The group, made up of cleantech incubators 2 Degrés and Cycle Momentum along with non-profit accelerator IVÉO, have nearly $8 million to support cleantech startups from germination to commercialization—including $3.6 million from the province’s economic ministry as part of its research and innovation investment strategy. (The Logic)

Talking point: “By pooling the strengths of our ecosystem, we will foster the emergence of successful companies, accelerate market access, and at the same time de-risk the development of innovations,” said Alexandre Guindon, general manager and co-founder of 2 Degrés, in a release. The consortium aims to encourage the launch of cleantech startups and the commercialization of their products to ultimately generate environmental and economic benefits for the province. Quebec’s environment ministry invested more than $22 million in Cycle Capital last fall as part of its Plan vert to support high-growth greentech startups in the province.