Nova Scotia Business Inc. (NSBI) and its partners continue to help Nova Scotia companies compete globally and attract new investment to the province.

NSBI released its 11th annual report today, Dec. 12, which covers the fiscal period from April 1, 2012, to March 31, 2013.

It was one of NSBI’s busiest in investment and trade development. Client companies, helped by NSBI and its partners, have done business in more than 50 countries.

Additional highlights include:
— With partners, NSBI trade development helped 501 companies expand markets and explore new ones, up from 441 from the previous year.
— Client-reported export sales also trended upward, which included first-time export sales for some Nova Scotia companies. Client-reported actual and forecasted export sales were $417,920,062.
— Investment Attraction, which focuses on bringing new investment to the province, had 10 deals. Eight included payroll rebate incentives.
— NSBI had six business financing and four venture capital transactions.

For more information on NSBI’s 2012-13 annual report, visit http://nsbi.ca/AR .

Source: Release