RESEAU CAPITAL | Québec's venture capital results for Q3 2008 - Local investors take the lead - Entrepreneurship in Montreal

Entrepreneurship

RESEAU CAPITAL | Québec's venture capital results for Q3 2008 - Local investors take the lead www.newswire.ca

As was the case throughout 2008, VC activity preferred Québec IT sectors in the third quarter. A total of $56 million was invested in 18 IT companies, or just over half of all disbursements, which is consistent with trends in the two prior quarters. But in comparison with the $63 million invested one year ago, IT-related activity fell 11% in Q3.

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