Summerside Economic Development supports your expansion by bringing in all the right partners,
all the necessary financial support, and the comprehensive hands-on collaboration that has made
us so successful since our inception.
We provide a place for companies to develop their offers, test innovative solutions, and
commercialize their technologies for the North American Market. Unlike many other municipal
development organizations, Summerside Economic Development gives you the platform to validate
your innovations in a real-world market... efficiently and profitably!
Summerside is now a proven commercial partner thanks to how its infrastructure-rich environment
helps start-ups, SMEs, and international companies grow their development and expedite their
market growth. As an example, this commercialization partnership has even made it so that
Summerside now generates 67% of its own power requirements from wind and solar! That’s the power
of how we’ve thoroughly we’ve invested in firms like yours developing next-generation products
and services.
Summerside is:
- The cleantech centre at the heart of Canada’s “Green Province”
- An established support infrastructure for trialling of renewable energy sources
- Xchange Accelerator and Living Lab testbed for kickstarting innovative ambitions
- The ideal gateway City for European companies to enter North American markets
While Summerside is a small City, it’s part of a very large eco-system—a region of 2.4 million people, a collective GDP of $105.8 billion and strong trading connections with the USA.
Summerside brings you:
- Over 100 years of subject-matter expertise
- 2 decades of roaring success
- Systems in place to support your success
- One of the lowest cost jurisdictions in Canada
- The opportunity to make more money faster
- The track record, testimonials and case studies to prove it
Are you ready to expand your business in North America?
IF YOU are AN INNOVATIVE COMPANY LOOKING TO EXPAND
The Summerside Xchange Accelerator gets things moving quickly. Summerside Xchange is a one-stop growth shop for innovative companies that are looking to make more money faster, while adding value to the City of Summerside (and North America at large!).
IF YOU NEED TO INTRODUCE A NEW PRODUCT TO NEW CUSTOMERS
We have a network of subject matter experts and connections throughout North America that can
help you navigate, get connected and open business opportunities.
In Summerside, we make your first steps to North American Commercialization Easy.
Paul Ahn, President
Samsung Renewable Energy Inc.
Canada
IF YOU WANT TO EXPAND INTO NORTH AMERICAN MARKETS
The unique Summerside solution is here for you
Let’s chat!Cash in on Summerside Challenges
Summerside Xchange continuously strives to build the kind of long-term partnerships from which so many startup success stories have evolved. It does so through the Summerside Challenge Program. This program addresses specific technology issues that the City of Summerside wishes to resolve, using open innovation methods and partnering with businesses like yours.
SEE HERE THE LATEST CHALLENGES
STEP 2: Allow for 10 working days for application review
STEP 3: Membership assessment meeting with Summerside technical/business partners
Summerside in numbers:
Summerside, Canada is a low-cost business environment making your limited development funds go
further allowing you to reach revenue generating activity sooner than many other locations in
North America.
Situated on Prince Edward Island (PEI) in the Gulf of St. Lawrence, off the Atlantic Coast of
eastern Canada, the City of Summerside occupies an ideal nearshore location, midway between
major North American and European cities. With less than a two-hour flight to New York, Boston
and Toronto, PEI ensures excellent access to markets through year-round ports, major air cargo
routes and high-bulk land transportation. Compelling infrastructure and incomparable support
systems have made the City of Summerside a location of choice for IT. Global companies have
established their most profitable nearshore locations in Summerside, largely due to several
factors including:
- The area’s highly productive workforce
- Lowest operating cost in the G7
- Positive tax environment KPMG ranks Summerside as the lowest cost location in North America for operating a nearshore/shared service centre.
To receive a custom report outlining how much money your company can save by operating in Summerside please contact us—a Summerside representative will be in contact with you.
How to become a Summerside client:
Fill out the registration form, meet the conditions for admission and become a member of the net zero movement in Summerside.
Cleantech businesses that we are looking for:
- Utility scale and distributed energy renewables
- Hydrogen adoption applications – vehicles, space heating, generation, etc.
- Heating, cooling, and hot water smart devices
- Novel vehicle charging technologies
- Solar, wind, and storage utilization technologies
- Smart gird applications – residential, micro, and utility scale
SIDE WITH SUMMERSIDE
Summerside
becomes a powerful
Cleantech Hub
- Single Window Concierge Service
- Collaborative Approach – We bring partners to you
- 100 Years of Expertise
- Fully Coordinated systems
- Access to and networks within various support organizations
Are you ready to discuss huge possibilities for your business?
Let’s chat!
Where Seeing is Believing
Dr. Maciej Karczewski
WindTAK sp. z o.o.
Jordan Kennie
Chief Executive Officer, Stash Energy
By partnering with Summerside, we were able to validate our solution in a diverse smart grid eco system and refine our product approach to hone in on what matters to clients around the globe. Summerside’s clean tech focus, support eco system and ability to deliver and open doors has been critical to our international success. Our cloud-based AI platform is now deployed internationally across 10 time zones and was critically operational from the cloud during Covid19, delivering over a half a million real time energy market dispatches during that period to keep grids stable and minimize carbon utilization.”
Devashish Paul
CEO/Founder, BluWave-ai