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HARPER GOVERNMENT INVESTS IN THREE
CAPE BRETON BUSINESSES
SYDNEY (NS) – February 20, 2013 – Marcato Digital Solutions Inc., Polysteel Atlantic Ltd. and GoVenture World Corporation, all located in the Cape Breton Regional Municipality, have received an investment from the Government of Canada through Enterprise Cape Breton Corporation (ECBC). The announcement was made today by the Honourable Lisa Raitt, Minister of Labour.
“Our Government’s top priority is job creation and economic growth,” said Minister Raitt, on behalf of the Honourable Bernard Valcourt, Associate Minister of National Defence and Minister of State (Atlantic Canada Opportunities Agency) (La Francophonie). “Small and medium sized enterprises are the backbone of our economy. When they succeed, they create jobs and prosperity for hard-working Canadians in communities like Cape Breton.”
Marcato Digital Solutions of Sydney specializes in the creation of web-based solutions to maximize efficiency in the music industry. Its festival organization and management software is currently being used by over 2,000 music industry users. With a provisionally repayable loan of $149,999 from ECBC, Marcato will undertake technical improvements to its software products and implement international marketing activities.
Polysteel Atlantic Limited in Point Edward manufactures high-strength synthetic ropes. In operation since 1997, Polysteel has a strong presence in both the aquaculture and commercial fishing industries. With a repayable loan from ECBC of $252,505, Polysteel will make important capital acquisitions to aid in improving the company’s efficiency and increasing its product range.
GoVenture World Corporation of Sydney is a new company established by MediaSpark which produces GoVenture, one of the original and most widely used series of business and entrepreneurship educational games and simulations in the world. With a provisionally-repayable loan from of $110,000 from ECBC, GoVenture World Corporation will conduct alpha and open public beta testing of the new GoVenture World massively multiplayer online game.
Enterprise Cape Breton Corporation is a federal Crown corporation offering programs in support of commercial development, community development, environmental stewardship and real property development on Cape Breton Island and in the Mulgrave area.
Marcato Digital Solutions Inc.
902 577 1269
Polysteel Atlantic Ltd.
902 562 8889
GoVenture World Corporation
902 562 0042
D. A. Landry
902 564 3617