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Advanced Marine Technology Tax Rebate
Tax rebate for advanced marine technology companies
Last Update: April 9, 2026
Funding available
Varies by project
Timeline
- Open Date : July 3, 2015
Location
Prince Edward Island, Canada
Overview
This program provides a full yearly rebate on corporate income tax paid to Prince Edward Island for eligible advanced marine technology companies. It supports research, development, manufacturing, and export activities in the AMT sector.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new product or service
- Conduct research and development activities
- Access new markets
Eligible Funding
- Varies by project
Timeline
- Open Date : July 3, 2015
Eligible candidates
Eligible Industries
- Manufacturing
- Professional, scientific and technical services
Location
- Prince Edward Island
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- 15 employees minimum
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Research and development of advanced marine technology.
- Manufacture of advanced marine technology products and services.
- Export of marine technology solutions from Prince Edward Island.
Eligibility
Who is eligible?
- New advanced marine technology companies in Prince Edward Island.
- Existing advanced marine technology companies in Prince Edward Island.
Eligible geographic areas
- Prince Edward Island.
Processing and Agreement
- Applications are reviewed by Innovation PEI.
- Only eligible companies meeting the minimum criteria may be considered.
- Funding is not guaranteed for all eligible applicants.
- Applicants should consult Innovation PEI for guidance on their specific situation.
Additional information
- The rebate took effect on July 3, 2015.
- It is intended for eligible companies establishing operations in Prince Edward Island.
- Not all companies meeting the minimum criteria will necessarily receive support.
Contacts
Frequently Asked Questions about the Advanced Marine Technology Tax Rebate Program
Here are answers to the most common questions about the Advanced Marine Technology Tax Rebate. 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 Advanced Marine Technology Tax Rebate?
This program provides a full yearly rebate on corporate income tax paid to Prince Edward Island for eligible advanced marine technology companies. It supports research, development, manufacturing, and export activities in the AMT sector.
Who is eligible for the Advanced Marine Technology Tax Rebate program?
To be eligible for the Advanced Marine Technology Tax Rebate program, you must:
Advanced marine technology company in PEI.
At least 15 PEI employees.
Annual payroll of $700,000 or more.
What expenses are eligible under Advanced Marine Technology Tax Rebate?
Research and development of advanced marine technology.
Manufacture of advanced marine technology products and services.
Export of marine technology solutions from Prince Edward Island.
Who can I contact for more information about the Advanced Marine Technology Tax Rebate?
You can contact Innovation PEI by email at business@gov.pe.ca or by phone at (902) 368-6300.
Where is the Advanced Marine Technology Tax Rebate available?
The Advanced Marine Technology Tax Rebate program is available the province of Prince Edward Island.
Is the Advanced Marine Technology Tax Rebate a grant, loan, or tax credit?
Advanced Marine Technology Tax Rebate is a Tax Credits
Who are the financial supporters of the Advanced Marine Technology Tax Rebate?
Advanced Marine Technology Tax Rebate is funded by Innovation PEI