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New loan to help develop more multi unit housing
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...
Start-up businesses continue to benefit from Ignition Fund
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...
Government reinstating the Charlottetown Area Development Corporation
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...
Final project from McCain Fund
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...
PEI Broadband Fund now accepting applications
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...
Province supports major expansion at Charlottetown Metal Products
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...
Second round of McCain Fund grants approved
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...
Applications for arts grants now being accepted
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...