Open
Innovation and Development Labour Rebate Program
Last Update: March 24, 2026
Prince Edward Island, Canada
Supports innovation and development labour costs
Grant and Funding
Overview
This program supports innovation and development labour costs for eligible projects. The maximum funding amount is not available in the scraped information.
At a glance
Funding available
Financing goals
- Integrate new technologies
- Optimize production processes
- Develop employee skills
Eligible Funding
- No Condition
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Prince Edward Island
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Activities funded
Examples of admissible projects:
$ 50,000
Launching an innovative software solution from a new office
$ 87,500
Commercializing new organic farming techniques from Kensington targeting the global market
$ 37,500
Developing a new line of sustainable packaging for export from Charlottetown
$ 62,500
Introducing a new marine transport service from Charlottetown for international clients
$ 60,000
Developing a new AI-driven customer service platform from Cornwall for global businesses
$ 75,000
Expanding solar panel production facilities for international markets
How to apply
1
Consult with an Innovation PEI Business Development Officer
- Purpose: Obtain guidance on the suitability of the project and the application process.
- Implications: The officer may recommend alternative funding programs if the project is not a good candidate for the PEI Labour Rebate.
2
Prepare Business Information and Supporting Documents
- Purpose: Gather detailed business history, financial statements, business plan, and descriptions of the proposed project.
- Implications: The gathered documents should include economic benefits, cost estimates with quotations, and funding sources for the project.
3
Outline the History and Description of the Business
- Purpose: Provide a detailed history and operation description of the business.
- Implications: Existing businesses need to submit financial statements for the previous two years, while new businesses require a completed business plan.
4
Describe the Proposed Project
- Purpose: Present a detailed description of the project or activity related to the products and/or services delivered by the business.
- Implications: Include detailed information on estimated costs, economic benefits to the organization and PEI, and market position and projected market share.
5
Submit the Application
- Purpose: Complete the application form and attach all required supporting documents.
- Implications: Ensure the application is submitted before making any financial or legal commitments for the project to qualify for consideration.
6
Review and Acceptance
- Purpose: Await the review of your application by Innovation PEI.
- Implications: If approved, accept the letter of offer which will then constitute a contract between the government and the applicant.
