Organization: Government of Prince Edward Island

Atlantic Canada VC fund swells to $37.5 million

Moncton-based Technology Venture Corp (TVC) and the Government of Prince Edward Island have joined a (still unnamed) new Atlantic Canada venture capital fund, boosting the committed total to $37.5 million. TVC is contributing $5 million to the fund while PEI is contributing $2.5 million. The Nova Scotia and New Brunswick governments have already committed $15…

Bell Aliant and PEI launch innovation fund

Bell Aliant has entered into a development agreement with the Government of Prince Edward Island to extend broadband services to every community in the province. The agreement will see Aliant invest $8.2 million, including a $1-million Joint Innovation Fund, in return for the province renewing its telecommunications contract with the telco for another five years.…