
Prince Edward Island Rural Action Centres — Business Guidance
At a glance
- No Condition
- Closing date : May 17, 2024
Overview
Advisory services, entrepreneur education, as well as assistance in community development assistance, expansion diversification, tourism product development and marketing.
Activities funded
The Prince Edward Island Rural Action Centres — Business Guidance grant assists rural entrepreneurs in Prince Edward Island by providing resources for business development and tourism-related initiatives. It aims to support community growth through various eligible projects and activities.
- Offering business advisory services to rural entrepreneurs.
- Providing entrepreneur education programs aimed at skill enhancement.
- Facilitating community development projects for regional growth.
- Supporting business expansion and diversification efforts.
- Developing and marketing new tourism products.
Eligibility
Eligibility for this grant is determined by specific criteria related to the entrepreneur's location and business activities.
- The applicant must be an entrepreneur based in rural Prince Edward Island.
- The business must be involved in community development, tourism, or related sectors.
- The applicant must outline a clear plan for business counselling needs.
Who is eligible?
This grant is designed to support initiatives related to entrepreneur education, community development, and business growth, with an emphasis on rural areas such as Prince Edward Island. It is suitable for those engaged in advisory services, tourism marketing, and rural business counseling.Eligible expenses
The grant aims to support projects that contribute to the growth and development of rural communities in Prince Edward Island. Eligible activities focus on business counselling and capacity-building for entrepreneurs, as well as initiatives that enhance tourism and community development.
- Providing advisory services and business counselling to rural entrepreneurs in Prince Edward Island.
- Organizing entrepreneur education programs, including workshops and seminars.
- Assisting in community development initiatives that drive economic growth.
- Supporting the expansion and diversification of local businesses.
- Developing and marketing tourism products to attract more visitors to rural areas.
Eligible geographic areas
The available information does not specify the precise eligible geographical areas for this grant. Specific eligibility would typically be expected to focus on rural regions of Prince Edward Island given the nature of the grant.
Selection criteria
The evaluation and selection of projects for this grant focus on their capacity to impact rural entrepreneurship in Prince Edward Island, particularly in terms of innovation, feasibility, and community benefit.
- Innovative approach to community development or entrepreneurship processes, scoring up to 20 points.
- Feasibility of the project based on resources, timelines, and strategic partnerships, with a maximum of 25 points.
- Alignment with the grant’s goals in promoting entrepreneurship and tourism development in rural areas, valued at 15 points.
- Projected economic and social impact on the community, including job creation and sustainable development, up to 30 points.
- Cost-effectiveness and efficient use of grant funds, assessed up to 10 points.
How to apply
Research Eligibility and Requirements
- Carefully review the grant guidelines and eligibility criteria on the official website.
- Take notes on the specific documents and information required for the application.
Gather Necessary Documentation
- Collect all business documents such as financial statements, business plans, and relevant permits.
- Prepare a detailed description of your project, highlighting its impact and relevance to Prince Edward Island's rural community development.
Complete the Application Form
- Access the application form through the grant provider's website or contact their office for a hard copy.
- Fill out all mandatory fields accurately and provide thorough, honest, and compelling information.
Review and Edit
- Carefully proofread the application for clarity and correctness.
- Ensure all required documents are attached and information is correctly filled in.
Submit the Application
- Send the completed application form and supporting documents via the designated submission method, either online or by mail, as specified by the fund provider.
- Retain a copy of all submitted materials for your records.
Follow-Up
- Receive and confirm acknowledgment of receipt from the grant provider.
- Prepare to respond promptly to any additional requests for information or clarification from the grant review team.
Additional information
This grant supports entrepreneurs in rural Prince Edward Island with various services including business counselling and community development assistance.
- Advisory services
- Entrepreneur education
- Assistance in community development
- Expansion and diversification support
- Tourism product development and marketing
Frequently Asked Questions about the Prince Edward Island Rural Action Centres — Business Guidance Program
What is the Prince Edward Island Rural Action Centres — Business Guidance?
How much funding can be received?
What expenses are eligible under Prince Edward Island Rural Action Centres — Business Guidance?
What is the deadline to apply?
Is the Prince Edward Island Rural Action Centres — Business Guidance a grant, loan, or tax credit?
Who are the financial supporters of the Prince Edward Island Rural Action Centres — Business Guidance?
Who is eligible for the Prince Edward Island Rural Action Centres — Business Guidance program?
Who can I contact for more information about the Prince Edward Island Rural Action Centres — Business Guidance?
Where is the Prince Edward Island Rural Action Centres — Business Guidance available?
Are startups eligible for the Prince Edward Island Rural Action Centres — Business Guidance program?
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