ACOA investment announced for Eigen Innovations Inc.

The federal government has announced an investment in a Frendericton company to help it reach new markets in the US, Asia, and Europe.

ACOA says Eigen Innovations Inc. creates Artificial Intelligence (AI) business solutions that help its clients refine manufacturing processes, reduce costs, and improve their overall profitability. 

In addition to $708,067 to assist with the marketing project, the company will also receive two $50,000 contributions toward filling two senior positions focused on data science and machine learning.