Closed
Source verified July 6, 2026
Music PEI Funding Program
Support for PEI music company development
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
$ 4,000
Deadline
April 30, 2024
Location
Prince Edward Island, Canada
Overview
Music PEI’s Investment Program supports eligible music companies in Prince Edward Island through the Business Development Stream. It funds non-artist-specific development initiatives that support marketing, promotion, website work, branding, design, consulting, and online learning.
/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 : 4,000 $
- Up to 80% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Prince Edward Island
Legal structures
- Non-profit
- Sole proprietorship
- Public or Parapublic institution
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Non-profit candidates
Sector of operation
- Culture and Arts
- Economic, Social and Community Development
Target groups
- Business owners / entrepreneurs
- Artists / creatives
Revenue structures
- All structures
Scope
- Provincial
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
Documents Needed
- A clear and defined Business Development Plan
- 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, and design costs
- Consulting fees considered on a case-by-case basis and approved in advance by Music PEI
Ineligible Costs and Activities
- Artist-specific costs or costs incurred by or on behalf of a specific Artist
- 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
- Food, beverage, and Artist costs associated with company showcases or receptions
Eligible geographic areas
- Prince Edward Island
Selection criteria
- Project Concept is weighted at 35%.
- Project Execution is weighted at 30%.
- Project Partners are weighted at 15%.
- Financing is weighted at 10%.
- Presentation is weighted at 10%.
- Gut Feeling is weighted at 5%.
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
- Applications are assessed by a jury using a scoring rubric.
- The jury evaluates Project Concept, Project Execution, Project Partners, Financing, Presentation, and Gut Feeling.
- Music PEI and the applicant must execute the investment agreement before the advance is paid.
- The remainder of the investment is paid when the Final Report has been received, reviewed, and accepted by Music PEI.
- Final Reports must be submitted no later than thirty days after the project has been completed.
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?
Music PEI’s Investment Program supports eligible music companies in Prince Edward Island through the Business Development Stream. It funds non-artist-specific development initiatives that support marketing, promotion, website work, branding, design, consulting, and online learning.
How much funding can be received?
Music PEI Funding Program Funds up to 80% of admissible expenses, capped at $4,000 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 eligible music business activities and able to show 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
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