When I heard that the ratio of International Startup Festival tickets bought from Montreal related people is rising and has reached 50%, my was first question was who are does people?
- The increase is mostly due to economic development related organisation you see everywhere like: EQ (Emploi Quebec), CDL (Centre Local de Developpement Economique de ...), SDEVM, Fondation du Maire, SAGE, CEIM, CRSNG, NRC/CNRC, NSERC, RealVenture ...
- consultant firms like: Pwc, KPMG, Fasken Martineau, Deloitte, ....
Its the same behaviour you see everywhere, another good example is iexpo.ca (Salon Haute techno et Média Sociaux).
We in Quebec are heavily subsidizing organisation that are suppose to help SMB but now it seems we reach a point where indirect/direct economic development is just too big for the market its suppose to serve. Quebec society has to stop increasing graht to those organizations, a better move will be to help startups directly who are struggling financially. As mentioned in my post on "Strategie Québecoise de l'entreprenariat: what's in it for startups", most money to strength entrepreneurship is drain by inefficient organisations who just see government as a cash cow.
I think some organisations have reach the level of parasite state, I might be wrong but its what I see from data, sorry.
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