The Island and Coastal region has a wealth of natural assets but most communities are small and must prioritize their economic development approach.  This program enables communities to take the next step in economic development planning to assess specific opportunities for business attraction, growth or improvement in productivity in identified sectors such as enhancing agricultural processing or developing a knowledge and innovation sector.

2,500
person years employment created (construction phase)
50
locally elected officials and MLAs working together
$10.4
million annual provincial government revenue generated
2,600
post completion jobs created
$4.6
dollars leveraged for every ICET dollar invested
$230
million leveraged into the region
$49.1
million disbursed
$50.9
million committed
185
economic development projects
150
projects completed
36%
projects in small (less than 5,000) communities
50+
communities with ICET projects

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