Download PDF - Stewart McKelvey
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______________________________________________________________________________<strong>Stewart</strong> <strong>McKelvey</strong>Doing Business in Atlantic Canadacertification leading to the creation or enhancement of a Quality Improvement Program or acertified Quality Education Program for management and employees.• Rental Incentive ProgramTo meet the occupancy needs of new and expanding businesses, the Rental Incentive Programprovides financial assistance to businesses for leasing incremental space in any community inPrince Edward Island.• Technology Ideas Assessment ProgramThis program is designed to advance innovation by helping Island technology companies andentrepreneurs obtain early stage professional expert appraisal of their innovative technologyrelatedideas so as to enable them to move their opportunity from concept to market. TechnologyPEI assistance is in the form of a conditional non-repayable contribution towards the cost ofobtaining pre-commercial market research through the Canadian Innovation Centre.• Web Presence ProgramPrince Edward Island is becoming one of the leading provinces for web presence in Canada.Prince Edward Island Business Development provides a non-repayable contribution to Islandbusinesses to assist them in establishing a presence on the internet.• Winter Production Financing ProgramThis program provides financial assistance to new and expanding craft and giftware manufacturersto allow them to increase the inventory of their products during the winter months for sale in thepeak selling periods.• Wireless Technology Development FundThe Wireless Technology Development Fund is a public private partnership involving the Provinceof Prince Edward Island, Rogers Wireless Inc. and Ericsson Canada Inc. The objective of the fundis to support the development of a diverse range of projects for wireless and hand-heldtechnologies with an emphasis on technical, creative or design innovation. The $1-million fund willprovide investment funds for innovative wireless projects in Prince Edward Island.Contributions from the fund, which are available at any time throughout the year, are repayablethrough a royalty agreement. Interested parties are encouraged to contact the fund administratorvia email at jceden@gov.pe.ca to discuss the project or to find out more information regarding thefund. There is a two-pronged approach to the application process; initially candidates are requiredto submit an expression of interest, clearly outlining the project, its costs and benefits. Projectsfitting the program criteria are advanced to the full application process.For more information about these and other financial assistance programs contact:Scot MacDonald, DirectorNew Business Investment94 Euston Street, 2nd FlPO Box 340Charlottetown, PE C1A 7K7Tel: 902-368-5899Fax: 902 368 6255E-mail: dsmacdonald@gov.pe.ca• Business Taxation• Tax-free ZonesThe Province of Prince Edward Island has created a tax-free zone for aerospace companies thatlocate in Slemon Park in Summerside. The tax rebate incentive program includes an annual 100%Page 92