businesspress24.com - Minister Shea Announces Support to Help Innovative Canadian Businesses Grow and Prosper in Prince Ed
 

Minister Shea Announces Support to Help Innovative Canadian Businesses Grow and Prosper in Prince Edward Island

ID: 1310169

(firmenpresse) - CHARLOTTETOWN, PRINCE EDWARDS ISLAND -- (Marketwired) -- 10/15/14 -- The Honourable Gail Shea, Minister of Fisheries and Oceans and Member of Parliament for Egmont in Prince Edward Island (PEI), on behalf of the Honourable Ed Holder, Minister of State (Science and Technology), today announced the Government of Canada''s investment in Prince Edward Island BioAlliance (PEI BioAlliance), which will help Canada''s innovative businesses to grow, prosper and create jobs.

Through the Canada Accelerator and Incubator Program (CAIP), PEI BioAlliance will receive up to $3.8M in funding over the next five years to provide local entrepreneurs with the resources and expertise needed to develop their business plan, seek follow-on financing and new international markets for products and services. This organization plays an important role in preparing early stage companies for successfully accessing investment capital and serves as an invaluable resource for entrepreneurs in developing products for a competitive global marketplace.

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"Today''s funding announcement will ensure Prince-Edward-Island''s promising innovative start-up businesses have the resources they need to grow, innovate and create jobs here in Charlottetown. By investing in PEI BioAlliance, our government is supporting accelerators and incubators across the country while strengthening our local community''s business innovation capacity."

Gail Shea, Minister of Fisheries and Oceans

"The financial support provided by the Government of Canada through the Canada Accelerator and Incubator Program will allow us to attract and assist early stage companies in successfully executing their commercialization strategies, accelerating their growth and bringing their technologies and products to the global marketplace."

Rory Francis, Executive Director, PEI BioAlliance

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Contacts:
Media Relations Team
National Research Council Canada
613-991-1431
1-855-282-1637 (24/7)

Twitter: (at)nrc_cnrc

Gertrude Trainor
Minister''s Regional Office
The Honourable Gail Shea, P.C., M.P.
902-566-7887


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Bereitgestellt von Benutzer: Marketwired
Datum: 15.10.2014 - 11:00 Uhr
Sprache: Deutsch
News-ID 1310169
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CHARLOTTETOWN, PRINCE EDWARDS ISLAND


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