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New loan to help develop more multi unit housing
2019-11-13
A new multi unit residential loan development fund will help developers, organizations and non-profits build more housing for Islanders. Finance PEI, along with the Department of Social Development and Housing, held consultations in Prince, Queens and Kings County in October with local contractors...
Start-up businesses continue to benefit from Ignition Fund
2019-10-24
Thanks to the Ignition Fund, Chelsey Lake, a digital marketing strategist, designer and developer, will be able to offer small businesses scheduling and ticketing services for their websites. “Successfully securing an Ignition Fund grant has been pivotal in propelling our business forward,” said...
Government reinstating the Charlottetown Area Development Corporation
2019-10-18
After hearing from greater Charlottetown area business communities and municipalities, Government is reinstating the Charlottetown Area Development Corporation (CADC) to support continued economic growth and innovation. “One of my first meetings was with the Mayors of Charlottetown, Stratford and...
Final project from McCain Fund
2019-10-15
Since 2017, the McCain Foods Adjustment Fund has helped to create 140 new jobs for Islanders in the Borden-Carleton region. Island Acres - the final business to be awarded financing through the McCain Fund – will receive $121,250 towards building a new headquarters. The company will also receive $...
PEI Broadband Fund now accepting applications
2019-09-27
The PEI Broadband Fund is another step towards improving internet services for Islanders across the province. The PEI Broadband Fund (PEIBF) will provide financial assistance for the installation of infrastructure that will enhance broadband services. Island communities, businesses and Internet...
Province supports major expansion at Charlottetown Metal Products
2019-07-19
A major expansion at Charlottetown Metal Products (CMP) will result in new jobs, increases in production, research and development capabilities, and more exports. The $7.5 million project will see the construction of a 50-thousand square foot addition to CMP’s facility in Milton, which manufactures...
Second round of McCain Fund grants approved
2019-07-03
Residents and the regional economy stand to benefit after three businesses and the municipal government of Borden-Carleton were announced as grant recipients under the second round of the McCain Fund. The $2 million economic development fund was set up by McCain’s after the closure of their...
Applications for arts grants now being accepted
2019-05-15
Prince Edward Island artists are invited to apply for funding during the spring 2019 round of arts grants. Applications for funding can be submitted at Arts Grants program for three types of grants: creation, dissemination, and professional development. The deadline to apply is Friday,...
Correctional Service of Canada recruits to be trained at Holland College in Slemon Park
2019-02-26
Investing in Infrastructure, Holland College’s Atlantic Police Academy and the Correctional Service of Canada (CSC) have entered into an 18-month contract to deliver CSC’s Correctional Training Program at Holland College in Slemon Park. To support the agreement, the Slemon Park Corporation (SPC)...
Invest Atlantic 2018 comes to Charlottetown
2018-09-12
A key part of the formula for growth for startup companies is building a network of connections in the investment community. The governments of Canada and Prince Edward Island are providing $125,000 to support Ignition Startup Zone Inc. in hosting Invest Atlantic 2018, the largest networking event...