Applications are now open for Innovation PEI’s 2022 fall Ignition Fund competition, which offers up to $25,000 to launch or expand a business in Prince Edward Island. Rich Knox of Performers’ Health, a previous recipient of the Ignition Fund, says the fund helped put his plan...
Island Investment Development Inc. (IIDI) is a crown corporation reporting to the Minister of Economic Development, Innovation, and Trade. The objects of IIDI are as follows: raise capital in foreign and domestic markets; provide financing to projects of significant economic...
The mandate of Charlottetown Area Development Corporation (CADC) is to provide innovation, investment, and expertise for individual projects of economic and social benefit that government or the private sector is not prepared to execute alone. CADC fills two important roles – to...
The Province of PEI is launching new initiatives to further support Island businesses through marketing and export trade efforts, as well as loan assistance for operational needs. The Export Enhancement and Diversification Assistance Program, offered through Innovation PEI, will...
A new funding program is available to inspire tourism businesses to think of new ideas that showcase Prince Edward Island as a year-round destination. The Multi-Season Tourism Product Development Fund provides support to tourism businesses to create and develop new products...
Thanks to the Ignition Fund, Dave Iwankow, will be able to develop and market his product, CleanBands. “This award will help us to speed up the technical development and international marketing of our innovative technology,” said Iwankow. “We look forward to bringing our wearable...
Government is pleased to announce the Town of Cornwall has joined the Charlottetown Area Development Corporation (CADC). “The CADC is a true example of how the province and municipalities work together to support Island businesses and communities. Now with Cornwall joining as a...
Thanks to the Ignition Fund, Rachael Sonola, will be able to further develop Sonola Sweets’ products for the wholesale market. "This fund will facilitate our production phase, as we perfect our formula and prepare to launch in stores,” said Rachael Sonola. "We look forward to...
Island entrepreneurs can apply for start-up funding through Innovation PEI to turn their ideas into a viable business. Through a biannual competitive process, successful applicants can receive up to $25,000 to launch a new business or innovative product in Prince Edward Island....
Applications are open for Innovation PEI’s 2024 spring Ignition Fund, which offers up to $25,000 to launch or expand a business in Prince Edward Island. Since launching the Ignition Fund, 95 Island companies have been awarded $2,375,000 in funding to transform their ideas to...