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Subdivision Development Financing Program

The Subdivision Development Financing Program (SDFP) is a financing support pilot program that will help qualified developers offset infrastructure costs for long-term residential housing developments. This program will support projects funded through the Municipal Infrastructure Fund (MIF). How much financing is available under this program? The Subdivision Development Financing Program will provide qualified developers and landowners with access to 2% financing on up to 90% of eligible project costs associated with subdividing and developing vacant land into individual residential lots for...

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Long-Term Care Capital Infrastructure Pilot Program

The Long-Term Care Capital Infrastructure Pilot Program is designed to provide approved Private Long-Term Care facilities with the opportunity to access financing of up to 100% of eligible project costs for new construction and/or fit-up of existing long-term care (LTC) facilities. This funding is intended to facilitate the creation of additional licensed long-term care beds, in areas of need and where a need for increased capacity is required. How much financing is available under this program? The Long-Term Care Capital Infrastructure Pilot Program will have two components: Capital Grant...

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About Finance PEI Board of Directors

The role of the board of directors is to provide strategic direction to Finance PEI as the lead financing group for the Province of Prince Edward Island as legislated in the Finance PEI Act. Who serves on the Board? The board includes six representatives of the private sector...

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Energy Efficiency Loan Program

The Energy Efficiency Loan Program (EELP) will provide financing for Prince Edward Island home-owners who are approved applicants under either of efficiencyPEI’s Energy Efficient Equipment Rebate and Home Insulation Rebate programs. This will assist with the up-front costs...

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BioCommons Research Park

The BioCommons Research Park provides commercialization support to the bioscience sector, with technology and infrastructure to accelerate products through the development cycle and into the marketplace. General Site Information The PEI BioCommons is a research and light...

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Summerside Business Park

The Summerside Business Park is well-established as a light-manufacturing park. General Site Information The Summerside Business Park is located in Summerside. The parcels of land that make up the park include roadways and infrastructure. Utilities within the park Electric...

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Souris Food Park

The Souris Food Park focuses on food processing and manufacturing sectors and is located in the Town of Souris, PE. The Port of Souris is the most diverse of all P.E.I. ports because it is a fishing port, a commercial shipping port and an inter-provincial ferry terminal, making...

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Tourism Financing Assistance

This program is designed to meet the particular needs of Prince Edward Island tourism operators for the following purposes: purchase of business expansion new construction repair or updating of fixed assets The amortization period must coincide with the expected life of the asset...

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Small Business Assistance

This program is designed to meet the special needs of Prince Edward Island's small business community and entrepreneurs for the following purposes: purchase and/or acquisition of business expansion new construction It does not provide working capital for the small business sector...

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Manufacturing and Processing Assistance

Finance PEI offers term loans for purchasing capital assets and operating loans for the business’ accounts receivable and inventory. Capital loans are to be amortized over the life expectancy of the asset and based on the company's operational cash flow. Maximum financing...

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