Commercial Innovation Complexes (CIC)

On December 7th, 2018, the City of Montreal granted financial support to the NEOMED Institute for the implementation of the first CIC in life sciences and health technologies (LSHT). As part of its new 2018-2022 Economic Development Strategy Accélérer Montréal, the City of Montreal plans to set up CICs on its territory in order to improve the ecosystem of business sectors related to the orientations of its strategy.

CIC’s primary mission will be to facilitate the development and integration of innovative technologies, processes and approaches at all levels of the organization and at all stages of the corporate lifecycle, most notably at the growth stage. One of the objectives is to increase the productivity of companies so that they become more efficient and more competitive in the global market.

Among the targeted sectors of activity, in addition to LSHT, there are industry 4.0, bio-food, transportation and mobility related to artificial intelligence, and clean technologies.  For more information, please visit: http://ville.montreal.qc.ca/affaires.