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News & Publications

Fueling Fish Business in Victoria


More than $800,000 in provincial and federal money will be flowing into a halibut company in Prince Edward Island.

Halibut P.E.I. will receive a $495,000 repayable loan through the Atlantic Canada Opportunities Agency (ACOA) to help establish a new hatchery, which will be integrated into the halibut grow out facilities.

Island Advance Etrepreneurship Project Gets Boost to Continue Work


The federal and provincial governments are giving $387,000 over the next two years to the second phase of a Charlottetown Area Chamber of Commerce project to create more entrepreneurship in P.E.I.

Advancing Entrepreneurship is Top of Mind for Industry & Government Economic Development & Tourism


Growing Prince Edward Island’s economy is a priority shared by business owners, community organizations, and governments. Entrepreneurship has always been and continues to be a key component of our economic growth, which is why these stakeholders are working to ensure that Islanders, including newcomers, consider entrepreneurship as a career path.

Bioscience on PEI Employs Over 1,300 People, Generates $200 Million


Bioscience entrepreneur and pioneer Regis Duffy is bullish about the future in P.E.I.  Recognizing added value in the diagnostic and biochemical marketplace early on, he believed P.E.I. could attract small companies with “smart ideas”, which would benefit from seed capital and, later, attract bigger players.

Ron Keefe Named as Recipient of the 2015 Volunteer Excellence Award


The Greater Charlottetown Area Chamber of Commerce will honour Ron Keefe with the Volunteer Excellence Award at the 10th annual President’s Excellence Awards in Charlottetown. Sponsored by Maritime Electric Company Ltd., this award recognizes an individual whose time, commitment and contributions to the Chamber have been outstanding.

Atlantic Life Sciences Conference Focuses on Building a Sustainble Economy


In late October 2015 leaders from the life sciences community across Atlantic Canada gathered at BioPort Atlantic, the annual life sciences industry event to discuss the future of the sector. The conference provided a forum to inform and inspire the next generation of life sciences entrepreneurs to develop their ideas, commercialize their technologies and build links within the region and abroad. The outcomes of those discussions shed light on the future economic growth of the sector, hinting at a sustainable and competitive economic landscape for companies in the region.

Ron Keefe’s 2 Waves of Investment


Ron Keefe is proud that the sale of BioVectra, the Charlottetown drug manufacturer he has led for 11 years, is generating two waves of investment into Atlantic Canada.

ViTRAK Raises Up To $2 Million


ViTRAK Systems Inc., a Charlottetown startup commercializing a pressure-sensitive floor tile system, has raised as much as $2 million in funding from P.E.I. investors.

The company said in a press release yesterday the investors included the Regis Duffy Bioscience Fund and associated companies, but gave few other specifics of the funding round.

Halibut PEI Completes Expansion


Halibut have a new home to grow in Prince Edward Island.  Halibut P.E.I. has just completed a 20,000-square-foot expansion of its current land-based facility in Victoria.

Reinventing Opportunity


Regis Duffy believes in change, risk taking and the power of innovation.  A St. Dunstan’s University chemistry teacher, he overcame his early hesitancy with the subject to earn a Ph.D. from New York’s Fordham University and become chair of the SDU chemistry department and the first dean of science at the University of Prince Edward Island.

Neurodyn Lands $1.5M; May Add $500K


Neurodyn Inc., the Charlottetown biotech developing early treatments for neurological diseases, has closed a $1.5-million round of funding from a range of U.S. and Canadian investors and could bump the total up to $2 million.

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