New program supports P.E.I.’s young entrepreneurs

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CENTRAL BEDEQUE - Applications are being accepted until Feb. 20 for a new program that supports P.E.I.'s young entrepreneurs.

Central Development Corporation has launched the Student Biz P.E.I. program in partnership with provincial and federal government to support students between 16-24 years of age interested in starting their own summer business.

Student Biz P.E.I. provides qualifying students with $1,000 to offset startup costs to get their business off the ground, access to up to $1,000 in repayable loan (if needed), and upon successful completion of the program, a $500 contribution towards their post-secondary studies.

In addition to the financial support, Student Biz P.E.I. provides the students with mentorship and training in business planning, financial management, advertising and marketing. This mentorship and training will help build the foundation for each student to successfully operate their business throughout the summer.

Students across P.E.I. are eligible to apply, as well as students attending school off-Island but planning to return for the summer.

For more information, visit CDC’s website at

Organizations: Development, CDC

Geographic location: Iceland

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