Today, Innovation PEI is launching four new programs to support Island businesses. The programs are: Equity Investors Incentive – to provide PEI strategic sector businesses with a tool to attract private sector investment Innovation Fund – to assist businesses to bring a new...
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...
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...
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...
Prince Edward Island’s independent filmmakers now have more support to help them produce quality content and grow the industry. The provincial government has launched two new film initiatives – the Film Media Fund and Film 4Ward program. They are funded by $350,000 from the...
Thanks to the Ignition Fund, Rachelle Wight will be able to increase her company’s brand awareness throughout Canada. "Receiving this funding is a massive step toward growing our brand,” said Rachelle Wight of Carmel Cycling. “It will allow us to implement an exciting marketing...
The PEI government has committed to reaching 95 per cent of civic addresses by June 2023 and 100 per cent in 2025 with high-speed Internet (download speeds of 50 Mbps and upload speeds of 10 Mbps). As of December 2022, approximately 4% of civic addresses across the province do...