“Richard acquired a strong experience in innovation, tech transfer, start-up management, international business transactions and financial strategies, in Canada and abroad. This expertise will be very profitable to the companies selected in the accelerator”, said Simon McDougall, CEO and Head Coach of Ecofuel.
“Ecofuel’s selected companies and the whole cleantech ecosystem will benefit from the experience Mr. Cloutier’s acquired in the high tech biotech cluster. His expertise in biotech is extremely valuable, especially to startups”, said Denis Leclerc, president and CEO of Ecotech Quebec and member of Ecofuel’s board of directors.
Until recently, Richard Cloutier was the President and CEO of the Centre québécois de valorisation des biotechnologies (CQVB) – an innovation and tech transfer organization involved in Biotechnologies, including sectors like Life Sciences, Industrial Bioproducts, AgriFood & Human Nutrition. Over the last 30 years, he has played a significant role in the Life Sciences sector, acting mainly as CEO of biotech companies and in organizations in the public sector, investment manager and research professional. He was the founder and CEO of Gelkem for near 10 years – a private biopharmaceutical company involved in drug delivery systems.
Mr. Cloutier graduated with a B.Sc in biochemistry from Sherbrooke University and a MBA from Laval University. His expertise is requested on different public and private boards and he was part of numerous international business missions and tech transfer projects mainly to promote Quebec’s Biotech innovations (China, India, Israel, France, United States and Germany).
Ecofuel is an accelerator for startups that works with entrepreneurs in clean technology to help build globally competitive companies. In addition to seed financing of up to $100,000, Ecofuel offers its entrepreneurs an intensive program of training workshops, networking sessions, and an experienced mentor ecosystem. Participating companies will be hosted in a dedicated facility in Montreal for the duration of the program. The objective of the program is to support entrepreneurs and help in the successful creation and growth of companies.
In addition to the financial and administrative support from Cycle Capital, Ecofuel is also counting on the support and collaboration of Écotech Quebec, Innovacorp and Sustainable Development Technology Canada (SDTC).
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