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The Innovation Fund assists businesses to bring a new product, service, or process (“product”) to market by providing financial support for the costs to refine and commercialize an innovative product that has demonstrated potential for export market uptake. The Innovation Fund has two streams: The New Product stream can support the transition from a demonstrated beta/pilot/prototype product to the final stage refinements for scale-up and full commercial development of the product. The Product Diversification stream can support the adaptation of an existing product for a new market segment...

Your non-profit organization may be eligible for a grant of up to $2,500 to assist with costs associated with your festival or event. Call for applications will open on Monday, January 5 and close on Monday, March 2, 2026. New project submissions from an applicant in default on any reporting, project completion or financial obligation to Innovation PEI will not be reviewed until a resolution to the default is reached. Is our event eligible? Any activity that attracts residents and visitors and provides them with opportunities to experience Prince Edward Island’s culture may be eligible for...