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 From big to small, ACOA assists them all   
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Posted by: ITNovaScotia Admin Friday, July 07, 2006
Compiled by STEVE PROCTOR Business Editor

No one can criticize the Atlantic Canada Opportunities Agency for supporting just one sector.

A list of projects the federal development agency has supported this past month shows financial support for both public and private ventures, a mix of conventional and cutting-edge projects and assistance for small emerging companies and mature industries.

The projects include support for a company marketing a lobster-banding machine, financial aid for a company building rental cottages and help for a New Glasgow firm retooling its parking meter production facility. It is also includes help for a Dartmouth company that wants to ensure you never loose an e-mail again, and a project to revamp the heritage look of downtown Antigonish.

A full list of recently approved projects can be found in the chart above and in the list below:

•Cambra Properties Inc. of Wallace, Cumberland County, received a $75,000 loan toward the $187,550 construction of two rental oceanfront cottages.

•XEOS Technologies Inc. of Bedford received a $75,000 loan toward a $100,000 marketing program for its environmental science products.

•IronSentry Inc. of Dartmouth is receiving a $69,462 loan to help develop its e-mail and document archiving service. Total value of the project is $92,616.

•E.G. Energy Controls Ltd. of Amherst received a $67,500 loan toward a $90,000 marketing plan.

•The Flower Cart in New Minas received $40,224 for training and replacing baking ovens. Total cost $56,820.

•Salty Bear Adventure Travel Inc. of Halifax received a $34,250 loan on $54,000 worth of marketing activities and equipment purchases.

•Deep Vision Inc. of Dartmouth received a $25,313 loan to produce universal language communication systems. Total cost of the project $33,750...

See the full story at The ChronicleHerald.ca

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Comments (1)  
Re: From big to small, ACOA assists them all    By John Walters on Tuesday, July 11, 2006
acoa only gives most of it's money to big companies or companies in the cities. that's it.

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