Government Small Business Loan for Music Manufacturer

Funding for Nova Scotia Based Music Company

Sydney, NS – June 6th, 2014

Billdidit Inc. of Sydney, NS a company that designs and produces innovative products for the music industry, has received a $500,000 repayable contribution from the Government of Canada to help build a facility for the production of hardware and accessories for drummers.

Background:

Billdidit has extensive experience in product development, commercialization, manufacturing management and technical support. The company primarily develops and sells drum and percussion related equipment.

The company’s products are used by amateur, recording and touring percussionists from around the world who perform with well-known artists of many musical genres.

They have developed products for domestic and international partners. They currently have four product patents and nine patents pending.

The new facility will focus on producing low to mid-volume products for Billdidit and Sabian Cymbals. It is expected to create 20 jobs immediately with the potential to add additional jobs as the facility ramps up production.

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