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Small Business Week
2018-10-10
The economy of Prince Edward Island is driven by our instinct for hard work and entrepreneurial spirit. The result is a vibrant business environment, a stable labour force and a great place to live and operate a business. Small Business Week is a celebration of the energy and efforts of...
Service Standards for Web Presence and Marketing Support Assistance
2018-03-12
Innovation PEI encourages applicants to contact a Business Development Officer prior to applying for support, as this typically will save the applicant time and result in a better experience. This contact benefits the applicant by: assisting the applicant to identify the most appropriate support(s...
Culture Action Plan
2017-11-20
The Government of Prince Edward Island has developed , Cultivating Growth,, a five-year action plan for cultural initiatives and creative industries to increase both the economic and social well-being of Islanders through strategic investments. Download, Cultivating Growth:, A Five-Year Action Plan...
Arts Grants program
2016-09-29
The mandate of the PEI Arts Grants is to support, assist, encourage and represent the arts community in the province. Funding is available to Prince Edward Island artists through a juried grant application process., What type of funding is available?, The Arts Grants program offers three types of...
Am I Ready to Start a Business?
2016-05-09
Starting a new business begins with a good idea or a great opportunity. Starting a successful new business begins with a well developed idea and a solid plan. Any successful entrepreneur will tell you the first step to a successful start - Do your homework! Owning your own business can be rewarding...
Getting into a Business
2016-05-09
There are four basic methods of getting into business; start from scratch, purchase the assets of a business that has ceased operation, purchase an existing operation, or pay the fee for a franchise license. There are strengths and weaknesses for each method. , Starting a business from scratch,...
Is my business idea profitable?
2016-05-09
One great advantage of being an entrepreneur is being able to do something you are passionate about or love to do. How do you plan to turn your passion into profit?, Can my idea become my business?, Every new business starts with an idea. You will have to do your homework to determine if your idea...
Start developing a plan
2016-05-09
Taking the time to map out a realistic plan for your business before you open will pay off in the long run. Many successful entrepreneurs will agree that solid planning, both short-term and long-term, is the key to business success. The plan you begin to develop now will guide you through your...
Determining the right location
2016-05-09
There are many factors to consider when choosing the best location to establish and grow your business. The right location can impact your potential to attract a quality workforce, improve efficiency and increase sales and profits, all of which will translate to business success. At the same time...
Finding the right staff
2016-05-09
In the beginning, you may choose to operate your business on your own or with a select number of employees. As your business gets established or begins to grow, you may need to hire additional staff to help you with the tasks of running your business., Character, commitment and compatibility,...