Prince Edward Island Updates
Europe Market Development Program (EMDP)
The Europe Market Development Program will help Atlantic Canada-exporting companies expand their presence and grow sales in new industry sectors and countries in Europe. EMDP leverages new opportunities offered under Comprehensive Economic and Trade Agreement (CETA), which provides preferential access to export opportunities and economic growth.
Made possible by funding from the Government of Canada and the four Atlantic provinces’, the Atlantic Chamber of Commerce coordinates access to Europe-based professional market development and sales support.
For More Program Details: Please contact Glen Davis, Atlantic Chamber of Commerce Inc. Europe Market Development Program Manager
Starting September 28th, Canada’s Food Island gift cards will be available for purchase at retailers Island-wide. Gift cards will be sold at 20% off while supplies last! The new gift card program encourages Islanders and visitors to support and buy locally. For more information on Canada's Food Island gift cards, participating merchant, and locations where the cards can be purchased visit Gift Card Canada Food Island.
Telework Adaptation Fund – Helping employees work from home
Businesses and community organizations can apply for assistance toward the cost of activities that enable their employees to
work efficiently from home. The Telework Adaptation Fund is available for Island entities encouraging employees to work remotely at least 60% of each pay period. Find the details and online application here. Deadline is October 30, 2020.
Ingition Fund Start Up Fund $25,000
The Ignition Fund is a competitive based fund for entrepreneurs seeking start-up capital for a new innovative business
venture. Innovation PEI will award up to $25,000 to a successful applicant to turn venture ideas into tangible, viable
businesses. A matching contribution is not required. Attend an information sessions online this week. Check out program
details here. Deadline for applications is October 9th
Canada United Small Business Relief Fund $5000
If awarded, a relief grant can be used for any of the following activities purchased, before applying:
- Purchased Personal Protective Equipment (PPE) such as masks, face shields, and latex gloves.
- Renovated physical space to adhere to local, Provincial or Federal reopening guidelines.
- Developed or improved e-commerce capabilities for your business
PEI Partnership for Growth Update
After a temporary pause due to the COVID-19 pandemic, the Partnership for Growth has resumed its work to set a bold direction for the Island’s economic future. In July, the Partnership for Growth’s 21 partners reconvened to determine its path forward as the local business community begins to recover from the COVID-19 pandemic. At this time, partners expressed eagerness and excitement to resume activities with an eye on PEI’s economic future.
The Partnership for Growth believes that now more than ever, their goal to develop an economic action plan that focuses on Prince Edward Island’s long-term economic growth is needed. After establishing a revised timeline, the Partnership intends to deliver this plan by the end of 2020.
In the coming months, the Partnership will be seeking input on its draft economic action plan. Feedback will be collected through an online platform.
Islanders are encouraged to follow upcoming Partnership for Growth activities and events online:
– Facebook: @peipartnershipforgrowth
– Twitter: @PEI_PFG
