Fonds de solidarité FTQ is a venture capital firm founded in 1983. The firm is primarily based in Montreal, Canada although it also has an office in Quebec, Canada. It was created to aid Quebec’s economic growth by creating jobs through investing in small and medium-sized businesses. As of March 2019, the firm is managing 97 active companies in its portfolio and has sold off its shares in 75 companies. Its most recent investment was in Hortau on February 2019, a company developing irrigation management technology for agricultural purposes.
Fonds de solidarité FTQ focuses on funding companies that are based in the Quebec region. It provides funding for companies at various stages of development, from early venture to leveraged management buyouts. It also seeks to finance companies on diverse industry sectors, with some examples being pulp and paper, telecommunications, and biopharmaceuticals. The firm also has a subsidiary called Fonds régionaux de Solidarité FTQ Québec.
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