
PEI — Business Development Program
At a glance
- No Condition
- Unspecified
- All industries
Overview
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.
Activities funded
Eligibility
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
Who is eligible?
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
Who is not eligible
Some types of companies may not be eligible for this grant. These can include:
- Non-profit organizations
- Government entities
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
How to apply
Obtain the Application Form and Appendices
Collect Applicant Information
Define the Project
Identify Additional Funding Sources
Classify Recipient and Industry Type
Provide Declaration and Consent
Submit Demographic Information (optional)
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
Submit the Application
Additional information
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.
Frequently Asked Questions about the PEI — Business Development Program Program
What is the PEI — Business Development Program?
How much funding can be received?
What expenses are eligible under PEI — Business Development Program?
What is the deadline to apply?
Is the PEI — Business Development Program a grant, loan, or tax credit?
Who are the financial supporters of the PEI — Business Development Program?
Who is eligible for the PEI — Business Development Program program?
Who can I contact for more information about the PEI — Business Development Program?
Where is the PEI — Business Development Program available?
More programs like this

PEI - Export Trade Assistance
Government of Prince Edward Island
Export Market Access Program (EMAP)
LearnSphere
Agriculture Research and Innovation — Agriculture Technology Advancement
Government of Prince Edward Island
E-tools for Exporting
LearnSphere
Organic Industry Development — Increasing Market Competitiveness
Government of Prince Edward Island
Prince Edward Island Rural Action Centres — Business Guidance
Rural Action Centre
Potato Stabilization and Innovation initiative
Atlantic Canada Opportunities Agency (ACOA)
Self-Employ PEI
Government of Prince Edward Island
Agriculture Research and Innovation — Applied Research (Agribusiness and Academic Institutions)
Government of Prince Edward Island