Helping startups and entrepreneurs build great companies

An early stage Venture Capital Fund investing in high growth potential Prince Edward Island companies

Fund Facts

Fund Size

4.25 million

Investment Size

100,000 - 500,000

Stage

Early-stage

Sectors

Broad

Our Portfolio

Alumni Portfolio Companes

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Management Team

We bring investment, experience, mentoring, and networking to our portfolio companies

Alex MacBeath

Partner

Alex MacBeath

Alex has over 40 years of experience with entrepreneurial companies. Alex was with Grant Thornton LLP for 35 years, 26 of those as partner. He was CEO and Executive Partner of Grant Thornton LLP from 2001 – 2008. From 2008 until his retirement in 2012, he was ‘Global Leader, Markets’ and ‘Regional Leader, Asia Pacific’ at Grant Thornton International based in London, UK. Alex received his B.Sc. from UPEI and his MBA from Dalhousie University. A member of the Canadian, Ontario and Prince Edward Island Institutes of Chartered Accountants, he received his C.A. designation in 1979 and was awarded his FCA in 2003. He is a member of the Institute of Corporate Directors and holds his ICD.D designation through the Rotman School of Management.
Stephen Nicolle

Partner

Stephen Nicolle

After many years of experience leading venture-backed technology companies as a CEO, Steve is now in pseudo-retirement and happily investing his time advising young entrepreneurs and the companies they lead. Steve’s international executive experience spans telecoms, video surveillance, wireless convergence, and healthcare IT. The companies he has led have delivered innovative customer value, returned over $300M to their investors, and provided employment to thousands of truly great people.
Ron Keefe

Partner

Ron Keefe

Ron is the former CEO and President of Diagnostic Chemicals In. and BioVectra Inc. He has chaired the Atlantic Provinces Economic Council, Maritime Electric limited (a Fortis subsidiary) and the PEI BioAlliance. He has been a director of the Bank of Canada, BIOTECanada and many other entities. Ron is engaged in business start-up and funding providing capital and mentorship to early-stage businesses. He is the director of several companies including Halibut PEI, ScreenScape, and Handyman Labs and provides mentorship to emerging companies like Somru Bioscience, Pfera Inc., and Nutracelle.
Paul Lypaczewski

Partner

Paul Lypaczewski

Over the last 30 years, Paul has held a number of executive management positions in the computer graphics and software industries, in a senior leadership role at major NASDAQ and NYSE firms such as Autodesk, AMD and Avid. As VP of Product Development at Alias, he was an integral part of the executive team that took the company over a three-year period from the brink of bankruptcy back to being the preeminent provider of 3D animation and industrial design software, resulting in a $450M acquisition by Silicon Graphics. Paul has received a number of awards and recognitions for his efforts, including being the first Canadian to receive the NASA Space Act Award for exceptional merit, and also devotes time to numerous not for profit organizations. He is currently one of four Managing Partner at Island Capital Partners, an early stage seed fund and personally invests in and consults with a number of early stage startups.

Contact Us

If you are interested in learning on how to become a portfolio company with Island Capital Partners, please send us a message.

31 Queen St
Charlottetown, PE
C1A 4A4

info@peislandcapitalpartners.com