MT Lab plans to host its first cohort of approximately 8 to 10 start-ups in various fields: technology, digital technology, artificial intelligence, fintech, virtual/augmented reality, new services, linked objects, usage innovation, collaborative and sustainable economy, etc.
MT Lab will be located at UQAM, in the heart of the entertainment district, in the Pierre-Dansereau Science Complex. The incubator will offer start-ups a set of services, including conference areas, an open space for coworking with open access and mentoring.
“A fine example of a university contribution to the vitality of its community, MT Lab will make the advanced expertise of UQAM and its School of Management available to start-ups, to foster innovation in key sectors of the Montréal economy,” said Robert Proulx, Rector of UQAM.
MT Lab is financed in part by a $200,000 from the City of Montreal, originating from the Fonds de développement des territoires, a program of the Ministère des Affaires municipales et de l’Occupation du territoire.
“Montréal is a catalyst for entrepreneurial strengths, and the start-up ecosystem makes a significant contribution to the city’s economic activity,” according to Montréal Mayor Denis Coderre.”The incubator is part of our development strategy for an increasingly innovative and successful metropolis,”
“MT Lab will undoubtedly contribute to the reinvention of our offer with a view to positioning Montréal at the top of the list of cities to visit,” said Yves Lalumière, president and CEO of Tourisme Montréal.
The start-ups supported by MT Lab will benefit from an environment dedicated to entrepreneurship as well as tourism and innovation observatories, in addition to privileged access to the business networks of several incubator partners, who will be announced shortly.
MT Lab is a private not-for-profit organization that can draw on a top-level Board of Directors to achieve its ambitious objectives. Pierre Bellerose, vice President, Public Relations, Research and Product Development of Tourisme Montréal, is Chair of the Board, and his experience will serve MT lab well.
The call for applications from young businesses is currently underway and will run until May 5th for a period of one year.