The Investment Club will hold its first Prince Edward Island event Oct. 29 from 5:30 to 7:30 p.m. AST, bringing early-stage companies together with potential investors and members of the business community.

The club was established in 2016 to give startups an opportunity to present their businesses to investors. Since then, organizers Neil Smith and Peter Hickey have held an average of three events a year in Halifax and invested more than $24 million in early-stage companies across Atlantic Canada, the group said.

The investments have supported companies that have created high-paying jobs, received U.S. Food and Drug Administration clearance and had their technologies adopted internationally, the group said.

The club aims for an informal structure, with casual meetings and and virtually no formal rules. "There is no charge to attend the event, no charge to the companies who present and no pressure to invest," said Hickey in an email. "We keep things simple. Grab a slice of pizza, a beverage and join other community leaders to hear some short presentations."

The club says access to investment capital remains a challenge for Atlantic Canadian entrepreneurs, particularly in the current economic and geopolitical environment.

There is no cost for companies to present or for attendees. The PEI event will feature short company presentations, with food and beverages provided.

Companies that would like to present at the meeting can apply here.

Interested investors can register to attend in person (or online) here.