Quebec 2015 Entrepreneurial Index: “Entrepreneurship: is it the same everywhere in Quebec?”

April 30, 2015

Fondation de l’entrepreneurship, in association with Caisse de dépôt et placement du Québec, released today the results of the biggest study to date on entrepreneurs in the province: Indice entrepreneurial québécois 2015. Carried out in partnership with Institut d’entrepreneuriat Banque Nationale | HEC Montréal, the 2015 edition—Entreprendre : partout pareil au Québec?—examines the entrepreneurial potential of Quebecers depending on the regional, urban or rural particularities of the province.

Here are a few highlights of the study:

• Residents of villages and small towns in Quebec are more determined to get involved in enterprises.
• Business takeover (succession/buyout) is the preferred way to enter business in rural areas.
• In Quebec, coming from a family with a business doubles one’s chances of wanting to be an entrepreneur.
• A majority of Quebecers want to set up business where they live.
• In Quebec, launching a business is more driven by a wish for personal accomplishment and independence than the need to survive or get out of precariousness.
• There is a slight increase over 2014 in both the intention and efforts made to launch a business, primarily attributable to the dynamism of the 18-34 age group.
• The significant potential of immigrants in the entrepreneurial chain is confirmed (mostly in large cities).

For more information as well as methodology, please download the report free of charge (in French only).