Cvent to receive payroll rebates to support Fredericton expansion

A meetings, events and hospitality management technology provider is receiving financial support from the province to expand operations in Fredericton.

Government says Cvent is eligible for up to $385,000 in payroll rebates to support an expansion, which includes moving its Fredericton operations to a new 1,400-square metre office downtown this November.

It's also expected that the company will create up to 25 new jobs within the next three years.

Cvent currently employs more than 90 New Brunswickers, most of whom work at the company’s offices in Fredericton’s Knowledge Park.