Growth and diversity of business and industry is the stronghold of the Prince Edward Island economy. Experienced guidance, financial assistance and strategic infrastructure can be available to support entrepreneurship, innovation and global success.
Experienced business development officers provide information, guidance and resources to new and existing entrepreneurs on PEI. Assistance and professional development is offered at key stages of business from start up to expansion and in essential areas including export, financing, and product research and innovation.
Any individual, company or organization, who can supply goods that the Province requires, is eligible to compete for Prince Edward Island Government business through the tendering process. The Province advertises and distributes tenders for goods and services online.
A renewed commitment to support a vibrant entrepreneurial culture in PEI is underway. Innovative and strategic support is available for existing and budding entrepreneurs to strengthen and expand a business. Find more detailed information in Requirements for Starting a Business
Access to financial capital is essential for small and medium-sized businesses to prosper and grow to full potential. Island manufacturers, processors and service providers, especially those exporting to domestic and international markets may be eligible for a repayable loan, rental subsidy, or a wage or tax incentive. Find more detailed information in Loans and Incentives.
Support is available for businesses to expand and become more competitive. Funding is available for eligible business innovations including creating new products, improving productivity and efficiency, or expanding domestic and international markets. Find more detailed information in Productivity and Innovation
Existing facilities and strategic industrial spaces across PEI attract and support new and growing business. Many properties can be customized according to needs. Current infrastructure supports business incubation, innovation, growth and success in areas such as bioscience, information technology, light manufacturing and food processing.