Share this article Share this article QUEBEC CITY, March 16, 2021 /CNW Telbec/ - Axelys, Quebec's new technology transfer institution, is proud to announce that its team will be fully operational on April 1 st, 2021. Put in place by the Government of Quebec and led by a start-up committee managed by special advisor Luc Sirois, the new organization will offer consulting and support services to foster innovation and public research in all the regions of Quebec. Around the world, countries that are most successful in terms of economic and social benefits of their public research invest heavily in development and commercialization activities. While the research budget of Quebec universities amounts to more than $2 billion annually, Quebec is now giving itself the means to maximize the benefits of these investments and ensure faster commercialization. Axelys will enable Quebec companies to improve their competitiveness, increase the number of start-ups, create good jobs, and adopt more innovations that will have an impact on the well-being of Quebec's society.