Business Development Supports
The Innovation and Development Labour Rebate (IDLR) is a refundable labour rebate, which may apply to projects in support of the development and/or commercialization of new products, processes, and services that will be sold primarily beyond the borders...
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...
The Human Resources Implementation Assistance is designed to help new, existing and growing Prince Edward Island business. This will build value in your small or medium sized company through strengthened human resource skills. The support offers...
The Information Technology Implementation Program contributes funds toward the cost of implementing the new IT strategies recommended through the Information Technology Planning Program or a similar assessment. This new technology should make your...
The Information Technology (IT) Planning Assistance is for helping new and existing Prince Edward Island small businesses get advice to estimate the information technologies needed for their business.
Innovation PEI assistance will be in the form of a...
The Productivity Improvement Assistance supports Prince Edward Island businesses to improve productivity in order to pursue trade and export opportunities more competitively in the global marketplace.
The project must provide economic benefit to the...
The Quality Improvement Support contributes to the cost for Prince Edward Island companies to hire a professional to create or improve a system for quality improvement within the company or provide a certified quality education program for management and...
The Rental Incentive Assistance contributes to rental costs for Prince Edward Island companies to establish a new business or to expand existing production capabilities. Assistance may be as:
a contribution towards the cost of leasing additional space...
The Specialized Labour Tax Credit provides an incentive for workers with specialized expertise or skills not yet available in Prince Edward Island to accept employment here.
Who is eligible for Specialized Labour Tax Credit?
The tax credit is paid to...
Web Presence Assistance provides a non-repayable contribution to Prince Edward Island businesses to assist them in establishing a presence on the Internet. The purpose of this assistance is to help Island companies increase business by creating a website...
Use this on-line form to apply for Business Development Assistance for your PEI business in one of the following areas:
business improvement,
business start up and expansion,
tax incentives, or
trade and marketing assistance.
What do I need to...
The PEl Product Development Assistance is available to Prince Edward Island companies to access professional and technical help when creating or improving a new food product or process. This technical help can be used to develop and test new and improved...
Applications for this program are now closed.
The COVID-19 Business Adaptation Advice program provides a non-repayable contribution to Prince Edward Island businesses, entrepreneurs, not-for-profits, and non-governmental organizations to access...
Please note this program has been extended to August 31, 2020.
The COVID-19 Workspace Adaption Assistance Fund provides a non-repayable contribution toward the cost of implementing a COVID-19 Operational Plan.
Who is eligible for funding?
Prince...
The Craft Development assistance gives financial help to Prince Edward Island craftspeople. This helps to expand the production of quality crafts for local and export market needs. Through this assistance, government offers help to people, businesses and...
The Development and Commercialization Fund assists businesses through the final stages of developing a new product or service. It supports the transition from successfully developed beta/pilot/prototype products to final stage refinements for full...
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 Human Resources Planning Assistance is designed to help your company to develop long-term human resource policies for the recruitment and retention of employees.
Am I eligible for the Human Resources Planning Assistance?
You are eligible if:
You...
The Ignition Fund is a competitive based innovation fund for entrepreneurs seeking start-up capital for a new business venture. Innovation PEI will invest seed capital that will allow the successful applicants to turn venture ideas into tangible, viable...
The Innovation and Development Labour Rebate (IDLR) is a refundable labour rebate, which may apply to projects in support of the development and/or commercialization of new products, processes, and services that will be sold primarily beyond the borders...
LaunchPad offers financial assistance to improve the success rate for start-up companies in Prince Edward Island.
Who is eligible for LaunchPad funding?
A new company starting in Prince Edward Island or established companies from outside the province...
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...
The Marketing Support Assistance helps Prince Edward Island businesses with their marketing costs from start-up through to international exporting. This assists companies as they undertake marketing research, advertising and promotion, and market...
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...
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...
The Professional Services Assistance provides a non-repayable contribution towards the cost for a Prince Edward Island small business to hire a professional for business development services.
The project must provide economic benefit to the province and...
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.
Am I eligible?
Assistance is open to eligible...