Business Development Supports
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...
The COVID-19 Special Leave Fund is a temporary support for workers and self-employed people who are unable to work due to illness or COVID-19 testing or self-isolation requirements, and who do not qualify for the Canada Recovery Sickness Benefit or have...
The Equity Investors Incentive provides new and expanding businesses in Prince Edward Island with a tool to encourage and attract private sector investment. The program provides a non-repayable incentive to investors to encourage investment in an...
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...
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...
The Graduate Students and Post-doctoral Fellowship supports students and fellows wishing to undertake innovative research on industry relevant projects under the guidance of a strong research team and supervisor.
The project must provide economic...
The Ignition Fund is a competitive based fund for entrepreneurs seeking start-up capital for a new innovative business venture or to develop and launch a new innovative product. The fund invests seed capital that will allow successful applicants to turn...
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...
LaunchPad PEI is a non-profit incubator managed by Innovation PEI that supports the growth of innovative companies in Prince Edward Island. LaunchPad PEI is a designated incubator for the Start-up Visa Program and engages a network of partners to offer...
The Live Lobster Holding Assistance is designed to address space issues and to manage the market supply of live and processed lobsters on PEI. Through this program, government can provide financial help for the building and growth of land based live...
Marketing Assistance helps Prince Edward Island businesses with marketing costs to execute exporting plans and activities. The fund enables businesses to accelerate sales and increase their market reach.
Who is eligible for Marketing Assistance?
To be...
The PEI Broadband Fund (PEIBF) Residential Pilot provides financial assistance for Prince Edward Island residents to have an internet service provider complete work that will allow the resident to receive wireless internet service or improved wireless ...
The PEI Film Media Fund supports the development, growth and sustainability of homegrown, independent film in the private-sector film, television and video industry in Prince Edward Island.
The objectives of the Fund are to:
Build the sustainability...
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...
1. What is the start date of the program?
Applications will be accepted for work/solutions implemented on or after August 25, 2020. Projects of $500 or greater require prior approval before work commences.
2. What is the end date of the program...
Pilot and Discovery provides early stage capital for a new or existing business to accelerate the research and development phases of a new product, service or process. Funding is available to ease the financial burden of developing a prototype, alpha or...
Overview
The availability of stable, high-speed Internet infrastructure is critical for access to essential resources and public services, and to enable economic growth and diversification. The Prince Edward Island Broadband Fund (PEIBF) provides...
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...
To encourage the creation and viability of small businesses in Prince Edward Island, Small Business Assistance supports activities that increase productivity and competitiveness. The program supports eligible costs related to internal planning and...
By submitting the Small Business Assistance application (the “Application”), the applicant (the “Business”) agrees to the following Terms and Conditions of the Small Business Assistance program (the “Grant”). These Terms and Conditions, the Application...
The Small Business Investment Grant helps Prince Edward Island’s small businesses improve efficiency and innovation by way of a non-repayable financial contribution toward eligible capital asset costs.
Who is eligible for Small Business Investment...
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...
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...