Moncton-based Dovico Software Inc., which makes time-management software, plans to hire as many as 13 people full-time with about $460,000 of funding from the provincial and federal governments.

The governments said this week they would provide funding for the company, which has been selling its software for more than 25 years and now has about 30 employees. Its flagship product Dovico Timesheet is sold worldwide to such companies as Xerox, HedgeServ and Ryan.

“When people invest in your dream, it is the best compliment you can get,” said director, president and CEO Yves Doucet in a statement. “It does come with a responsibility, but, after 25 years in business, it presents even better opportunities for providing world-class business services to all our customers.”

The Atlantic Canada Opportunities Agency is lending the company $332,250 through its Business Development Program.

Opportunities New Brunswick is providing up to $110,069 to support the new positions and fund market development activities.

The New Brunswick Department of Post-Secondary Education, Training and Labour is contributing $20,800 through the One-Job Pledge program.