Atlantic Canada Opportunities Agency

The Atlantic Canada Opportunities Agency (ACOA) is a government institution established in 1987 and headquartered in Moncton, Canada. Its primary mission is to stimulate economic growth in Atlantic Canada by enhancing the competitiveness, innovation, and productivity of businesses. ACOA focuses on enterprise development, offering financing for business start-ups, modernizations, and expansions, while also working with communities to foster local economic growth and improve infrastructure. Additionally, the agency plays a vital role in policy advocacy and coordination, representing the interests of the Atlantic region at the national level. Through these efforts, ACOA aims to build a stronger, more diversified economy in Atlantic Canada.

Paul LeBlanc

President

Past deals in Prince Edward Island

Tunedly

Grant in 2017
Tunedly operates an online music creation platform that connects artists with a network of hand-picked session musicians, enabling them to produce professional-quality music. Founded by musicians, the platform addresses the challenges faced by individuals who want to create music but may lack resources or connections to the right talent. Tunedly offers services including music mixing, mastering, and the hiring of musicians and singers, effectively removing the physical and financial barriers that often hinder the creative process. This approach provides artists with enhanced opportunities to collaborate and elevate their music projects.

Halibut PEI

Debt Financing in 2016
In search of healthy sustainable food supplies, over half of the global fish supply comes from aquaculture, and it’s now the fastest growing food sector in the world. The Food and Agriculture Organization of the United Nations (FAO) indicates that 70% of the world’s wild fisheries are now either fished to the maximum sustainable yield or are being over fished. The future rising demand for fish as food will have to be met by increasing aquaculture production.
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