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Loan payments deferred for one month
2022-09-29
Today, Government is deferring all loan payments with clients of Finance PEI, Island Investment Development Inc., and PEI Century Fund for the month of October due to the impacts of Hurricane Fiona. “Hurricane Fiona has caused significant disruption for may industries across Prince Edward Island,”...
Island company takes ownership of biomass heating units
2019-01-17
The biomass heating units at provincial buildings across Prince Edward Island are now fully owned and operated by an Island company thanks to financing provided by the Provincial Government. Atlantic Bioheat Inc now owns 11 boilers with another under construction at Hernewood School. Finance PEI...
Young Island entrepreneurs jump to success
2016-08-11
Island entrepreneurs are experiencing rapid growth and great success as participants in the province’s new micro-loan program, says Minister Heath MacDonald, Economic Development and Tourism. “Today I had the opportunity to meet with two young entrepreneurs who took advantage of this support and it...
Repurposing of Former Sawmill in Georgetown to Create New Multi-tenant Facility
2016-08-05
The local economic development organization in Georgetown, Prince Edward Island, in partnership with the federal and provincial governments, is turning a 40,000 square foot former sawmill into a multi-tenant facility to house new and existing businesses. Georgetown Port Inc. will transform the...