March 1, 2024 · Charlottetown, Prince Edward Island · Atlantic Canada Opportunities Agency (ACOA)
Prince Edward Island's traditional food sectors have long been a driving force for the province's economy. Today, innovative agri-food companies continue to build on that momentum, developing fresh new ideas and sowing the seeds for growth.
The Government of Canada is committed to ensuring that new and established players in the Island's food industries have the support they need to continue to adapt, collaborate, and discover new markets.
Fueling an innovative food economy
Today, Sean Casey, Member of Parliament for Charlottetown, announced a non-repayable contribution of $336,300 to Food Island Partnership to support growth in PEI's food ecosystem. The announcement was made on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA.
The Province of Prince Edward Island is also providing a further $321,600 in grant contributions to Food Island Partnership to support agri-food business development.
These investments will allow Food Island Partnership to continue offering innovative programs like Food Xcel, Food Propel, and FoodWorks, which help agri-food companies start-up and scale-up. The funding will also support quality assurance, human resource expertise, and other specialty services to help companies expand and grow.
Today's announcement demonstrates the Government of Canada's commitment to the food industry in Atlantic Canada, supporting growth and job opportunities in rural communities, and working with innovative Atlantic Canadian organizations to help sustain Canada's global competitiveness.
