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The PEI Labour Rebate (PLR) supports the growth of Island businesses through a refundable labour rebate on incremental job creation. Employment growth must be linked to the development, expansion and/or commercialization of new products, processes, and services that will be sold primarily beyond the borders of PEI. Who is eligible for PEI Labour Rebate? To be an eligible applicant, a business must be located in Prince Edward Island and: be registered to conduct business and actively operating in Prince Edward Island; manufactures, processes, or develops goods or services primarily for export...

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...

Rental Incentive Assistance contributes to rental costs for Prince Edward Island businesses to establish a new business or to expand existing production capabilities. Who is eligible for Rental Incentive Assistance? To be an eligible applicant, a business must be located in Prince Edward Island and: be registered to conduct business and actively operating on 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 manufacturing and processing renewable energy and...

Strategic Improvement Assistance supports Prince Edward Island businesses undertaking strategic activities to become more productive, profitable and competitive. The program supports costs for outside professional expertise required for projects related to improving operational efficiencies, internal planning or processes, and quality assurance. Who is eligible for Strategic Improvement Assistance? To be an eligible applicant, a business must be located in Prince Edward Island and: registered to conduct business and actively operating on Prince Edward Island; manufactures, processes, or...

Capital Acquisition Assistance supports Prince Edward Island businesses investing in technology, equipment, and infrastructure needed to grow their business and increase capacity and competitiveness. The program provides businesses with financial assistance to leverage other traditional and non-traditional financing and reduce risk. Who is eligible for Capital Assistance funding? To be an eligible applicant, a business must be located in Prince Edward Island and: be registered to conduct business and actively operating on Prince Edward Island; manufactures, processes, or develops goods or...