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Creative Destruction Lab – Montréal


The Creative Destruction Lab is the country’s largest program for seed-stage science-based businesses with high potential for growth. In five years, this unique initiative has helped more than 100 startups grow, thrive and generate over $1.2 billion in equity value. In addition to CDL-Rotman, the program is now up and running at the Sauder School of Business (UBC), Haskayne School of Business (University of Calgary), Rowe School of Business (Dalhousie) and HEC Montréal.

CDL-Montreal will employ the CDL-Rotman method, which is rooted in an objectives-based mentoring approach led by accomplished entrepreneurs and world-class angel investors, including Michael Cegelski (Director, Passwordbox Inc.) and Daniel Robichaud (serial entrepreneur and angel investor).

The purpose of this specialized program is to develop tech startups and create value, working closely and openly with the existing entrepreneurial ecosystem. CDL-Montreal will concentrate on the data science sector. Selected applicants will benefit from the world-renowned, cutting-edge research developed at Montreal’s Institute for Data Valorization (IVADO) with regard to data science, operational research and artificial intelligence.

The implementation of CDL-Montreal is under the leadership of Executive Education HEC Montréal. The first cohort, focusing on data science ventures, will be operational in December 2017.

The Founding Partners of the Creative Destruction Lab Montreal

About BMO Financial Group

Established in 1817, and currently marking its 200th year of operations, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $709 billion as of July 31, 2017, and more than 45,000 employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.

About rbc

Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have approximately 81,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 35 other countries. For more information, please visit

RBC helps communities prosper, supporting a broad range of community initiatives through donations, community investments and employee volunteer activities. For more information please see:

About Espace CDPQ

An initiative of the Caisse de dépôt et placement du Québec, Espace CDPQ is an investment and development hub uniting partners and collaborators around the same ambition: accelerate the growth and globalization of Québec SMEs. Its goal is to combine the networks, expertise and financial means of the 15 partners in residence at Espace CDPQ to benefit Québec companies. Together, the partners, which include investment firms and organizations specializing in business development and support, represent a network of more than 1,100 businesses of all sizes and from all sectors that offers bridges into over 170 countries.

For more information, visit, follow us on Twitter @espacecdpq or consult our Facebook or LinkedIn.

Startups of the cohort 2017-2018

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