Canada Economic Development

Canada Economic Development

November 15, 2013 14:00 ET

Interactive Validated Solutions 88 Receives Financial Support from Government of Canada

LORRAINE, QUEBEC--(Marketwired - Nov. 15, 2013) - The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, today announced that Interactive Validated Solutions 88 Inc. has been granted financial assistance to develop a commercialization strategy targeting two foreign markets.

"To ensure the Canadian economy stays competitive, our Government is committed to doing all it can to support enterprises that, like Interactive Validated Solutions 88 Inc., are developing products that are not only innovative, but also competitive on external markets," said Minister Lebel.

Interactive Validated Solutions 88 just recently set up shop in Lorraine. After several years of investing in research and development, the enterprise developed the PIVOT88 application, which is a major asset for manufacturing companies.

Canada Economic Development's financial assistance with allow Interactive Validated Solutions 88to position itself in the U.S. and Chinese markets. Indeed, the firm will be able to pay the wages and benefits of a sales manager as well as the costs associated with various fees, advertising and travel in the targeted markets.

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This support, granted in the form of a $100,000 repayable financial contribution, has been awarded through Canada Economic Development's Quebec Economic Development Program.

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