Montreal \u2013 March 25, 2025 \u2013<\/strong> On the occasion of the release of the Government of Quebec\u2019s 2025\u20132026 Budget, the Association pour le D\u00e9veloppement de la Recherche et de l\u2019Innovation du Qu\u00e9bec (ADRIQ) congratulates the Government of Quebec for a budget that responds to U.S. tariff threats by focusing on innovation-driven measures and market diversification for Quebec SMEs.<\/p>\n\n\n\n \u201cThrough this budget, the government takes a clear-eyed look at Quebec\u2019s innovation challenges and provides an encouraging response so that SMEs can rely on an effective innovation ecosystem and a competitive business environment,\u201d stated Nancy D\u00e9ziel, Chair of the ADRIQ Board of Directors.<\/p>\n<\/blockquote>\n\n\n\n ADRIQ welcomes the $5.4 billion in investments to stimulate wealth creation, including $604 million over five years to increase companies\u2019 capacity to innovate. ADRIQ wishes to highlight several measures, many of which align with its pre-budget submission:<\/p>\n\n\n\n \u201cADRIQ is pleased to see that several of its recommendations have been taken into account in this budget. Increased support for innovation and research is essential to ensure the competitiveness of Quebec businesses on the international stage,\u201d stated Fr\u00e9d\u00e9ric Alberro, President and CEO of ADRIQ.<\/p>\n<\/blockquote>\n\n\n\n ADRIQ also welcomes the emphasis placed on SMEs and young companies with the creation of a new $200 million fund to support investment and the commercialization of young companies\u2019 innovations, as well as $42.3 million over three years to implement the 2025\u20132028 SME Plan, which is based on an integrated vision of the main actions of the Government of Quebec and its local and regional partners in supporting SMEs.<\/p>\n\n\n\n In light of the implementation of these measures, ADRIQ encourages the government to make programs available to young companies and SMEs that allow them to access support from expert advisors specialized in innovation. Quebec should leverage the diversity of players within the Quebec innovation ecosystem, such as ADRIQ-accredited innovation advisors, research centers, college centres for technology transfer (CCTTs), and industrial research sectoral groups (RSRIs).<\/p>\n\n\n\n Moreover, ADRIQ reiterates the importance of:<\/p>\n\n\n\n Finally, as Quebec faces challenges arising from changes in its trade and diplomatic relationship with the U.S. administration, the President and CEO of ADRIQ wishes to reiterate the association\u2019s full collaboration to double down on efforts\u2014together with its many partners and its forty accredited innovation advisors\u2014to promote a culture of innovation within SMEs, encourage the sharing of best practices and expertise in research and innovation, and support Quebec SMEs in their innovation projects, including digital transformation.<\/p>\n\n\n\n Since 1978, ADRIQ has brought together Quebec organizations and businesses that share a common goal of making Quebec more innovative. Its mission is to support and promote research and innovation in order to raise the competitiveness and productivity of Quebec businesses. The association draws its strength from the commitment of its members, its 44 innovation advisors, and its vast network of more than 7,000 people engaged throughout the innovation cycle. Through its values of collaboration and partnership, ADRIQ offers support programs and activities that foster the sharing of knowledge and innovation expertise among Quebec businesses, while celebrating excellence and promoting technoscientific careers.<\/p>\n\n\n\n Marilyn R\u00e9millard\n
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\n\n\n\nAbout ADRIQ<\/strong><\/h2>\n\n\n\n
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Director \u2013 Communications and Events
Cell: 514-248-2760
marilyn.remillard@adriq.com<\/a><\/p>\n\n\n\n