
ACOA Business Information Services — Prince Edward Island
Last Update: January 24, 2025
PE, Canada
Advice and expertise for entrepreneurs in Prince Edward Island
At a glance
Eligible Funding
- No Condition
Timeline
- Unspecified
Financing Type
Expert Advice
Eligible Industries
- All industries
Funds Providers
Unspecified
Program status
Open
Overview
Bilingual staff to help you navigate government programs and services, regulations and permits, taxation, importing and exporting and financing options and can also put together tailored market research packages.
Activities funded
Examples of admissible projects:
$ 100,000
Creating a new mobile app for a financial cooperative offering digital services
$ 50,000
Conducting in-depth market research for a start-up specializing in educational technology
$ 35,000
Developing a business plan for expanding a local non-profit's community outreach programs
$ 60,000
Setting up compliance systems for environmental regulations for a green tech company
$ 75,000
Launching an export program for a local food processor targeting the US market
$ 40,000
Developing a comprehensive marketing strategy for a local artisan cooperative
Eligibility
Who is eligible?
The Atlantic Canada Opportunities Agency's Business Information Services offers assistance to entrepreneurs and businesses seeking to start or grow their ventures in Atlantic Canada, with guidance available in areas such as planning, financing, and market research.
- Entrepreneurs looking to start a new business venture.
- Existing businesses aiming to grow within Atlantic Canada.
- Organizations needing assistance with business planning or financial options.
- Companies seeking guidance on government regulations and compliance.
- Businesses involved in importing or exporting goods and services.
Who is not eligible
There are specific types of companies that are not eligible for this grant.
- Companies involved in illegal activities
- Non-profit organizations
- Individuals not operating a business
Eligible expenses
This grant offers comprehensive support for businesses at various stages, from start-up to growth. It provides access to vital business planning resources, financial guidance, regulatory information, and market research tools to help businesses thrive.
- Providing guidance on business planning tailored to each specific business stage.
- Offering information on various funding opportunities, including loans, grants, and wage subsidies.
- Assisting with navigation of government regulations, including taxes, permits, and licenses.
- Supplying reliable market research information, including demographics, industry performance, and consumer trends.
- Access to a wide variety of business templates and start-up guides for business development.
- Professional review and feedback for business plans.
- Facilitating imports and exports knowledge to move goods across borders effectively.
Eligible geographic areas
This grant supports businesses located within specific regions in Atlantic Canada as determined by the Atlantic Canada Opportunities Agency (ACOA). These areas are strategically chosen to enhance regional economic growth and development.
- Nova Scotia
- New Brunswick
- Prince Edward Island
- Newfoundland and Labrador
Selection criteria
There are evaluation and selection criteria for this grant.
- Business viability and growth potential
- Alignment with program objectives
- Feasibility of the project
- Economic impact
- Financial need
How to apply
1
Initial Inquiry
- Contact ACOA's Business Information Services via phone at 1-888-576-4444 or email to discuss your business needs.
- Utilize the Business Benefits Finder on the web or the Canada Business app to identify suitable programs.
2
Program Identification
- Work with the ACOA team to determine the most relevant programs and supports based on your business objectives.
- Assess eligibility criteria and gather preliminary information on potential programs.
3
Application Preparation
- Gather all necessary documentation, including business plans, financial statements, and any required forms specified by the ACOA program of interest.
- Engage with ACOA advisors for a professional business plan review if needed.
- Utilize available business templates and startup guides to ensure a comprehensive application.
4
Submit Application
- Complete the application forms, ensuring all information is accurate and complete.
- Submit the application through the designated submission portal or method as instructed by the ACOA advisors.
5
Confirmation and Follow-Up
- Receive confirmation of your application submission and keep a record of any reference numbers or communications from ACOA.
- Prepare for any follow-up questions or requests for additional information from the ACOA team.
Additional information
Understanding the services provided by ACOA's Business Information Services can enhance the grant application process:
- ACOA provides free business support in both English and French, which can assist applicants in navigating grant requirements.
- The agency offers resources like business planning guides and financial benchmarking specific to industries.
- Applicants can access over 10,000 free business templates to help organize and prepare their applications.
- ACOA offers personalized support, reviewing professional business plans to increase the success rate of grant applications.
- The Canada Business app and Business Benefits Finder can help applicants identify additional programs and services beyond the grant in question.
Contacts
1-888-576-4444
Frequently Asked Questions about the ACOA Business Information Services — Prince Edward Island Program
Here are answers to the most common questions about the ACOA Business Information Services — Prince Edward Island. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the ACOA Business Information Services — Prince Edward Island?
How much funding can be received?
What expenses are eligible under ACOA Business Information Services — Prince Edward Island?
What is the deadline to apply?
Is the ACOA Business Information Services — Prince Edward Island a grant, loan, or tax credit?
Who are the financial supporters of the ACOA Business Information Services — Prince Edward Island?
Who is eligible for the ACOA Business Information Services — Prince Edward Island program?
Who can I contact for more information about the ACOA Business Information Services — Prince Edward Island?
Where is the ACOA Business Information Services — Prince Edward Island available?
Are startups eligible for the ACOA Business Information Services — Prince Edward Island program?
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