Laval économique

What Laval économique does

Laval Économique is the economic development service of the Ville de Laval (City of Laval), Quebec, Canada, operating as a municipally mandated economic development agency that serves as the single gateway for businesses establishing, operating, or expanding on Laval territory. Founded in 1997 and headquartered at 1333 boulevard Chomedey in Laval, the organization provides free strategic advisory services, financing programs, innovation support, talent attraction, and export assistance to Laval's business community. Its core portfolio spans multiple grant and subsidy programs including Virage techno manufacturier (digital transformation subsidies up to $50K for equipment and $25K for AI development), Virage techno commerce (retail tech adoption), Export+ (50% of eligible expenses up to $10K for non-US export development), Transition durable (sustainability subsidies up to $25K), Fonds entrepreneuriat collectif (collective enterprise support up to $50K), and Fonds créateur d'entreprise (business creation financing). The organization also operates the Terrox AI accelerator, the TEMMRA collaborative innovation methodology spanning six strategic sectors (decarbonized technologies, silver economy, manufacturing, retail, agri-food, sustainable mobility), the Luci scientific wellness platform, and the Talent Laval workforce platform.

The organization's business model is government-funded rather than transactional. All advisory services are provided free of charge to businesses, with operating costs covered by Ville de Laval municipal funding supplemented by co-funding from the Government of Québec (notably $3.6M over five years for TEMMRA and $4.5M over three years for Opération Prospérité Laval) and the Government of Canada. The go-to-market is direct advisory: businesses access services through Laval Économique's offices, website (lavaleconomique.com), newsletter, events, and a network of strategic partners including CCIL, Laval Innov, PRESL, CQIB, Polytechnique Montréal, HEC Montréal, UQAM, IVADO, CIRANO, ÉTS, and CISSS de Laval. In 2025, the organization accompanied over 1,780 Laval businesses, disbursed $3.3M in financial aid that generated $30.3M in territorial investments, and contributed to Laval exceeding $2.2B in total public and private investments for the fifth consecutive year within a regional economy of $24B GDP, 13,654 business establishments, and 166,004 jobs. The organization is led by Directrice Lidia Divry under a 2023-2027 strategic vision titled 'Laval, capitale des opportunités et territoire d'expérimentations.'

Name

Laval économique

Legal name

Laval économique

Website

https://lavaleconomique.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Laval Économique is the municipal economic development agency of the City of Laval, Quebec, providing free strategic advisory, grant programs, AI accelerator services, and export support to over 1,780 businesses annually on Laval territory, funded by municipal, provincial, and federal government sources.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administration of Economic Programs (926), Public Finance Activities (92113)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industries

Economic Growth, Livelihoods & Private Sector Development (BPADAEAE), Infrastructure & Project Finance Facilities (BPADACAG)

Keywords

• Economic development services
• Business financing programs
• Innovation acceleration
• Export assistance
• Talent attraction

Headquarters

HQ city

Laval

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Public funding from Ville de Laval: As a municipal economic development agency, Laval économique is funded by the City of Laval to support local business development, attract investment, and stimulate economic growth on the Laval territory.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Laval économique is the municipal economic development agency of the City of Laval (Ville de Laval) in Quebec, Canada. It delivers free strategic advisory services and administers grant and subsidy financing programs supporting business startups, SME growth, digital and technological transformation, sustainability transitions, international export development, and collective (social economy) entrepreneurship on Laval territory.

Product overview

Laval économique is the economic development service of Ville de Laval offering a portfolio of strategic consulting services and specialized financing programs for businesses at all stages of development. The portfolio includes core programs for manufacturing digital transformation (Virage techno – manufacturier), retail technology adoption (Virage techno – commerce), sustainable business transitions (Transition durable), export market development (Export+), collective entrepreneurship support (Fonds entrepreneuriat collectif), and business creation (Fonds créateur d'entreprise). These programs are complemented by innovation acceleration through TEMMRA (innovation methodology) and the Terrox AI accelerator, plus digital wellness platform Luci and talent attraction platform Talent Laval.

Differentiator

Problem solved

Functional benefit

Brands

• Terrox Accelerator: AI startup accelerator program supporting young enterprises developing artificial intelligence solutions in sectors including HR, marketing, medtech, security, and operations optimization.
• TEMMRA
• Talent Laval

Products and services

• Virage techno – manufacturier
• Virage techno – commerce
• Export+
• Transition durable
• Fonds entrepreneuriat collectif (FEC)
• Fonds créateur d'entreprise
• TEMMRA
• Accélérateur Terrox
• Luci
• Talent Laval

Quantifiable outcome

• 30.3 M$ in territorial investments generated from 3.3 M$ in financial aid
• +2 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered secondary and core.

• Vélo-TransitsecondaryStrategic or Co-development Partner · 30 September 2025Active transport company providing secure and connected bike parking solutions. Partner in secure bike locker pilot project launched September 2025.
• Chambre de commerce et d'industrie de Laval (CCIL)coreStrategic or Co-development PartnerMajor business chamber representing Laval's business community. Strategic partner in economic development initiatives.
• Tourisme LavalsecondaryStrategic or Co-development PartnerRegional tourism promotion organization. Collaborative partner for tourism sector development.
• Pôle régional de l'économie sociale de Laval (PRESL)coreStrategic or Co-development PartnerRegional hub for social economy. Key partner in supporting collective entrepreneurship and social enterprises in Laval.
• Laval InnovcoreStrategic or Co-development PartnerInnovation ecosystem organization in Laval. Partner in technology and innovation initiatives.
• Centre Québécois d'Innovation en Biotechnologie (CQIB)coreStrategic or Co-development PartnerBiotechnology innovation center supporting life sciences sector development in Quebec. Key partner for biotech ecosystem.
• CAA-QuébecsecondaryStrategic or Co-development PartnerAutomobile association providing mobility services. Partner in sustainable mobility projects including secure bike parking pilot (2025).
• Polytechnique MontréalcoreStrategic or Co-development PartnerEngineering school providing incubation support. Home to Profyle startup and other technology ventures.
• HEC MontréalsecondaryStrategic or Co-development PartnerBusiness school providing research support. Conducted landscape analysis for silver economy (éminence grise) sector.
• UQAMsecondaryStrategic or Co-development PartnerUniversity partner in commercial innovation. Collaborated on Lab Achetons plus ici retail innovation project.
• CIRANOsecondaryStrategic or Co-development PartnerResearch institute conducting digital maturity assessment for manufacturing sector in 2025.
• IVADOsecondaryStrategic or Co-development PartnerArtificial intelligence research institute providing training and support for manufacturing digital transformation.
• Ville de LavalcoreStrategic or Co-development PartnerThe City of Laval is the parent organization of Laval économique. Provides municipal funding, real estate facilitation, and policy support.
• CISSS de LavalsecondaryStrategic or Co-development PartnerIntegrated health and social services center. Partner in silver economy and senior wellness initiatives including Luci platform deployment.
• École de technologie supérieure (ÉTS)secondaryStrategic or Co-development PartnerEngineering school partner in decarbonized greenhouse innovation project under TEMMRA.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Montréal International: Greater Montreal's lead economic development and foreign direct investment attraction agency. Directly comparable as a Quebec municipal/metro-level economic development body targeting investment attraction, business support, and international promotion in the same Greater Montreal Area as Laval économique.
• Toronto Global: Toronto Region's public-private economic development partnership focused on talent attraction, FDI, and business growth advisory. Comparable in serving as a single-entry gateway for businesses locating in a metropolitan territory with free advisory and programming services.
• Calgary Economic Development (now Calgary in Motion): Municipal economic development agency for Calgary, providing business support, investment attraction, and sector programming. Comparable in offering business advisory, financing program referrals, and sector-specific initiatives like Laval économique.
• Greater Boston Chamber of Commerce: Regional business membership and economic development organization serving the Greater Boston area. Laval économique partners with the Chambre de commerce et d'industrie de Laval (CCIL), making Boston Chamber a directly comparable chamber-of-commerce-and-economic-development hybrid.
• Vancouver Economic Commission: Municipal economic development agency for the City of Vancouver. Comparable function as a city-level organization offering business advisory, sector development, and policy advocacy for companies in its territory.

Broad incumbents

• Investissement Québec: Provincial-level economic development and financing agency of Quebec. Overlapping mandate in business financing, export support, and investment attraction; operates at a larger scale and funds initiatives like TEMMRA that Laval économique co-delivers locally.
• NYC Economic Development Corporation (NYCEDC): New York City's municipal economic development corporation managing real estate, financing, and innovation programming. Comparable as a city-led economic development agency administering grants, accelerators and sector programs.

Emerging players

• Innovation Factory (Hamilton, Ontario): Regional innovation centre supporting startups and SMEs in the Hamilton region with accelerator programs and advisory. Comparable as a Terrox-like startup accelerator and SME support ecosystem at a regional level.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/lavaleconomique
• Facebookfacebook.com/developpementeconomiquelaval
• LinkedInlinkedin.com/company/developpement-economique-laval
• Instagraminstagram.com/lavaleconomique

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Laval économique