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The Government of Prince Edward Island supports economic growth and community development by providing various grants and funding opportunities for businesses, non-profits, and community groups. Through programs like Innovation PEI and the Community Grants Program, the government fosters innovation, strengthens agriculture, and preserves cultural and natural resources, enhancing the quality of life for its residents.
The Government of Prince Edward Island (PEI) plays a pivotal role in facilitating economic growth and community development across the province. As the smallest Canadian province, PEI combines a vibrant mix of agriculture, tourism, fisheries, and emerging industries like technology and biosciences. To catalyze economic development and ensure the socio-economic well-being of its residents, the government provides various grants and funding opportunities tailored to businesses, non-profit organizations, and community groups.
One of the primary financial support mechanisms offered by the PEI government is through Innovation PEI, the lead economic development agency within the province. Innovation PEI focuses on advancing innovation and supporting business endeavors that contribute to economic diversification and growth. The agency provides a range of grants, tax incentives, and funding programs aimed at businesses in different stages of development, from startup to expansion.
For businesses, one of the key programs is the Development and Commercialization Fund, which helps businesses with costs associated with product development and market commercialization. It targets companies that innovate and contribute to export-driven economic success. Another notable program is the Capital Acquisition Support, which subsidizes costs related to acquiring capital infrastructure that is essential for business growth.
Emerging sectors such as technology and biosciences have access to specific innovation vouchers under the Startup Visa Program, targeting international entrepreneurs who bring innovative ideas and investment to PEI. This aligns with the provincial goal of fostering a more competitive, innovative, and sustainable tech ecosystem.
Non-profit organizations in PEI also have access to a variety of funding opportunities, largely administered by the PEI Department of Social Development and Housing and other relevant departments. These funds are essential for organizations working in areas like social services, community development, culture, and heritage. The Island Community Fund, for example, is designed to promote sustainable community and cultural development by supporting projects that build or renHovate infrastructure, promote culture, and enhance tourism offerings.
The government operates the Community Grants Program, aimed at supporting projects and events that contribute to the vibrant social fabric of PEI. This program provides funding for initiatives ranging from community festivals to heritage preservation projects, bringing together residents of all ages while often attracting tourists.
Moreover, the provincial government emphasizes the importance of agriculture as a backbone of its economy. Through the Department of Agriculture and Land, grants are provided to support sustainable farming practices and value-added projects that enhance the appeal and marketability of PEI products.
In the realm of environmental sustainability, the government reinforces its commitment to a greener future through the Watershed Management Fund and other eco-centric grants. These initiatives support landowners, NGOs, and research groups working towards the conservation and enhancement of natural habitats and resources.
The Government of Prince Edward Island consistently demonstrates its commitment to nurturing economic and community development through strategic funding and grant programs. By doing so, it aims to create a thriving economic environment that supports business innovation, empowers non-profits, and enriches the quality of life for all Islanders. Through these numerous programs, the province builds a diversified and resilient economy while preserving its rich cultural heritage and natural beauty.
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Grant and Fundinggrant_card_status|open
Insurance to protect farming operations in Prince Edward Islands
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- Agriculture, forestry, fishing and hunting
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ENVIRONMENT AND CLIMATEBUSINESS BUYOUT

Loans and Capital investmentsgrant_card_status|open
Loan to purchase farmland in Prince Edward Island (PEI)
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BUSINESS BUYOUT

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Funding to implement innovative technologies in P.E.I. agriculture and agri-food
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- Agriculture, forestry, fishing and hunting
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COMMERCIALIZATIONTECHNOLOGYENVIRONMENT AND CLIMATEINNOVATION

Wage Subsidies And Internsgrant_card_status|open
Get a wage subsidy to hire post-secondary graduates
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HUMAN RESOURCES

Grant and Fundinggrant_card_status|closed
Financial support for arts community in PEI
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- Arts, entertainment and recreation
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Support for new entrants to the lobster fishery in Prince Edward Island
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- Agriculture, forestry, fishing and hunting
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BUSINESS BUYOUT

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Funds for PEI businesses to attract investors
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- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Arts, entertainment and recreation
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COMMERCIALIZATIONTECHNOLOGYINNOVATION

Wage Subsidies And Internsgrant_card_status|open
Get a wage subsidy to hire an employee
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- grant_card|noCondition
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HUMAN RESOURCES

Grant and Fundinggrant_card_status|closed
Financing for PEI businesses to bring new products to market
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- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Arts, entertainment and recreation
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COMMERCIALIZATIONINNOVATION

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Funding to support organic farming in Prince Edward Island
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COMMERCIALIZATIONTECHNOLOGYENVIRONMENT AND CLIMATE

Loans and Capital investmentsgrant_card_status|open
Loan for PEI entrepreneurs
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- Retail trade
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BUSINESS BUYOUT

Loans and Capital investmentsgrant_card_status|closed
Loan to purchase or refurbish capital assets in Prince Edward Island (PEI)
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- Manufacturing
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BUSINESS BUYOUT

Grant and Fundinggrant_card_status|open
Money to help agri-businesses in Prince Edward Island grow
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- Agriculture, forestry, fishing and hunting
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COMMERCIALIZATION

Grant and Fundinggrant_card_status|closed
Funding for specialized equipment in Prince Edward Island for organic farming
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- Agriculture, forestry, fishing and hunting
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TECHNOLOGY

Grant and Fundinggrant_card_status|open
Contribution to cover Prince Edward Island (PEI) business rental costs
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- Manufacturing
- Information and cultural industries
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Loans and Capital investmentsgrant_card_status|open
Loan for Prince Edward Island (PEI) businesses to acquire, expand, manage debt or build retail malls
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CONSTRUCTION AND RENOVATION BUSINESS BUYOUT

Loans and Capital investmentsgrant_card_status|open
Micro-loans for PEI entrepreneurs
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- Agriculture, forestry, fishing and hunting
- Manufacturing
- Retail trade
- Other services (except public administration)
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BUSINESS BUYOUT

Grant and Fundinggrant_card_status|closed
Money for small business improvement in PEI
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COMMERCIALIZATION

Grant and Fundinggrant_card_status|open
Funding to increase profitability of PEI livestock industry
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- Agriculture, forestry, fishing and hunting
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ENVIRONMENT AND CLIMATE

Grant and Fundinggrant_card_status|open
Business training and planning funding for agri-businesses in Prince Edward Island
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- grant_card|noCondition
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COMMERCIALIZATION

Tax Creditsgrant_card_status|open
Rebates for manufacturing and processing exporters in PEI
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- grant_card|projectCostPercent
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- Manufacturing
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TECHNOLOGYENVIRONMENT AND CLIMATEINNOVATION

Grant and FundingExpert Advicegrant_card_status|open
Support for Prince Edward Island (PEI) entrepreneurs
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- grant_card|noCondition
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- Manufacturing
- Retail trade
- Information and cultural industries
- Accommodation and food services
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COMMERCIALIZATIONTECHNOLOGYBUSINESS BUYOUTINNOVATIONDIGITAL TRANSFORMATION

Wage Subsidies And Internsgrant_card_status|open
Wage subsidy for rural PEI businesses
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HUMAN RESOURCES

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Money to increase online sales for PEI businesses
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- Retail trade
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DIGITAL TRANSFORMATION

Grant and Fundinggrant_card_status|closed
Funding for agricultural land sustainability in Prince Edward Island
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- grant_card|noCondition
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- Agriculture, forestry, fishing and hunting
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ENVIRONMENT AND CLIMATE

Grant and Fundinggrant_card_status|open
Funding to train employees
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HUMAN RESOURCES

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Marketing support for Prince Edward Island (PEI) businesses
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- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
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DIGITAL TRANSFORMATION

Expert Advicegrant_card_status|open
Opportunities to sell to the Government of Prince Edward Island
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CONSTRUCTION AND RENOVATION

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Funding to explore new global opportunities in PEI
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- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Arts, entertainment and recreation
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COMMERCIALIZATIONTECHNOLOGYINNOVATIONDIGITAL TRANSFORMATION

Wage Subsidies And Internsgrant_card_status|closed
Wage subsidy to hire a student
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- grant_card|noCondition
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HUMAN RESOURCES

Grant and Fundinggrant_card_status|closed
Funding to promote agriculture in Prince Edward Island
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ENVIRONMENT AND CLIMATE

Grant and Fundinggrant_card_status|open
Funding for short-term applied research in Prince Edward Island agriculture
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- grant_card|maxCount
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- Agriculture, forestry, fishing and hunting
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COMMERCIALIZATIONTECHNOLOGYENVIRONMENT AND CLIMATEINNOVATION

Grant and Fundinggrant_card_status|open
Funding to increase profitability of PEI livestock industry
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- grant_card|maxCount
- grant_card|projectCostPercent
grant_card|eligibleIndustries
- Agriculture, forestry, fishing and hunting
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ENVIRONMENT AND CLIMATEINNOVATION

Grant and Fundinggrant_card_status|open
Funding to increase profitability of PEI livestock industry
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- grant_card|projectCostPercent
grant_card|eligibleIndustries
- Agriculture, forestry, fishing and hunting
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ENVIRONMENT AND CLIMATE

Grant and Fundinggrant_card_status|open
Funding to increase agricultural sustainability in PEI
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- grant_card|maxCount
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grant_card|eligibleIndustries
- Agriculture, forestry, fishing and hunting
grant_card|eligibleProjects
TECHNOLOGYENVIRONMENT AND CLIMATE

Wage Subsidies And Internsgrant_card_status|open
Wage subsidy for rural PEI businesses
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- grant_card|maxCount
- grant_card|projectCostPercent
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HUMAN RESOURCES

Grant and Fundinggrant_card_status|open
Funding to help Prince Edward Island organic businesses increase market share
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COMMERCIALIZATIONTECHNOLOGY

Grant and Fundinggrant_card_status|open
Funding to support new farmers
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- Agriculture, forestry, fishing and hunting
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BUSINESS BUYOUT

Grant and Fundinggrant_card_status|open
Money to help agri-businesses in Prince Edward Island grow
grant_card|eligibleFinancing
- grant_card|maxCount
- grant_card|projectCostPercent
grant_card|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Wholesale trade
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COMMERCIALIZATION

Grant and Fundinggrant_card_status|closed
Funding for short-term applied research in Prince Edward Island agriculture
grant_card|eligibleFinancing
- grant_card|maxCount
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grant_card|eligibleIndustries
- Agriculture, forestry, fishing and hunting
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COMMERCIALIZATIONTECHNOLOGYENVIRONMENT AND CLIMATEINNOVATION

Grant and Fundinggrant_card_status|open
Support for francophone culture in PEI
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- grant_card|projectCostPercent
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- Information and cultural industries
- Arts, entertainment and recreation
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Wage Subsidies And Internsgrant_card_status|closed
Wage subsidies for Prince Edward Island (PEI) employers to hire job seekers
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- grant_card|maxCount
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grant_card|eligibleProjects
HUMAN RESOURCES

Loans and Capital investmentsgrant_card_status|open
Loan to purchase farm land in Prince Edward Island
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- grant_card|projectCostPercent
grant_card|eligibleIndustries
- Agriculture, forestry, fishing and hunting
grant_card|eligibleProjects
BUSINESS BUYOUT

Grant and Fundinggrant_card_status|open
Financial help for Prince Edward Island businesses
grant_card|eligibleFinancing
- grant_card|maxCount
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grant_card|eligibleIndustries
- Manufacturing
- Information and cultural industries
- Arts, entertainment and recreation
grant_card|eligibleProjects
TECHNOLOGY

Grant and Fundinggrant_card_status|open
Funding for short-term applied research in Prince Edward Island agriculture
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- grant_card|maxCount
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Grant and FundingExpert Advicegrant_card_status|open
Funding for professional help to create or improve a food product or process in PEI
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- grant_card|noCondition
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Tax Creditsgrant_card_status|open
No corporate tax for aerospace and defence employers in PEI
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- grant_card|noCondition
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- Manufacturing
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BUSINESS BUYOUT

Tax Creditsgrant_card_status|open
Tax credit for marine technology companies
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- grant_card|projectCostPercent
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- Manufacturing
- Professional, scientific and technical services
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COMMERCIALIZATIONTECHNOLOGY

Loans and Capital investmentsgrant_card_status|open
Loans for Prince Edward Island (PEI) tourism businesses
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CONSTRUCTION AND RENOVATION

Grant and Fundinggrant_card_status|open
Tax credit for development and commercialization in Prince Edward Island (PEI)
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- grant_card|noCondition
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COMMERCIALIZATIONHUMAN RESOURCESINNOVATION

Loans and Capital investmentsgrant_card_status|open
Loan to finance tourism operating costs in Prince Edward Island (PEI)
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- grant_card|projectCostPercent
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- Arts, entertainment and recreation
- Accommodation and food services
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CONSTRUCTION AND RENOVATION BUSINESS BUYOUT

Loans and Capital investmentsgrant_card_status|open
Loan to purchase inventory or for day-to-day operating costs in Prince Edward Island
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- grant_card|projectCostPercent
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- Manufacturing
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Grant and Fundinggrant_card_status|open
Financial support to improve PEI businesses
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TECHNOLOGYENVIRONMENT AND CLIMATEHUMAN RESOURCESINNOVATIONDIGITAL TRANSFORMATION

Grant and Fundinggrant_card_status|open
Funds for risk management on Prince Edward Island farms
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- grant_card|noCondition
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- Manufacturing
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ENVIRONMENT AND CLIMATEHUMAN RESOURCES

Grant and Fundinggrant_card_status|closed
Funding for beneficial agriculture management practices in Prince Edward Island
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ENVIRONMENT AND CLIMATE

Grant and Fundinggrant_card_status|open
Funding to convert agricultural land in Prince Edward Island
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- grant_card|fromMinToMax
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grant_card|eligibleIndustries
- Agriculture, forestry, fishing and hunting
grant_card|eligibleProjects
TECHNOLOGY

Wage Subsidies And Internsgrant_card_status|closed
Wage subsidy to hire a student
grant_card|eligibleFinancing
- grant_card|noCondition
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Grant and Fundinggrant_card_status|open
Funding to increase agricultural sustainability in PEI
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Grant and Fundinggrant_card_status|open
Funds for food literacy and security projects in Prince Edward Island
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- Agriculture, forestry, fishing and hunting
- Educational services
- Health care and social assistance
- Other services (except public administration)
grant_card|eligibleProjects
ENVIRONMENT AND CLIMATE

Grant and Fundinggrant_card_status|closed
Funding for Prince Edward Island to commercialize new food products
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- Agriculture, forestry, fishing and hunting
- Manufacturing
grant_card|eligibleProjects
COMMERCIALIZATION

Grant and Fundinggrant_card_status|open
Funding to increase profitability of PEI livestock industry
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- grant_card|noCondition
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- Agriculture, forestry, fishing and hunting
- Public administration
grant_card|eligibleProjects
TECHNOLOGYENVIRONMENT AND CLIMATEINNOVATION