Five Charlottetown companies developing innovative applications of information and communication technology (ICT) will be assisted in the latest round of Innovation PEIís Pilot and Discovery Fund. Each successful company will receive $25,000 in funding to further its research and development work.
A successful business roundtable with Honourable Bruce A. Heyman, United States Ambassador to Canada, US Consul General Richard H. Riley and staff was held in Charlottetown recently. The United States is Canadaís leading trade partner and accounts for the majority of Island exports at $635 million.
Carta Worldwide, a leader in payment processing, will set up a data site at the Atlantic Technology Centre in Charlottetown with assistance from Innovation PEI, creating up to 17 positions over the next two years.
Premier Robert Ghiz will lead a trade mission of Canada's Premiers to China in October. In 2013, Canada-China exports were valued at $20.5 billion and imports were valued at $52.7 billion.
The Governments of Canada and Prince Edward Island have signed the Canada Jobs Fund agreement which includes the launch of the Canada Job Grant. The Canada Job Grant is an innovative, employer-driven approach to help Canadians gain the skills and training they need to fill available jobs.