, flovver and Maket, a group that reflects the diversity of Quebec's tech sector (AI, health, fintech, materials, etc.). For Lime Santé, the mention mainly serves to position it as a young company that is already mature enough to move into “acceleration” mode, and as an example of a tech SME that Québec Tech wants to propel faster toward growth and international expansion.

The piece then broadens to Québec Tech's vision: the organization, born in the wake of Startup Montréal, wants to help bring more scale-ups into existence and, eventually, future “flagships” capable of far surpassing $10 million in revenue. The idea is not so much to provide funding, but to offer the kind of support that is often missing at this stage (networking, business strategy, export preparation), with the ambition of strengthening Quebec's entrepreneurial pipeline.