Island Capital Promises $4 Million in Funding to PEI Startups

Prince Edward Island is known as the home of Anne of Green Gables, beautiful red sand beaches, and now with a new announcement, more than a dozen new and burgeoning startups.

Island Capital Partners is a new $4 million investment fund launched to bolster startups and add some firepower to the startup ecosystem in PEI. The early-stage investment fund is managed by four business professionals and has received commitments of $2 million from the province’s government and the same amount spread out amongst roughly 20 angel investors based on the island.

 

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