Backgrounder: Central P.E.I. businesses modernize, expand and improve efficiencies
Backgrounder
The Government of Canada is investing over $4 million in 13 projects to help modernize businesses in Central P.E.I. The Province of P.E.I. is also contributing almost $500,000 toward 3 of the 13 projects.
| CLIENT NAME | PROJECT | ACOA SUPPORT | PROVINCE SUPPORT | MEDIA CONTACT |
| Sandspit Amusement Park | Strategic investments in environmental sustainability, guest experience and modernized infrastructure. | $600,000.00 Repayable |
Matthew Jelley President (902) 963-3939 |
|
| Oceanview Camping/ Mariners Cove Camping Resort | Enhancement of the campground sites and guest amenities. | $600,000.00 Repayable |
Matthew Jelley President (902) 963-3939 |
|
| MacDougall Steel Erectors Inc. | Acquisition of equipment to improve efficiency through automation. | $432,500.00 Repayable |
Kirk MacKinnon Chief Executive Officer (902) 855-2100 |
|
| Thompson Potato Company Inc. | Adoption of digitization and product diversification to strengthen the resiliency of the PEI Potato sector. | $396,087.00 Repayable |
Wayne Thompson Director/ President (902) 437-2100 |
|
| Morley C. Wood and Sons Inc. | Modernization to strengthen the resiliency of the PEI Potato sector. | $375,000.00 Repayable |
Alex Wood Manager (902) 855-2686 |
|
| Kennedy Metals Inc. | Acquire advanced manufacturing equipment to fabricate a new product line. | $342,103.50 Repayable |
Scott Kennedy Owner (902) 621-0213 |
|
| UP360 Inc. | Development of an Immersive Learning Platform. | $301,105.47 Repayable |
$74,683.00 | Harrison Olajos Chief Executive Officer (416) 887-2360 |
| Mark Craig Inc. | Support strategic investment to strengthen the resiliency of the PEI Potato sector. | $300,000.00 Repayable |
Mark Craig Owner (902) 439-0700 |
|
| Shining Waters Family Fun Park | Upgrades to multiuse space, specialized training of employees and improvements to the overall guest experience. | $200,000.00 Repayable |
$400,000.00 | Matthew Jelley President (902) 963-3939 |
| The Lone Oak Inc. | Acquisition of brewery equipment to increase production capacity and quality. | $187,238.50 Repayable |
$25,000.00 | Jared Murphy Chief Executive Officer (902) 218-9373 |
| KJL Mobile Testing Inc. | Establishment of an electrical transformer refurbishment facility in P.E.I. | $143,475.00 Repayable |
Keith Ledwell Owner (709) 693-2366 |
|
| Linkletter's Welding Ltd. | Acquire advanced manufacturing equipment to address supply chain challenges and improve product quality. | $100,000.00 Repayable |
Wayne Linkletter President (902) 887-2522 |
|
| Bluefield Seeding Solutions Inc. | Research and implementation of a marketing strategy for the US market. | $60,000.00 Repayable |
Craig McCloskey President (902) 626-7107 |
|
| TOTAL | $4,037,509.47 | $499,683.00 |
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 Economic Development, Innovation and Trade
Province of Prince Edward Island
vickitse@gov.pe.ca
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