Tuesday, 12 June 2018

Centech starts a specialized program for aerospace technologies



Montreal, June 12, 2018. For immediate release. Richard Chénier, CEO of CENTECH, and François Chopard, CEO of STARBURST, are proud to announce the creation of the very first entrepreneurial cohort dedicated to aerospace technologies. This new program is the result of a partnership agreement between Centech, one of the world’s best accelerators for startup technology companies, and Starburst S.A., the first world-class accelerator specialized in aeronautics.

“We want to capitalize on Montreal’s potential for creation and support of startups,” emphasized François Chopard, president of Starburst S.A. “Our partnership with CENTECH will provide us rapid access to the entire Montreal and Canadian ecosystem.”

Concretely, the partnership agreement with Starburst will provide these aerospace entrepreneurs access to a pool of experts and a unique world network: “With the creation of a cohort dedicated to aerospace technologies, we are responding to a strong demand in the Montreal market. Currently, the aeronautics sector is the third largest in Canada. Many startup companies at Centech are in this activity sphere,” explained Richard Chénier, Centech CEO.

Whether it is the university research chairs, Aéro Montréal - Québec’s aerospace cluster, company heads or successful entrepreneurs in the field, a true spirit of collaboration exists among the major Montreal technological and aerospace players. All this ensures world-class support of the development of young companies. “Emerging technologies developed here by high-level technological entrepreneurs will consolidate Montreal’s role as a world hub of aerospace innovation,” underlined Suzanne Benoît CEO of Aéro Montréal.

“Given the important support offered by the the Consortium de recherche et d’innovation en aérospatiale in Québec, this new program has concretized our vision of bringing together under one roof a concentration of the best startups in the field,” added Denis Faubert, CEO of CRIAQ. “We will be developing a true community of expertise in this field, here in Montreal.”

Any entrepreneur interested in joining this new cohort can do so by August 3, by applying through

About the CENTECH-Starburst Acceleration Program
Lasting 12 weeks, the Program lets selected companies benefit from a rigorous structure that will allow them to verify and measure the commercial potential of projects, lay the groundwork for a solid business model and understand the different dimensions that go into a successful business. A syllabus customized to provide a deep understanding of the specific issues related to this industry will also be provided. Starburst will create a seed capital fund to support the best companies in the Program.

Created in 1996 by the École de Technologie Supérieure, and located in the heart of Montreal’s Quartier de l’innovation, CENTECH is a startup company launcher dedicated to technological tools and other advanced technologies with high growth potential. Thanks to its two programs—Acceleration and Propulsion—CENTECH acts as a veritable growth machine, thereby creating one of the greatest high-level tech entrepreneurial densities in Canada.

About Starburst
Starburst is the first world-class accelerator specialized in Aeronautics, Space and Defence. Starburst provides a gateway for the major players in the sector to a new source of innovation and development of cutting-edge technologies. This means the accelerator helps a worldwide ecosystem of young, solid fledglings, who have developed a technological innovation, to obtain their first major contracts in aeronautics and their A series funding. Starburst has six offices around the world: in Paris, Los Angeles, Munich, Singapore, Montreal and San Francisco. The Starburst ecosystem accelerates startups through a network of industrial partners in the sector (Thales, Safran, Boeing, Raytheon, Northrop Grumman, BAE Systems, IAI, CNES, and many others), as well as with airline companies (Lufthansa, United) and investment funds.