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Equipment Purchase and/or Renovations
The Capital Acquisition Support provides financial help to Prince Edward Island businesses in getting the infrastructure needed from start-up to international exporting. Through this program, business and government work together at those times when the business is most exposed...
Low-interest Loans and new grants announced to add or expand child care centres
The provincial government is launching three new programs to provide financial assistance to operators and developers interested in building or renovating facilities for new or expanded Early Years Centres (EYCs). The Department of Education and Early Years, in partnership with...
Enriched Investment Tax Credit
The Enriched Investment Tax Credit complements the existing PEI Corporate Investment Tax Credit of 10 per cent. The tax credit is applied to certain capital investments made by manufacturing and processing businesses. Who is eligible for Enriched Investment Tax Credit? To be an eligible applicant, a business must be located in Prince Edward Island and: be registered to do business and actively operating in Prince Edward Island; manufactures, processes, or develops goods or services primarily for export; operates within one of these strategic sectors: bioscience aerospace and defence advanced...
Government and industry introduce winter tourism strategy
Today, at the Tourism Industry Association of Prince Edward Island (TIAPEI) AGM and Conference, Prince Edward Island’s first-ever winter tourism strategy was unveiled. Embrace the Seasons: A Seasonal Expansion Strategy for Tourism on PEI will build on Prince Edward Island’s...
Ignition Fund deadline fast approaching
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....
Growing Atlantic Canada’s biomanufacturing capacity
Federal and provincial governments are working closely with industry to boost Canada's biomanufacturing and life sciences industries. In Prince Edward Island, the bioscience community works with organizations and businesses throughout Atlantic Canada to advance an innovative...
Building plans for Cleantech Innovation Centre unveiled
Plans for the Cleantech Park in Georgetown, which include the Cleantech Innovation Centre (CIC), were made public today. CIC will house the Cleantech Academy, a joint initiative between Holland College and UPEI. Students will work collaboratively with local industry to develop...
The PEI Advantage
As the lead economic development agency for Prince Edward Island, Innovation PEI works as a team with other levels of government through Innovation PEI to provide you with timely one-stop investment services. Innovation PEI is the most responsive and client-focused business...