PEI — Business Development Program
PE, Canada
Business training and planning funding for agri-businesses in Prince Edward Island
grant_single|update January 24, 2025
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Government of Prince Edward Island
- Department of Agriculture and Land (PEI)
grant_single|status
grant_card_status|open
grant_single_labels|preview
The grant program offers a maximum funding amount of CAD 100,000, aimed at supporting innovative technology projects that enhance productivity and competitiveness in the Canadian market. Eligible activities include research and development, prototype testing, and commercialization efforts.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$ 15,000
Benchmarking cattle ranching operations against industry standards
$ 70,000
Expanding the domestic market for organic strawberries
$ 60,000
Launching a skills training program for dairy farm employees
$ 15,000
Creating a business plan for a new farm-to-table restaurant
$ 15,000
Risk management training for vegetable growers
$ 70,000
Organizational development for the Maritime Grain Producers Association
grant_single_labels|admissibility
The Business Development Program specifies eligibility criteria for each of its four sub-programs. Below are the summarized criteria for each sub-program:
- Training Sub-Program:
- Mi’kmaq First Nations and other Indigenous groups
- Agricultural producers
- Farm employees
- Small to medium-sized agri-businesses
- Agri-processors
- Agriculture industry organizations, clubs, and associations
- Others may be considered upon request
- Business Planning Sub-Program:
- Mi’kmaq First Nations and other Indigenous groups
- Agricultural producers
- Small to medium-sized agri-businesses
- Agri-processors
- Agriculture industry organizations, clubs, and associations
- Others may be considered upon request
- Benchmarking and Risk Management Sub-Program:
- Mi’kmaq First Nations and other Indigenous groups
- Agricultural producers
- Small to medium-sized agri-businesses
- Agri-processors
- Agriculture industry organizations, clubs, and associations
- Others may be considered upon request
- Building Sector Capacity Sub-Program:
- Mi’kmaq First Nations and other Indigenous groups
- Agriculture industry organizations, clubs, and associations
- Municipal and provincial government
grant_eligibility_criteria|who_can_apply
Yes. The Business Development Program has specific types of eligible companies that can apply for funding:
- Agricultural producers
- Small to medium-sized agri-businesses
- Agri-processors
- Agriculture industry organizations, clubs, and associations
- Mi’kmaq First Nations and other Indigenous groups
- Municipal and provincial government
grant_eligibility_criteria|who_cannot_apply
Some types of companies may not be eligible for this grant. These can include:
- Non-profit organizations
- Government entities
grant_eligibility_criteria|eligible_expenses
The Business Development Program covers a range of eligible expenses aimed at enhancing the capacity of agricultural producers and businesses in PEI.
- Skills training
- Business planning
- Organizational development
- Benchmarking activities
- Risk management activities
- Market expansion initiatives
grant_single_labels|register
- Step 1: Obtain the Application Form and Appendices
- Visit the PEI Department of Agriculture's website or contact them via email or phone to get the Business Development Program General Application Form and the required appendices relevant to the sub-program you're applying for.
- Step 2: Collect Applicant Information
- Prepare your contact information, including business or organization details, CRA registration number, and partnership information if applicable.
- Step 3: Define the Project
- Specify the project start and end date.
- Step 4: Identify Additional Funding Sources
- List any other sources of funding that will be used for the project.
- Step 5: Classify Recipient and Industry Type
- Identify the recipient type (primary producer, agricultural landowner, processor) and the type of industry (dairy, potato, beef, hog, grains and oilseeds).
- Step 6: Provide Declaration and Consent
- Sign the application form to declare and give consent for personal information.
- Step 7: Submit Demographic Information (optional)
- Provide optional demographic information if desired.
- Step 8: Complete Relevant Appendices
- Complete respective appendices according to the sub-program you're applying for, for example:
- Appendix A: Training Sub-Program (Agri-Skills Individual Training)
- Appendix B: Group Training, Organizational Development, Benchmarking, Business Planning
- Step 9: Submit the Application
- Send the completed application form along with the required appendices to the PEI Department of Agriculture at the given address or via the provided contact details.
grant_single_labels|otherInfo
It is important for grant applicants to know about potential administrative and compliance obligations.
- Applicants may be required to demonstrate financial stability through audited financial statements.
- There could be specific language requirements for documentation and reports, especially if the grant is federally managed and covers bilingual regions.
- Partnership or collaboration with other organizations might be encouraged to enhance project scope and impact.
- Applicants may need to outline sustainability measures to ensure project continuity beyond the grant term.
