In its September 2023 issue, the American magazine publishes site selection, presented its top 20 best local and regional economic development organizations in Canada. For the third consecutive year, the Sherbrooke Innopole name appears in this very limited ranking. This is also his fourth nomination.

palmares Canada’s Best Locations 2023 from Site Choice

This ranking is based in particular on private sector investment and job creation. The data comes from the Conway Analytics database. Sherbrooke, said the magazine’s editor Site Choice , Adam Bruns. “It is clear from these results that business leaders, particularly in technology and life sciences, are recognizing the same qualities and investing accordingly,” he added.

For Sylvain Durocher, General Manager of Sherbrooke Innopole, this news can only be positive. “It is once again a great honor for our team to be among Canada’s frontrunners in economic development, especially as this is Sherbrooke Innopole’s fourth nomination by the magazine since 2018. Although Sherbrooke is sixth^e We are one of the largest cities in Quebec in terms of population and one of the largest cities in terms of our economic development. This award undoubtedly underscores the fact that Sherbrooke is the leading regional city in Quebec. »

The projects selected by Site Choice

The Quantum Innovation Zone, the first Sherbrooke Video Game Week – including a 2^e The edition took place in 2024 and the Sherbrooke International program’s support of 12 companies to grow outside of Quebec caught the attention of Site Choice.

The economic benefits

The American magazine article noted the financial results, specifically the economic returns of more than $56.5 million from 12 seed, pre-commercialization, start-up, innovation or growth projects. These 12 projects resulted in the creation or consolidation of 436 jobs in Sherbrooke. Other projects carried out were mentioned, including those of DE LA FONTAINE, General Dynamics Mission Systems, Pasqal and Soucy Techno.

Montreal International and Quebec International are also among those top 20. Sherbrooke Innopole is “the only organization outside of major cities to have been recognized three years in a row, and it has been for at least ten years.” Étienne Villeneuve, President of Sherbrooke Innopole, made a point of emphasizing this to highlight the work of each individual member of the organization. “Sherbrooke Innopole’s greatest strength lies in the excellence of the members that make up the team. They are dedicated professionals dedicated to providing entrepreneurs with the right tools, often specific to their field of activity. Our primary goal is to respond effectively to the strategic needs and challenges of industrial and technology companies and continue to inspire innovation in Sherbrooke.”

“The excellence of Sherbrooke Innopole is once again internationally recognized and this is a well-deserved distinction. I applaud the work of the Sherbrooke Innopole staff who work every day to develop our city’s economy into niches of the future. »

– Évelyne Beaudin, Mayor of Sherbrooke