Frequently asked questions

CoFonderie is open to people who live in Quebec, are eligible to receive the program’s financial support and are available about 25 hours a week for the 12 weeks. We’re looking for people who seriously want to build a technology company, from a wide range of backgrounds and expertise: science, engineering, technology, product, entrepreneurship, business, industry, operations, design and many others. There is no single ideal co-founder profile.

No. You can arrive without a specific idea or project. If you already have a lead you want to explore, you can bring it, as long as you’re ready to question it and explore other opportunities.

No. All applications are individual, and you must join CoFonderie without an already-formed founding team. Forming and testing your team is an integral part of the program.

Companies developed in CoFonderie must have a technology component. You don’t, however, need to know what you want to build before you start.

About 25 hours a week, with flexibility in how you organize your time. The first weeks include more in-person activities in Montréal; after that, you manage your own schedule, apart from mandatory sessions.

Yes. Participants can receive up to $2,500 CAD a month for three months to support their participation. Payment of the stipend is conditional on meeting the program’s requirements and continuing in the program.

No. V1 Studio takes no equity in companies created through CoFonderie.

Not necessarily. At key moments in the program, each person’s and each team’s progress is assessed to determine whether the conditions are in place to continue. Commitment, collaboration, execution and progress are among the elements considered.

No. The final phase prepares the teams that continue to present their company to investors and open initial funding conversations. Any investment decision belongs to the investors.

Teams that emerge from the program continue their entrepreneurial journey according to their needs and level of maturity, notably with incubators, investors and other resources in Quebec’s ecosystem.