Feb. 4, 2009
SAINT JOHN (CNB) - Seven companies in greater Saint John are maintaining 27 jobs and creating another 32 with the assistance of the NB Growth Program.
Business New Brunswick Minister Greg Byrne made this announcement here today. He was joined by Supply and Services Minister Ed Doherty and Randy Pederson, co-owner of Boy's Own Inc., which operates the Java Moose coffeehouse.
"As a government, it is our commitment to help New Brunswick companies succeed in a competitive business environment," said Byrne. "I am proud that we are supporting these companies in the Saint John area. The tremendous accomplishments of the NB Growth Program are proof that we are keeping our promise to work with New Brunswick businesses to help them become more competitive, more dynamic, and more successful."
Business New Brunswick launched the program in October 2007. Its $3-million budget has supported company start-ups and expansions throughout the province.
"A self-sufficient New Brunswick depends on the success our local entrepreneurs, and it is evident today that our small businesses are continuing to flourish," said Doherty. "I am pleased to participate in investments that will strengthen seven of our local companies. Small businesses are the backbone of our economy, and government support will provide these companies with the means to grow their workforce and appeal to larger markets."
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.
"Without the support it has received from the provincial government through the New Brunswick Growth Program, Boy's Own Inc. would not be able to move forward as a significant competitor in a fast-growing coffee industry," said Pederson. "The support has been a fundamental factor in ensuring that our company produces larger volumes of high-quality product for New Brunswick and for surrounding markets in Canada and the United States."
EDITOR'S NOTE: A list of companies in greater Saint John participating in the NB Growth Program follows. MEDIA CONTACT: Ashley Bursey, Communications New Brunswick, 506-444-3515, e-mail, Ashley.Bursey@gnb.ca.
Companies in greater Saint John supported by the NB Growth Program
Boy's Own Inc. received $15,054 to enable it to export its specialty coffee products to the United States. The company employs 16 and plans to create another four.
Triscon Heating and Ventilation Ltd. received $60,000 toward the start-up of a company to design, manufacture, and install customized ductwork systems for commercial and residential properties. The company will create 11 jobs.
Fundy Wonder Enterprises Inc. (Quaco Inn) of St. Martins received $30,000 to expand its country inn, extending the travel season for visitors. The company employs 11.
Vidossa Consulting of Saint John received $15,000 to help with start-up costs of a business-consulting company for Canadians looking to export to Latin America. The assistance will create one job.
Day Tripping and Rockwood Park in Saint John received $29,150 to start an outdoor recreation business. Based at the Lily Lake Pavilion, the company will provide walking tours, fitness programs, and equipment rentals. Twelve positions will be created.
Southern Cross Product Design of Rothesay received $15,000 to start a home office consulting and design firm, specializing in the design of lighting products. Two jobs will be created.
Discovery Geomatics of Saint John received $15,000 to establish a mechanical engineering technology and geographical information systems consulting firm. Two jobs will be created.