More Island businesses are transforming their ideas into reality thanks to Innovation PEI’s Ignition Fund. Donnie Arsenault, Founder of Grayson PS, and four other startups are doing their part to help innovate PEI’s key economic sectors like construction, agriculture, fisheries...
PEI’s economic strength is historically grounded in well established industries like agriculture, fishing and tourism. The economic focus for the future involves innovative research and development as well as supportive clustering in several key growth sectors: Advanced Marine...
Until now, Gabriel and Deidre Mercier couldn’t produce enough sheep’s milk at their small Rustico farm to bring their artisanal cheese and yogurt to market. That will change now that the Merciers – and entrepreneurs from nine other Prince Edward Island businesses – will receive...
Shoreline Design Inc. continues to produce world class artisan jewelry and gifts that are enjoyed by both visitors and Islanders alike, while successfully expanding their product line to meet increased demand, says Minister of Economic Development and Tourism Heath MacDonald....
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...
Innovation PEI is a proud community partner offering services with Futurpreneur Canada which is a national non-profit organization providing pre-launch expertise, business resources, start-up financing and mentoring to help you start and run your own successful business. Who is...
Food Product Development Assistance is available to Prince Edward Island businesses to access professional and technical assistance in creating or improving a new food product or process. This assistance can be used to develop and test new and improved products and processes, and other technical development-related activities. Funding through this program is intended to support the engagement of expertise as the business moves its product or process from the earliest stage of development through to commercialization. Who is eligible for Food Product Development Assistance? To be an eligible...
Ignition is a competition for entrepreneurs seeking start-up capital for a business venture. Innovation PEI will invest seed capital for the winning applicant to turn a venture idea into a tangible, viable business.
Web Presence Assistance provides a non-repayable contribution to Prince Edward Island businesses and local not-for-profits to assist with the creation of an online presence or to upgrade an existing website to include e-commerce. The purpose of Web Presence Assistance is to help Island businesses and not-for-profits increase business by creating a website to establish an online presence, reach customers and increase sales. Who is eligible for Web Presence Assistance? To be an eligible applicant, a business or a local not-for-profit organization must be located in Prince Edward Island and: not...
The Export Enhancement and Diversification Fund helps Prince Edward Island exporters and export-ready businesses with marketing and trade costs to execute export plans and activities to explore new global export opportunities to diversify and enhance their business. Who is eligible for the Export Enhancement and Diversification Fund? To be an eligible applicant, a business must: be registered to do business and actively operate in Prince Edward Island; and be an active exporter or export-ready. A business with a defaulted outstanding debt or obligations with the province is not eligible for...