Newsletter

The year 2024 was a transformative year for Summerside, marked by significant investments, business expansion, and strategic partnerships that further strengthened and diversified our economy.

Fueled by an exceptional business community, Summerside experienced remarkable growth across all sectors—from entrepreneurship and innovation to cleantech investments, workforce development, and large-scale construction projects in key industries. Our city has built a strong, results-driven brand, earning trust through collaboration and a proven track record of delivering real outcomes. As a result, Summerside is quickly emerging as Prince Edward Island’s premier investment destination.

Looking ahead to 2025 and beyond, we remain committed to even greater success, with a strong focus on Manufacturing, Aerospace, Information Technology, and Cleantech. While we’ve made significant progress, there’s still much to accomplish. The Summerside Economic Development Team is dedicated to strengthening our local economy, attracting global investment, and unlocking new opportunities for growth.

Shaping Summerside’s future is a shared effort powered by the strength of our community. While our focus is local, our vision is global, and the possibilities ahead are limitless. With a compelling business case, an exceptional quality of life, and a thriving, business-friendly environment, Summerside is poised for continued success.
We invite you to review our Annual Report and explore opportunities for growth and expansion in Summerside. Let’s discuss how our city can help you extend your reach, enter new markets, and drive greater profitability.

 

 

Are you an entrepreneur or researcher in the cleantech space? Innovation PEI, in partnership with Net Zero Atlantic, has launched an exciting new Clean Tech Challenge, offering a grant of up to $100,000 CAD to support groundbreaking cleantech innovations in Prince Edward Island. This initiative aims to drive sustainable solutions and fuel economic growth while positioning PEI as a leader in clean technology.

The Clean Tech Challenge is designed to support the research, development, and scaling of innovative cleantech solutions in key focus areas:

• Cleantech Implementation in Marine Applications
• Cleantech Implementation in Agricultural Applications
• Grid Modernization
• Battery Development & Long-Term Energy Storage
• Hydrogen as an Alternative Fuel

A minimum of four applicants will be awarded, making this a fantastic opportunity for forward-thinking businesses and researchers to secure funding and bring their innovations to life.

Who Can Apply?
Successful applicants will demonstrate:

• A strong, capable team
• Viability and market potential of their solution
• A positive economic impact on Prince Edward Island

How to Get Involved
This is your chance to seed your next cleantech investment in Summerside and contribute to a cleaner, more sustainable future. Please review the information sheet or visit the official Challenge webpage for more details on the challenge, eligibility, and application process.

For program-related questions, please direct inquiries to Net Zero Atlantic. If you have any general questions, feel free to reach out to:

Stephen Conrad, BBA (he/him)
Business Development Officer, Innovation PEI
saconrad@gov.pe.ca | P.: (902) 218-6747

Are you looking to collaborate with experts in Clean Technologies, Validation, or scale trials in a real-world setting? If so, contact:

Michael Thususka
Director of Economic Development, City of Summerside
mike@summerside.ca | P.: (902) 432-0103

 

 

Alternatively, you can email us at mike@summerside.ca. 
It could be the most profitable email you have ever sent.

Michael Thususka
Director of Economic Development City of Summerside
275 Fitzroy Street, Summerside PE C1N 1H9
M: 902.432.0103, E: mike@summerside.ca

LET’S BUILD THE FUTURE TOGETHER!