We want your business
Summerside, Prince Edward Island’s second- largest city, has a population nearing 16,000. As the primary commercial centre of Prince County, it accesses a local trading population of 45,000. It is the most densely-populated region of the county.
In the past decade, Summerside’s economy has experienced significant diversification, advancement, and growth. It is a modern service, high-technology, education, tourism, retail, and light industrial economy providing employment and investment opportunities that range in scope from small business to multinationals.
Summerside has excellent physical infrastructure facilities (roads, air, sea, and other distribution networks). Its strategic national and international transportation links provide easy connections to key customer markets and supply chains. It has advanced communications with variety and choice in the high-speed/broadband marketplace.
The city has a skilled workforce and adaptable human resources, trained by local institutions providing programs responsive to workforce needs. Quality of life is attainable in Summerside through affordable housing, exceptional health care, and access to a range of recreation and cultural activities.
Summerside has been proven to be one of the best locations for business growth and expansion.
- As a strong, stable, and dynamic economy, Summerside provides a highly competitive business environment.
- Our growing business clusters have developed a solid critical mass to stimulate additional growth, from our aerospace to advanced manufacturing companies.
- Prince Edward Island, and Summerside in particular, offer one of the lowest-cost production environments in North America, as well as attractive incentive programs to enterprise.
- The Island’s time zone facilitates communications with both the West Coast and Europe (+4 hours to Los Angeles /-4 hours to London).
- Summerside also offers unparalleled lifestyle and attractive housing prices.
Summerside’s economy has an opportunist reputation, and over the past decade has seen significant advancement and growth. Sectors targeted to bring a new level of prominence to Summerside include Aerospace, ICT Enterprise, Education, Consumer Product Providers, and Advanced Manufacturing. While Summerside has many opportunities for growth in all sectors, we have identified some key opportunities and are looking for partnerships, joint venture opportunities, and new enterprise in the following areas:
Aerospace
Summerside’s Slemon Park is uniquely positioned to facilitate turnkey solutions for Maintenance, Repair and Overhaul (MRO) — component, airframe, engine accessories, etc.; propeller/rotor blade shop; avionics as a primary target, in all facets of aerospace including fixed wing and helicopter aviation sector.
Information Technology
Software development with a specific focus on e-health type enterprise, fi services, and other software and back office IT operations.
Green and Renewable Sector
Enterprise engaged in the renewable infrastructure sector with a focus on solar, renewable storage companies, electric vehicle and vehicle testing, X to Grid enterprise specializing in next generation micro-grid technology, and smart metering. Firms engaged in the software development management systems and integration of renewables into utility and distributed power systems. Summerside is also seeking firms engaged in developing biofuels from natural sources including plant and marine life.
Summerside’s key strengths and entrepreneurial philosophy help sustain economic growth and create wealth. Using a hands-on approach, we are furthering the success and growth of existing businesses, helping small and medium-sized businesses grow their markets globally, and promoting Summerside as the ideal location for business investment.
Visit us at BigPossibilities.ca to learn more about our economic opportunities, business community and custom tools to assist in your key business decisions.
For more information, contact:
Mike Thususka
Director of Economic Development
[email protected]
902-432-0103
City of Summerside, 275 Fitzroy Street, Summerside, PE C1N 1H9
Related External Links:
BigPossibilities.ca