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Velsoft develops breakthrough solution

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Investing in companies discovering innovative solutions to costly and time consuming problems is helping Atlantic Canada become a more vibrant and globally competitive region where all Atlantic Canadians can thrive and prosper.

Jim Fitt with MP Sean Fraser. (Submitted photo)

With support from the Government of Canada, Velsoft Training Materials Inc. is working aggressively to expand with growth-oriented marketing and business activities so the eLearning industry worldwide can benefit from its automated solution.

Velsoft’s solution turns written training materials into interactive, industry-compliant eLearning. The New Glasgow company is now exporting to more than 160 countries and boasts a long and impressive client list that includes many global brands.

On Wednesday, Central Nova MP Sean Fraser, Parliamentary Secretary to the Minister of Environment and Climate Chang announced support for these activities.

The Government of Canada is making smart investments that will create good, highly skilled jobs in our country. It is helping small and medium-sized businesses to start-up, expand or modernize and supporting not-for-profit industry organizations to fuel business growth.

“Velsoft is a rural Nova Scotia company competing globally to become if not a “household name” then certainly a “workplace name” through market expansion. Its breakthrough product is helping trainers and learners worldwide, while saving companies time and money. The Government of Canada is proud to support Velsoft as it ramps up marketing and business development plans to expand into new markets and grow,” lauds Fraser.

Jim Fitt, president, Velsoft Training Materials says, “We’re competing in a $200-billion global industry from our headquarters in New Glasgow. This project will help us move forward with ambitious marketing and business development plans to take advantage of a significant opportunity to showcase our technologies to the world.”

Velsoft was named Exporter of the Year at the 2013 Nova Scotia Export Achievement Awards. The company has grown from 10 employees in 2010 to nearly 30 today. Headquartered in New Glasgow, the company has offices in Halifax, the United Kingdom, South Africa and Guatemala.

ACOA is providing a $150,000 repayable contribution to Velsoft through the Regional Economic Growth through Innovation program.