Start Up Zone opens in Charlottetown

Designed to empower entrepreneurs and enable business development and growth, the Start Up Zone has opened its doors on Queen St in Charlottetown. The facility accommodates up to 40 people. Numerous new businesses have already taken up residence. The Start Up Zone is a multi-sector approach to business development which encourages collaboration. Another example of … Continued

Continued growth in Biotechnology sector

A program of the federal government, under the Centres of Excellence for Commercialization and Research program (CECR) has awarded one of two national awards to the PEI BioAlliance. The award will provide $14 million over 5 years for commercialization of natural products including human and animal health, agricultural products, and industrial chemicals. Natural Products Canada, … Continued

Site Selection Magazine selects Charlottetown again in 2015

Charlottetown has again in 2015 been named as one of the Top 10 Economic Development Groups in Canada by Site Selection Magazine out of Atlanta, Georgia. Listed in the 8th annual Best to Invest Awards based on corporate end-user facility investment and job creation data including partnerships, proactive programming and web resources. Charlottetown has been … Continued

Tweel development

Major renovation to key downtown properties. Properties at 141 Kent Street, 63 Great George Street, and 135-139 Kent Street are undergoing major re-development, will increase office capacity in this section of the downtown, and are a further indicator of private sector investment and optimism in the Charlottetown economy. Owner Chris Tweel has worked very hard to make significant improvements … Continued

Invesco Ltd. Expands in Charlottetown

Seven years after its initial move to Charlottetown in 2008, Invesco Ltd. has become one of the areas largest employers, with over 290 full-time permanent staff at the office. The company is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. Invesco Ltd’s Charlottetown office is a key … Continued

Carta Worldwide opens Payment Processing Centre in Charlottetown

Carta Worldwide, a leader in payment processing, will set up a data site at the Atlantic Technology Centre with assistance from Innovation PEI, says Allen Roach, Minister of Innovation and Advanced Learning. Carta Worldwide currently offers payment programs to customers in the UK, Europe, Caribbean and the United Arab Emirates. The Charlottetown office of Carta … Continued

Charlottetown Makes Site Selection Magazine’s Top 10

By Jocelyne Lloyd, The Guardian (www.theguardian.pe.ca) Published on September 09, 2014 The City of Charlottetown has been named as one of the Top 10 economic development groups in Canada by Site Selection Magazine out of Atlanta, Georgia. Charlottetown is the only city in Atlantic Canada to be recognized within these rankings. The ranking is part … Continued

Buchanan Technologies Opens Charlottetown Office

Buchanan Technologies Inc. of Grapevine, Texas, has opened an office in Charlottetown and is projecting to create 46 jobs on the Island within three years, says Allen Roach, Minister of Innovation and Advanced Learning. “This is a well-established information and communications technology (ICT) company that has chosen Prince Edward Island as a near-shore base from … Continued