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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...
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...
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...
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...
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...
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...
Prince Edward Island's Information and Communications Technology sector is consistently growing across many areas including: health care independent software vendors financial services aerospace and defence wireless and mobile applications gaming From applied research and new...
Mission Statement Innovation PEI is focused on accelerating economic development in Prince Edward Island by investing in people, innovation, and infrastructure. We are targeting key sectors that have displayed a high potential for economic growth within the province. These...
At Confound Films’ office, atop Receiver Coffee on Charlottetown’s historic Victoria Row, there is a unique piece of furniture. It’s a coffee table made from the trunk of a 100-year-old maple tree that filmmaker Kyle Simpson remembers playing under in his grandparent’s Walthen...
There are four common types of business ownership. Which structure you choose will depend on key factors; the nature of your business operation, whether you prefer to have full control of your business or want to share management responsibilities, and who you want to be...