Government support of more than 3.7 million dollars will help NB businesses chart and implement digital roadmaps
April 15, 2021 · Fredericton, New Brunswick · Atlantic Canada Opportunities Agency (ACOA)
Innovation and diversification help grow the economy and create good jobs for Atlantic Canadians. To develop and grow a sustainable economy, businesses in the region must continue to implement innovative technology, projects and processes that are good for productivity and the environment.
Government funding to help up to 150 companies create a digital strategy
Dominic LeBlanc, President of the Queen’s Privy Council for Canada and Minister of Intergovernmental Affairs, today announced an investment of more than $3.7 million to TechImpact. TechImpact will use the funds to launch Digital Boost 2.0 and help businesses accelerate the adoption of digital technologies to remain resilient and competitive. The project also includes the creation of the Collab Hub, a digital place to promote New Brunswick technology providers and foster collaboration within and beyond the local information technology (IT) sector.
Minister LeBlanc made the announcement on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages.
The Government of Canada is committed to supporting Atlantic Canadian businesses and organizations through this period of recovery. Today’s investment will enable businesses to pursue projects that will allow them to scale up, increase productivity and position them for success.
Quotes
“Business innovation and productivity are key to a dynamic economy. Our government, through ACOA, is proud to support TechImpact’s efforts to help businesses and organizations innovate so that they can stay competitive, create quality jobs and contribute to the Canadian economy during this challenging time.”
- The Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for ACOA
“Helping companies adopt leading-edge technologies makes good business sense. It enables businesses to grow, boost exports and create quality jobs while making our communities stronger. We are pleased to work together with TechImpact to help businesses make smart investments in digital technologies that will increase their productivity and competitiveness.”
- Dominic LeBlanc, President of the Queen’s Privy Council for Canada and Minister of Intergovernmental Affairs
“Many New Brunswick businesses are struggling to adopt technology to improve sales, operations and productivity, a challenge heightened by the COVID-19 pandemic. That is why TechImpact is focused on driving digital transformation and assisting businesses out of this global pandemic. Digital Boost 2.0 is designed to do exactly that, and we look forward to seeing the results of this work by outstanding Atlantic Canadian technology providers.”
- Cathy Simpson, CEO, TechImpact
Quick facts
Founded in 2009, TechImpact is a private sector-led organization focused on building a vibrant and growing Atlantic Canadian economy by using technology to unlock the region’s potential.
Digital Boost 2.0 is a program that pairs businesses with qualified local technology providers to work together to create a digital strategy and a roadmap to start their digital journey.
TechImpact is accepting applications from businesses and technology providers to participate in the program, starting April 22. For details or to apply, visit: www.techimpact.it.
ACOA is providing a non-repayable contribution of $3,708,021 to TechImpact through the Regional Relief and Recovery Fund (RRRF), a national $2 billion liquidity assistance lifeline for businesses affected by the COVID-19 pandemic.
Associated links
Contacts
Catherine Mounier-Desrochers
Press Secretary
Office of the Minister of Economic Development and Official Languages
Catherine.Mounier-Desrochers@canada.ca
Cathy Simpson
Chief Executive Officer
TechImpact
506-650-2540
cathy.simpson@techimpact.it
Dominique Bouchard
Communications Officer
Atlantic Canada Opportunities Agency
Dominique.Bouchard@acoa-apeca.gc.ca