Backgrounder: ACOA supports sustainable development in Eastern P.E.I.
Backgrounder
The Government of Canada is investing over $1.5 million in 8 projects to help innovative businesses and organizations in Eastern P.E.I. The Province of P.E.I. is also contributing over $900,000 toward five of the eight projects.
CLIENT NAME |
PROJECT | ACOA | PROVINCE | MEDIA CONTACT |
| Abegweit First Nation | Support for community energy strategy | $30,000 Non-repayable |
$17,750 |
Tyler Gould Director of Economic Development (902) 676-2353 |
| AKA Energy Systems | Development of hydrogen-fueled power and propulsion system | $375,000 Repayable |
$25,000 | Ravi Naidu Director of Finance (519) 270-4761 |
| Active Communities Inc. | Delivery of human resources program for Eastern P.E.I. businesses with a focus on retaining skilled employees | $48,083 Non-repayable |
$75,114 | Martina MacDonald Executive Director (902) 838-7033 |
| RPS Biologiques Inc. | Purchase of equipment to support production growth of sustainable and natural aquaculture health products. | $191,000 Repayable |
$216,000 | Subrata Chowdhury President (902) 314-7239 |
| Atlantic Advanced Power Technologies | Acquisition of equipment and sandblasting facility to enhance manufacturing efficiency and sustainability | $625,000 Repayable |
$575,000 | Jim MacDonald General Manager (902) 795-3330 |
| Remidose | Hiring of a permanent full-time Director of Sales to oversee sustainable growth through innovation | $50,000 Non-repayable |
Michael Mayne President (902) 367-2721 |
|
| AKA Energy Systems | Purchase of improved testing equipment to improve operational efficiencies | $165,000 Repayable |
Ravi Naidu Director of Finance (519) 270-4761 |
|
| Frontier Power Systems Inc. | Hiring of specialized engineering expertise to oversee the growing clean technology company | $46,800 Non-repayable |
Carl Brothers General Manager (902) 853-6800 |
|
| Total | $1,530,883 | $908,864 |
Contacts
Connor Burton
Press Secretary
Office of the Minister of Rural Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency
Connor.Burton@acoa-apeca.gc.ca
Sharon McGuigan
Manager of Communications
Atlantic Canada Opportunities Agency
Sharon.McGuigan@acoa-apeca.gc.ca
Vicki Tse
Bilingual Senior Communications Officer
Department of Workforce, Advance Learning and Population
Province of Prince Edward Island
vickitse@gov.pe.ca
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