The Quebec Culture Capital Fund Invests $2.8 Million in Cavalia Australian Tour

MONTREAL, June 5, 2013 /CNW Telbec/ - The Quebec Culture Capital Fund (QCCF) has announced a $2.8 million investment in the Australian tour of Cavalia. The funds will enable the Quebec-based company to continue its expansion abroad. Over 170 jobs will be created and maintained in the process, consistent with two of QCCF's objectives.

"Cavalia has attracted nearly 4 million spectators in 56 cities across Canada, the U.S., Mexico and Europe since its 2003 debut. In light of this success, the Quebec Culture Capital Fund is happy to back Cavalia's international growth, which will generate substantial economic spinoffs for Quebec. This investment shows that when our cultural enterprises expand abroad, they still create jobs at home" said QCCF Interim General Manager Robert Charpentier.

"Having travelled half the globe for the past 10 years, the art of Cavalia is truly a universal language," added Cavalia's Founder and Artistic Director, Normand Latourelle. "We have enchanted millions of people in North America and Europe and we are now very proud to bring this magnificent production to Australia."

After a critically acclaimed success in Brisbane, Cavalia has been playing in Sydney since May 15. Due to strong ticket sales, the New South Wales run has already been extended at three occasions. Cavalia's Australian tour will continue for at least six months, with the show moving to Melbourne in July. The company struck a chord with audiences when it first introduced the concept of a large-scale equestrian production back in 2003 and has since made its mark in North America, Europe, and more recently, Mexico.

About the Quebec Culture Capital Fund
The Quebec Culture Capital Fund (QCCF) is the outcome of the Quebec government's desire to support the development of large-scale cultural projects. The creation of this venture capital fund was announced in the 2011 provincial budget and the official launch followed in November of that same year. Endowed with a $100 million budget provided by the Government of Quebec ($60 million) through Société de développement des entreprises culturelles (SODEC) and by its partner, Fonds de solidarité FTQ, the fund looks to make profitable investments in large-scale cultural projects destined for export, notably live show production, book publishing and the purchase and sale of publishing rights, film and television production, cross-platform production, sound recording and the purchase and sale of catalogues, as well as interactive digital and video game production.

About Cavalia
Headquartered in Montréal, Québec, Cavalia operates two touring shows, Cavalia and Odysseo, both of which marry the equestrian arts and high-tech theatrical effects at never-before-seen levels. Seen by close to 4 million people across North America, Europe and Australia since its debut, Cavalia celebrates the relationship between humans and horses by recounting the evolution of this bond.

SOURCE: Fonds Capital Culture Québec

For further information:

Name: Francine Laurent
Tittle: Portfolio Manager
Quebec Culture Capital Fund 
Phone: 514-940-6820 extension 222
E-mail: francine.laurent@capitalculture.ca

Name: Eric Paquette
Tittle: Public Relations Director
Cavalia Inc. 
E-mail: epaquette@cavalia.net

Profil de l'entreprise

Fonds Capital Culture Québec

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