October 24, 2024 · Alberton, Prince Edward Island · Atlantic Canada Opportunities Agency (ACOA)
Entrepreneurs and small businesses propel the economy in Canada and bring job opportunities to rural communities. Support in the early stages of business development is vital to ensuring long-term, sustainable growth. Through Community Business Development Corporations (CBDCs), the Government of Canada provides expertise and delivers essential programs to businesses throughout the Atlantic region.
Improving access to professional services
Today, Bobby Morrissey, Member of Parliament for Egmont, announced a non-repayable contribution of $305,150 to West Prince Ventures (CBDC Western PEI) to deliver the Consultant Advisory Services (CAS) program, in partnership with CBDC East and CBDC Central, from 2024 through to the end of March 2026. The announcement was made on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA.
The investment will help up to 60 companies across Prince Edward Island with their next stage of growth through access to professional services for business planning and management, market readiness, export growth, and technology adoption.
From October 20 to 26, during Small Business Week 2024, Canadians are celebrating the crucial role that local companies play in building and strengthening communities.
Today's announcement demonstrates the Government of Canada's commitment to job growth and capacity building in rural Atlantic Canada.
