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Equipment upgrades at MacAusland’s Woolen Mills
2016-07-18
With roots dating back to 1870, MacAusland’s Woolen Mills Ltd. is one of the longest-operating businesses on Prince Edward Island. Since 1932, they have been keeping people from all over Canada and the United States warm with their traditional blankets made from 100% virgin wool, their core...
What Happens After the Catch
2016-07-14
Seafood is big business in this small province, and companies like Royal Star Foods Ltd., South Shore Seafood Ltd., Acadian Supreme Inc., and Annand Clams are keeping up with industry trends and demand for PEI’s high quality foods. PEI’s food’s sector has become a leading driver in increased...
Ignition Fund winner set to launch product
2016-07-13
Mont Carmel resident and Innovation PEI Ignition Fund 2014 recipient, Mathieu Gallant is looking forward to continuing the PEI cheese making tradition through his new company Island Artisan Cheesehouse. Commercial cheese making on Prince Edward Island dates back to the 19th century and has been key...
PEI Export Growth
2016-06-30
PEI is experiencing an exciting period of export growth. International export of goods increased 22 per cent in 2014 to $1.12 billion-the first time our exports surpassed the one-billion-dollar mark. In 2015, we saw a further increase of more than 15 per cent, the fastest growth in the country and...
Getting Ready to Export
2016-06-30
Training and support for market entry activities and market-specific information is available through Innovation PEI Global Trade Services. A regular calendar of trade missions to strategic target markets and sector trade shows is developed each year and companies can access assistance in planning...
Exporting to Grow your Business
2016-06-30
Exporting allows companies to diversify their risk by having revenue streams from different markets and divergent economies. Along with the increased sales potential, there are opportunities to achieve greater economies of scale and maximize productivity – and profitability, within your business...
Here They Grow!
2016-06-27
IO Solutions Call Centre Inc. opened its Head Office and operations center in Bloomfield in August 2012. Just under four years later, the company is now ready to expand into a second PEI location. Bobby Morrissey, Member of Parliament for Egmont, on behalf of the Honourable Navdeep Bains, Minister...
Federal and Provincial Governments Support Community Capacity Building
2016-06-22
PEI communities possess unique and valuable characteristics. Residents in these areas want to maintain the qualities that define them and at the same time seek economic opportunities that will ensure long-term growth and sustainability. For more than 20 years the Central Development Corporation (...
Rental Incentive Assistance
2016-06-13
Rental Incentive Assistance contributes to rental costs for Prince Edward Island businesses to establish a new business or to expand existing production capabilities. , Who is eligible for Rental Incentive Assistance?, To be an eligible applicant, a business must be located in Prince Edward Island...
Enriched Investment Tax Credit
2016-06-13
The Enriched Investment Tax Credit complements the existing PEI Corporate Investment Tax Credit of 10 per cent. The tax credit is applied to certain capital investments made by manufacturing and processing businesses. , Who is eligible for Enriched Investment Tax Credit?, To be an eligible...