July 24, 2009, Moncton, New Brunswick
The Honourable Gary Goodyear, Minister of State (Science and Technology), today announced a contribution of $509,182 to Vimsoft Incorporated from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP).
The funding supports an innovative research and development project that will support Vimsoft in creating a rapid development system for web-accessible information management applications for broadcasters.
"Our government is committed to building a competitive advantage for the Canadian private sector and supports these leading-edge technology solutions," said Minister Goodyear. "The Government of Canada is investing in science and technology to create jobs, strengthen the economy and improve Canadians' quality of life."
Vimsoft specializes in the development of information management software solutions for the broadcasting industry. The financial support received in this latest contribution agreement from NRC-IRAP will support the creation of a rapid development system for rich and web-accessible information management applications for businesses. Vimsoft's clients include national broadcasters, world-renowned performance troupes and more.
"Investing in science and technology is critical for developing highly skilled people and improving the long-term competitiveness of Canadian firms," said NRC President Dr. Pierre Coulombe. "That's why NRC-IRAP is helping innovative Canadian businesses such as Vimsoft grow stronger, faster and bigger."
"We are pleased to receive financial support for this important research project," said Vimsoft President Mitch Manuel. "NRC-IRAP support is a valuable cornerstone to the foundation of our technical and commercial success. We are optimistic on the success of this project, which will help to support the next level of growth at Vimsoft."
The NRC Industrial Research Assistance Program (NRC-IRAP) provides a range of both technical and business-oriented advisory services along with necessary financial support to qualified innovative Canadian small- and medium-sized enterprises.
The program is delivered by a field staff of 240 professionals in more than 100 communities across Canada. NRC-IRAP is committed to working with small and medium-sized enterprises while they realize their full potential, turning knowledge and innovation into strategic opportunities, jobs and prosperity for all Canadians.
The Government of Canada's Economic Action Plan has provided new resources of $200 million over the next two years to bolster NRC-IRAP support for innovative Canadian firms. To learn more about Canada's Economic Action Plan, visit www.actionplan.gc.ca .
