Open
Source verified August 10, 2026
Music PEI Funding Program
Development support for PEI music companies
Latest source updateLast Update: April 16, 2026Latest change: The Investment Program deadline has moved from January 30, 2026 to June 30, 2026.View change
Latest source update
Last Update: April 16, 2026
Latest change: The Investment Program deadline has moved from January 30, 2026 to June 30, 2026.
Music PEI deadline updated
Music PEI has updated the Investment Program deadline from January 30, 2026 to June 30, 2026. The countdown and deadline display now reflect the new submission date, while eligibility, funding terms, and application instructions remain unchanged.
Funding available
$ 8,000
Deadline
Open continuously
Location
Prince Edward Island, Canada
Overview
Business Development Stream supports Eligible Music Companies in Prince Edward Island by investing 80% of the Total Eligible Budget in development projects and business growth. Eligible costs include online learning programs, website development and maintenance, branding and design, and consulting fees.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop an online presence
- Access new markets
- Launch or market a product/service
Eligible Funding
- Maximum amount : 8,000 $
- Up to 80% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Prince Edward Island
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development projects that are not artist-specific
- Initiatives that support the marketing and promotion of the company, full roster, and its services
- One-time initiatives that help grow the business, earn new revenue, develop new skills, or expand the scope of the business
Documents Needed
- A clear and defined Business Development Plan that includes a budget of all expenses you will incur
Official resources
Program guide
Application form
Eligibility
Who is eligible?
- Eligible Music Companies
- Prince Edward Island owned businesses with at least a 51% Prince Edward Island client base
- Registered Prince Edward Island businesses with CRA business numbers for at least one year
Who is not eligible
- A non-Prince Edward Island Developing Company/Entrepreneur may not be the Applicant for a Prince Edward Island Artist
Eligible expenses
- Online learning programs, tutorials, and sessions
- Subscription services for necessary software or web applications
- Website development and/or maintenance costs
- Photos, Branding, & Design Costs
- Various types of consulting fees and other costs may be included on a case-by-case basis, but must be approved in advance by Music PEI
Ineligible Costs and Activities
- Any Artist-specific costs or costs incurred by or on behalf of a specific Artist
- Any costs already funded by public investments
- Overhead or day-to-day costs such as staff salaries, day-to-day office administration, equipment and supplies costs, rent, and occupancy costs
- Travel and registration costs for industry events
- Subscriptions to music streaming services such as Spotify, etc.
Eligible geographic areas
- Prince Edward Island
Selection criteria
- The jury’s evaluation of your project will be based on your Business Development Plan and how your project meets the goals of the Business Development program.
How to apply
- Ensure your Music PEI membership is active and in good standing at least one week before applying.
- Complete the online application webform.
- Attach the required Business Development Plan to the web form.
Processing and Agreement
- Review of applications takes four to six weeks from the date of Application.
- If successful, the applicant must enter into an Investment Agreement that sets out the terms of the investment.
- Once the Application is approved, changes with a budget impact of 25% or less of Eligible Costs may be made without Music PEI pre-approval.
- Music PEI may remove ineligible costs from the final Completion Budget, which may reduce the final payment.
Additional information
- Funding recipients are published after each round.
- Applicants can book an appointment with the Program Officer for guidance.
- Music PEI updates its investment program guidelines periodically.
Contacts
Frequently Asked Questions about the Music PEI Funding Program Program
What is the Music PEI Funding Program?
Business Development Stream supports Eligible Music Companies in Prince Edward Island by investing 80% of the Total Eligible Budget in development projects and business growth. Eligible costs include online learning programs, website development and maintenance, branding and design, and consulting fees.
How much funding can be received?
Music PEI Funding Program Funds up to 80% of admissible expenses, capped at $8,000 per project.
Who is eligible for the Music PEI Funding Program program?
To be eligible for the Music PEI Funding Program program, you must:
Prince Edward Island owned business with at least a 51% Prince Edward Island client base
Registered Prince Edward Island business with CRA business numbers for at least one year
Engaged in Artist Management, Booking Agent, Licensing/Sync, Music Publisher, Music Producer, Promoter, Publicity/Promotions, Record Label, or Recording Studio, and able to demonstrate core business revenues
What expenses are eligible under Music PEI Funding Program?
Development projects that are not artist-specific
Initiatives that support the marketing and promotion of the company, full roster, and its services
One-time initiatives that help grow the business, earn new revenue, develop new skills, or expand the scope of the business
Who can I contact for more information about the Music PEI Funding Program?
You can contact Music PEI by email at programs@musicpei.com or by phone at 902-894-6734.
Where is the Music PEI Funding Program available?
The Music PEI Funding Program program is available the province of Prince Edward Island.
Is the Music PEI Funding Program a grant, loan, or tax credit?
Music PEI Funding Program is a Grant and Funding