How much funding can be received?

Funds up to 75% of admissible expenses, capped at $3000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Export Trade Assistance?

Export Trade Assistance is funded by Innovation PEI, Government of Prince Edward Island

What are Export Trade Assistance's eligibility criterias?

The business must be located and actively operating in Prince Edward Island. The business must be an active exporter or export-ready. The business must operate within designated strategic sectors, such as bioscience, aerospace and defence, or information and communications technology.

Export Trade Assistance

PE, Canada

Funding to explore new global opportunities in PEI

grant_single|update January 24, 2025

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grant_single_labels|terms_and_conditions

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grant_single_labels|admissibility

grant_single_labels|criteria

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grant_single_labels|summary

grant_single|eligibleFinancing

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grant_single|timelineUnspecified

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Grant and Funding

grant_single|eligibleIndustries

Manufacturing
Information and cultural industries
Professional, scientific and technical services
Arts, entertainment and recreation

grant_single|grantors

Innovation PEI
Government of Prince Edward Island

grant_single|status

grant_card_status|open

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Get up to $3,000 to cover a maximum of 75% of the eligible expenses to get assistance in coordinated trade activities including virtual trade initiatives, travel related activities and incoming buyer assistance focused on bringing buyers and business part

grant_single_labels|terms_and_conditions

This grant provides financial assistance for Prince Edward Island businesses to engage in global trade activities, with varying levels of support depending on the type of activity. The financing modalities are tailored to specific trade engagement events and activities.

Up to 40% of eligible costs for participation in Innovation PEI Global Trade coordinated trade activities, including travel-related expenses, limited to 2 representatives per business.
Up to 40% of eligible costs for virtual trade activities, with a maximum contribution of $3,000, covering virtual preparation and participation costs, limited to three activities per year per business.
Up to 75% of eligible costs, with a maximum contribution of $3,000, for bringing a qualified buyer or partner to PEI, limited to two activities per year per business, with the business covering the remaining 25% of costs.
Total non-repayable government funding per application cannot exceed 75% of eligible costs.
Additional COVID-19 related travel expenses are not eligible for funding.

grant_single_labels|projects

The Export Trade Assistance grant provides support to businesses in Prince Edward Island for activities aimed at enhancing their export capabilities. The eligible projects focus on facilitating participation in global trade initiatives and bringing potential buyers to the province.

Participation in outbound trade missions and trade shows coordinated by Innovation PEI, covering travel, accommodation, and per diem costs for up to two representatives per business.
Engagement in virtual trade activities, including registration fees, virtual booth setup, and digital marketing consultancy fees, with a limit of three activities per business annually.
Arranging visits for qualified buyers or partners to Prince Edward Island, covering travel, accommodation, and per diem costs, with a limit of two visits per business annually.

grant_single|admissibleProjectsExample

$ 2,400

Bring international buyers to Montreal for facility visits and familiarization tours

$ 2,175

Organize a virtual trade show to connect with international buyers

$ 1,125

Travel to Calgary for an Innovation PEI Global Trade mission

$ 1,950

Set up a virtual booth at an international trade fair from Halifax

$ 1,950

Participate in a trade show to showcase eco-friendly products

$ 2,175

Engage in virtual trade activities to enter new markets from Winnipeg

grant_single_labels|admissibility

Eligibility for this grant program requires that businesses meet specific criteria related to location, operations, and industry sector.

The business must be located in Prince Edward Island.
The business must be registered to conduct business and actively operate in Prince Edward Island.
The business must be an active exporter or an export-ready business.
The business must export products and/or services that it manufactures, processes, or develops primarily for export.
The business must operate within one of the following strategic sectors:
- Bioscience
- Aerospace and defence
- Advanced manufacturing and processing
- Food, seafood, and beverage processors/manufacturers
- Renewable energy and clean technology
- Information and communications technology
- Professional services
- Creative and cultural industries
First-of-its-kind exportable goods or services in other sectors may be considered.
Retail and consumer service businesses are ineligible.
Businesses with a defaulted outstanding debt obligation on file in the Province’s Central Default Registry are ineligible.
New project submissions from applicants in default on any reporting, project completion, or financial obligation to Innovation PEI will not be reviewed until a resolution to the default is reached.

grant_eligibility_criteria|who_can_apply

Eligible applicants for Export Trade Assistance must be businesses located in Prince Edward Island that are registered and actively operating in the province. They should be active exporters or export-ready businesses exporting products or services they manufacture, process, or develop for export. Additionally, these businesses must operate within one of the strategic sectors such as bioscience, aerospace and defence, advanced manufacturing and processing, food, seafood, and beverage processors/manufacturers, renewable energy and clean technology, information and communications technology, professional services, creative and cultural industries. First-of-its-kind exportable goods or services in other sectors may also be considered.

grant_eligibility_criteria|who_cannot_apply

This grant excludes certain companies and industries due to their status or main activity. The restrictions aim to ensure that funds are directed toward strategic sectors aligned with the grant's objectives.

Retail and consumer service businesses.
Businesses with a defaulted outstanding debt obligation in the Province's Central Default Registry.

grant_eligibility_criteria|eligible_expenses

The Export Trade Assistance grant supports initiatives aimed at aiding Prince Edward Island businesses in expanding their global reach. The eligible activities focus on facilitating various trade-related tasks and promoting international business relations.

Participation in outbound trade missions and trade shows with associated travel-related expenses.
Engagement in virtual trade environments, including digital preparation and participation costs.
Bringing qualified buyers or partners to Prince Edward Island for facility visits or familiarization tours.

grant_eligibility_criteria|zone

This grant is available only to businesses located in Prince Edward Island, Canada. The geographical eligibility is exclusive to support local businesses in this region for export-related activities.

Businesses located in Prince Edward Island.

grant_single_labels|criteria

The evaluation and selection of projects for the Export Trade Assistance grant are based on several key criteria to determine the potential benefits and viability of the proposed activities.

Potential for long-term viability.
Export sales potential.
Qualifications and track records of managers.
Economic benefit to the province and business.
Availability of assistance funds.
Employment creation.
Level of assistance from other government programs offered or available.

grant_single_labels|apply

grant_single_labels|otherInfo

This grant is designed to support PEI businesses in global trade activities with specific guidelines and a structured application process.

Applications are reviewed on a first-come, first-serve basis.
Innovation PEI reserves the right to deny applications or payment requests if fraud is suspected.
An application must be submitted before any financial or legal commitment is made on the project.
Further application details include the history and description of the business, annual sales and market details, and a detailed budget of estimated costs supported by written quotations.