BetaKit. Government funding will help us scale up, says video gift platform VidDay
When you can set up a website from anywhere and remote work is the trend of 2021, startup innovation is happening everywhere - and VidDay is proud to be part of Manitoba’s growing tech scene!
This year, video gift platform VidDay is one of four recipients to be selected for this funding, BetaKit reports:
Winnipeg-based VidDay, which has developed an app allowing users to give videos as gifts, has received $272,000 from the Manitoba provincial government.
The government invested in VidDay through its Innovation Growth Program (IGP), which supports the development and commercialization of innovative products and services. VidDay was one of four businesses that received funding. The others included DBI Technologies, Power HV, and Vexxit.
VidDay’s platform allows users to collect video messages and photos from friends and family to compile into a video that can be sent on special occasions such as birthdays. The startup claims the app is used by one million people in more than 150 countries.
The province’s Innovation Growth Program (IGP) is for SMEs in Manitoba to help them develop and commercialize new processes and products. The funding reduces the risks associated with product development, and is ultimately hoped to support economic growth and create new jobs.
The pandemic has dramatically boosted VidDay’s business, with people looking for new ways to connect and celebrate remotely. A boost of funding will allow the platform to continue on this upward trend, while supporting the local economy.
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