The money is to be used to improve training development. operational efficiency and quality assurance.
The funding was announced by St. John's South-Mount Pearl MP Seamus O’Regan Thursday on behalf of ACOA.
Genoa Design International Limited provides production lofting, detail design and 3-D modelling services to shipbuilding and offshore industries around the world, and has worked on container ships, offshore supply vessels, ferries and tankers, according to a news release on the funding.
“ACOA has supported many Genoa initiatives that helped fuel our growth over the past 20 years,” Genoa chief executive officer Gina Pecore said in a news release.
“This latest project will enable us to reach new growth goals internationally, and to strengthen our capacity to serve Canada’s National Shipbuilding Program by attracting and developing top-notch shipbuilding designers. We’re very proud to be at the heart of rebuilding Canada’s shipbuilding industry.”