Francine Drolet

Innovatech Québec et Chaudière-Appalaches invests in emerging technology-intensive companies in information technology, telecommunications, biotechnology and advanced applied technologies sectors. They invest in both private and public companies. Innovatech invests in innovative technology projects from the research and development stage to first round financing and subsequent rounds. Investments range up to $5 million per company. Seed stage investments to transfer research results range up to $250,000. First round investments range from $250,000 to $2.5 million. Investments in subsequent rounds may range up to $5 million. Investments are structured as participating shares, convertible debentures and nonconvertible debt.