Introhive Poised To Increase Exports
Fredericton software company exploring new markets and increasing sales
August 13, 2019 – Fredericton, NB – Atlantic Canada Opportunities Agency
Along with innovation and business productivity, increasing exports and moving into international markets creates wealth here at home. This is why exporting is key to growing Atlantic Canada’s economy. Introhive, a Fredericton-based company offering a unique software for customer relationship management (CRM), is enhancing its product offering and sales acumen in order to reach new customers.
Introhive will build on its continued success by undertaking an international market expansion into the United States and Europe, through product development to meet specific geographical and industry needs and global sales training for its employees.
Today, Matt DeCourcey, Parliamentary Secretary to the Minister of Immigration, Refugees and Citizenship and Member of Parliament for Fredericton announced support to Introhive on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA).
The Government of Canada is making smart investments that help create good, middle-class jobs in our country. It is helping small and medium-sized businesses to start-up, expand or modernize. Support for this company is one way the Government of Canada is working to achieve its Atlantic Growth Strategy outcome of long-term economic prosperity in the region.
“Atlantic Canadian companies must diversify and expand into international markets in order to generate sustained economic growth. The Government of Canada is committed to working with companies like Introhive to help them innovate and increase exports to create good jobs in the region, all while showcasing our world-class products and services on a global scale.”
- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“I’m thrilled to see the federal government’s continued support for Introhive. Firms that export tend to be more innovative, pay higher wages and be more productive than non-exporters, and Introhive is proof of that. They have already contributed to the growth of our local economy and Fredericton’s growing reputation as a leader in advanced technology and innovation.”
- Matt DeCourcey, Parliamentary Secretary to the Minister of Immigration, Refugees and Citizenship and Member of Parliament for Fredericton
“ACOA has supported Introhive for years as we grew exponentially and opened offices around the world. Introhive successfully entered European and Asian markets and are experiencing rapid growth globally. We are investing in job creation and product innovation right here in Atlantic Canada. In 2018 alone, we were able to more than double our employee growth rate in our Canadian offices.’’
- Jody Glidden, Chief Executive Officer, Introhive
ACOA contributed $918,745 through the Business Development Program for international market expansion and product development.
ACOA also contributed $50,000 (non-repayable) through the Regional Growth through Innovation (REGI) program’s Productivity and Business Skills stream for global sales training.
The Business Development Program and the Regional Economic Growth through Innovation program continue to build on the objectives of the Government of Canada’s Innovation and Skills Plan, a multi-year strategy to create well-paying jobs for the middle class and those working hard to join it.
Introhive employs 174 people, including 72 in Fredericton, New Brunswick, where it is headquartered, 21 in Saint John, New Brunswick, and 11 in Halifax, Nova Scotia, with additional staff in Vancouver, the United States, the United Kingdom, and India.
Senior Communications Officer
Atlantic Canada Opportunities Agency
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