PEI’s economic strength is historically grounded in well established industries like agriculture, fishing and tourism. The economic focus for the future involves innovative research and development as well as supportive clustering in several key growth sectors: Advanced Marine...
More Island businesses are transforming their ideas into reality thanks to Innovation PEI’s Ignition Fund. Donnie Arsenault, Founder of Grayson PS, and four other startups are doing their part to help innovate PEI’s key economic sectors like construction, agriculture, fisheries...
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...
Prince Edward Island offers a vibrant and innovative community for research and development. There is considerable focus and energy being directed to the PEI bioscience sector from within industry, government, and academia. Entrepreneurs from across the globe are realizing that...
Taking the time to map out a realistic plan for your business before you open will pay off in the long run. Many successful entrepreneurs will agree that solid planning, both short-term and long-term, is the key to business success. The plan you begin to develop now will guide...
Developing a successful marketing strategy requires careful planning based on quality research. Much of that planning can and should happen before your product or service is ready for sale. Your marketing goal is to present your product or service in a way that will motivate as...
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...
People who seek out gluten-free products have had more reason to lick their lips over the last ten years, thanks to Duinkerken Foods Inc. Brenda and Wayne vanDuinkerken created the popular flour and baking mix brand, and are now looking to diversify the product line and increase...
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...