Open
Potato Stabilization and Innovation initiative (PSII)
Supports PEI potato sector modernization and diversification
Last Update: April 9, 2026
Funding available
Varies by project
Timeline
- Open Date : April 2, 2022
Location
Prince Edward Island, Canada
Overview
Maximum funding amount is not specified in the available information. The program supported projects that strengthened the PEI potato sector and related supply chain through modernization, market adaptation, diversification, technology adoption, storage improvements, packaging changes, value-added product development, and market expansion activities.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Implement environmental initiatives
- Develop a new product or service
Eligible Funding
- Varies by project
Timeline
- Open Date : April 2, 2022
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Manufacturing
Location
- Prince Edward Island
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
Target groups
- Business owners / entrepreneurs
Revenue structures
- All structures
Scope
- Provincial
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Digitalization, automation, or technology integration projects to improve productivity, efficiency, and competitiveness.
- Development of equipment or technology to improve productivity or manage pests and disease.
- Installation or upgrades of high-efficiency potato storage ventilation or controlled-atmosphere storage.
- Product or packaging modification and development of new value-added products.
- Early-stage projects for short-term new market entry or market expansion.
Documents Needed
- Incorporation or constituting documents
- Recent financial statements for the current and previous two years
- Project plan, business plan, marketing plan, or R&D plan
- Supplier quotes or estimates for the project
- Relevant permits and licences
Eligibility
Who is eligible?
- Table potato growers in PEI
- Seed potato growers in PEI
- Key suppliers to the PEI potato sector
- Non-profit organizations supporting the PEI potato sector
- Provincial entities supporting the PEI potato sector
Eligible expenses
- Automation, digitalization, and technology integration investments
- Equipment or technology development costs related to productivity or pest and disease management
- Potato storage ventilation or controlled-atmosphere storage installation and upgrade costs
- Product or packaging modification costs
- Costs related to value-added product development and early-stage market expansion investments
Eligible geographic areas
- Prince Edward Island
Additional information
- The initiative was delivered over two years, from 2022-2023 to 2023-2024.
- Applications were accepted on a continuous intake basis.
- The diversity and inclusion section of the application was voluntary and used for statistical purposes only.
- The program is closed and no longer accepting applications.
Contacts
Frequently Asked Questions about the Potato Stabilization and Innovation initiative (PSII) Program
Here are answers to the most common questions about the Potato Stabilization and Innovation initiative (PSII). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Potato Stabilization and Innovation initiative (PSII)?
Maximum funding amount is not specified in the available information. The program supported projects that strengthened the PEI potato sector and related supply chain through modernization, market adaptation, diversification, technology adoption, storage improvements, packaging changes, value-added product development, and market expansion activities.
Who is eligible for the Potato Stabilization and Innovation initiative (PSII) program?
To be eligible for the Potato Stabilization and Innovation initiative (PSII) program, you must:
PEI potato sector applicant
Operating in PEI
Project supports sector sustainability
What expenses are eligible under Potato Stabilization and Innovation initiative (PSII)?
Digitalization, automation, or technology integration projects to improve productivity, efficiency, and competitiveness.
Development of equipment or technology to improve productivity or manage pests and disease.
Installation or upgrades of high-efficiency potato storage ventilation or controlled-atmosphere storage.
Product or packaging modification and development of new value-added products.
Early-stage projects for short-term new market entry or market expansion.
Who can I contact for more information about the Potato Stabilization and Innovation initiative (PSII)?
You can contact Atlantic Canada Opportunities Agency (ACOA) by email at none or by phone at 1-800-871-2596.
Where is the Potato Stabilization and Innovation initiative (PSII) available?
The Potato Stabilization and Innovation initiative (PSII) program is available the province of Prince Edward Island.
Is the Potato Stabilization and Innovation initiative (PSII) a grant, loan, or tax credit?
Potato Stabilization and Innovation initiative (PSII) is a Grant and Funding
Who are the financial supporters of the Potato Stabilization and Innovation initiative (PSII)?
Potato Stabilization and Innovation initiative (PSII) is funded by Atlantic Canada Opportunities Agency (ACOA)