CHARLOTTETOWN, P.E.I. — The P.E.I. Broadband Fund is another step towards improving internet services for Islanders across the province.
The fund (PEIBF) will provide financial assistance for the installation of infrastructure to enhance broadband services.
Island communities, businesses and internet service providers (ISPs) can apply now for up to 50 per cent of eligible costs for a project approved through the PEIBF.
The P.E.I. government will invest $10 million into the PEIBF over the next five years.
“Islanders need quality and affordable high-speed internet for education, business growth and overall quality of life,” said Economic Growth Minister Matthew MacKay. “This fund will help Island companies, support our local internet service providers and meet the needs of our growing communities now and into the future.”
For more information on the fund or to apply, visit www.innovationpei.com.
Who can apply for P.E.I. Broadband Funds:
- A local ISP installing broadband infrastructure that will improve internet access to a community, increase service levels and/or improve consumer choice.
- A P.E.I. community that requires increased internet service levels or has unserved / underserved areas.
- A P.E.I. for-profit business that is a sole proprietorship, partnership, co-operative or limited liability company that requires access to new or upgraded services to their business premises.
