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Before starting your claim: Individual receipts must be valued at greater than $50.00 All expenses must be incurred between April 1 and March 31. The Company's request for payment must be submitted to Innovation PEI not later than May 31. Ensure you have electronic copies of all...
There are four common types of business ownership. Which structure you choose will depend on key factors; the nature of your business operation, whether you prefer to have full control of your business or want to share management responsibilities, and who you want to be...
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 successful business. Who is...
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...
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 financial assistance to local PEI Internet service providers (ISPs), communities, and businesses for the installation of infrastructure for enhanced broadband services. Through this program, support is provided for increased service levels, improved access and consumer choice across the province with a focus on rural communities. Am I eligible? You may be...
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 and capacity of the domestic PEI film and television production industry; Support the development of PEI creative industries and workers; Provide eligible PEI producers with an opportunity to be more competitive in attracting financing and co-production opportunities; and Provide cultural benefits to Islanders by supporting the creation of Prince...
Your business plan is a put-your-thoughts-down-in-writing approach to bringing your business from an idea to reality. It is a clear description of your business, a written summary of what you hope to accomplish in business and how you intend to organize your resources in order to...
The Trade Assistance helps your Prince Edward Island small business to explore new business opportunities by participating in coordinated outbound trade missions and trade shows focused on international exporting (in-market business to business missions, trade shows and...
Developing a successful marketing strategy requires careful planning based on quality research. Much of that planning can and should happen before your product or service is ready for sale. Your marketing goal is to present your product or service in a way that will motivate as...
PEI continued to experience continued export growth in 2024. Values of international exports expanded to approximately $2.6 billion, a new all-time high. International exports for Prince Edward Island were valued at $218.7 million in December of 2024, 9.4% higher than the same...