Business New Brunswick

Investment program supports eight companies in southeastern New Brunswick (09/01/16)

NB 31

Jan. 16, 2009

CAP-PELÉ (CNB) - Eight companies in southeastern New Brunswick will receive help from the New Brunswick Growth Program, Business New Brunswick Minister Greg Byrne announced today.

"I am proud that our government is helping these companies maintain 60 jobs and create 17 new positions in southeast communities," said Byrne. "As a government, we promised to help companies grow and succeed, and the tremendous accomplishments of the New Brunswick Growth Program prove that we are keeping this commitment. We will continue to work with New Brunswick businesses to help them be more productive, more competitive and more successful."

Business New Brunswick launched the program in October 2007, and its $3-million budget has already supported company startups and expansions in every region of the province.

Byrne was joined at today's announcement by Rhéal Doiron, president of Air Plus Mechanical, and Minister of Finance Victor Boudreau.

"Small businesses form the backbone of our economy, and I am very pleased to participate in investments that allow eight companies in my region to survive and thrive during these uncertain times," said Boudreau. "A self-sufficient New Brunswick depends on the strength of our provincial entrepreneurs, and it is clear today that they are continuing to flourish."

The program provides eligible entrepreneurs up to $100,000 to establish a new business, and up to $60,000 to expand, diversify or improve productivity at an existing business.

"Air Plus Mechanical is very appreciative for the support it has received from the provincial government through the New Brunswick Growth Program," said Doiron. "The support has been integral to the continued success and the growth of our company. The assistance has ensured that our company can be more competitive in New Brunswick."

09/01/16

EDITOR'S NOTE: A list of the companies receiving support from the New Brunswick Growth Program follows. MEDIA CONTACT: Ryan Donaghy, communications, Business New Brunswick, 506-471-5554, or e-mail: ryan.donaghy@gnb.ca.

Companies receiving support from the New Brunswick Growth Program

09/01/16