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Putting innovation at the heart of Saint-Laurent's economic recovery

11 November 2020

As Quebec's Minister of Economy and Innovation, Pierre Fitzgibbon, mentioned this week, the Quebec government will soon give the green light to innovation zone projects. 

 

The creation of world-class innovation zones is intended to increase the commercialization of innovations, exports, local and foreign investment and business productivity.

The innovation zones will attract talent, entrepreneurs, major contractors and researchers from Québec and elsewhere to specific geographic areas.

 

Various socio-economic actors will be involved:

  • Businesses;
  • Economic organizations;
  • Research and educational institutions;
  • Municipalities.

 

They will collaborate on innovation projects in future technology sectors in which Québec has significant comparative advantages.

In addition to being home to industrial, entrepreneurial, knowledge-based, connected and collaborative activities, the innovation zones will rely on a diversified environment conducive to quality of life and well-being.

Stimulate Manufacturing 4.0 and Aerospace

The purpose of allocating an innovation zone is to increase marketing, exports, local and foreign investment, as well as the productivity of companies in a given area, while contributing significantly to improving the quality of life of workers and residents.

Visionary and proactive, Développement économique Saint-Laurent has been working since last June to define a large-scale Zone d’Innovation Saint-Laurent (ZISTL) in which two promising sectors will be prioritized:

  1. Manufacturing 4.0
  2. Aerospace

 

Great synergies for the Saint-Laurent’s ecosystem

Various assets play in Saint-Laurent's favor: connectivity and advanced mobility (REM, airport, metro, etc.), the rapprochement between the aerospace and innovative manufacturing sectors, the electric and intelligent vehicle, AI, cybersecurity, as well as the sustainable development already present on our territory.

 

Join the ZISTL initiative

DESTL is working to finalize the submission of its project by bringing together the various initiatives of its ecosystem. Several meetings with companies and partners are currently underway or in the process of being held. 

We sincerely hope to create synergy between all the public and private players in this large-scale project for Montreal.

For more information or to join our initiative, contact our Economic Development Commissioner in charge of the project, Luc Duguay: luc.duguay@destl.ca.

 

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