Prince Edward Island Rural Action Centres — Business Guidance
PE, Canada
Business counselling for rural Prince Edward Island entrepreneurs
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|closingDateMay 17, 2024
- grant_single|grantStatusClosed
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Rural Action Centre
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Advisory services, entrepreneur education, as well as assistance in community development assistance, expansion diversification, tourism product development and marketing.
grant_single_labels|projects
This program targets businesses located in designated rural areas, aiding their development and sustainability. The eligible geographical areas are defined to bolster economic growth in these specified zones.
- Rural communities within Prince Edward Island, Canada.
grant_single|admissibleProjectsExample
$30,000
Community development project to create local artisan markets
$15,000
Create an entrepreneur education program focused on digital marketing
$35,000
Entrepreneur education program focusing on digital marketing skills
$50,000
Development of a new agricultural tourism product to attract visitors
$40,000
Expansion and diversification of a local cooperative bakery
grant_single_labels|admissibility
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.
grant_eligibility_criteria|who_can_apply
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.
grant_eligibility_criteria|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.
grant_eligibility_criteria|zone
This grant includes a variety of eligible expenses aimed at supporting the development and expansion of businesses in rural Prince Edward Island.
- Costs associated with business advisory services and consultation.
- Expenses for entrepreneur education programs and workshops.
- Funding for community development planning and projects.
- Investment in expansion and diversification initiatives.
- Tourism product development costs.
- Marketing and promotion expenses for tourism activities.
grant_single_labels|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.
grant_single_labels|register
Here are the steps to apply for the grant:
- Step 1: 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.
- Step 2: 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.
- Step 3: 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.
- Step 4: Review and Edit
- Carefully proofread the application for clarity and correctness.
- Ensure all required documents are attached and information is correctly filled in.
- Step 5: 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.
- Step 6: 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.
grant_single_labels|otherInfo
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
Apply to this program
Enhancing Rural Entrepreneurship in Prince Edward Island
This grant aims to empower rural entrepreneurs in Prince Edward Island by providing them with essential advisory services and educational resources. The initiative focuses on community development, business diversification, and boosting tourism through strategic product development and marketing efforts.
Detailed Insight Into the Grant for Rural Entrepreneurs in Prince Edward Island
Fostering a vibrant entrepreneurial ecosystem in rural Prince Edward Island is crucial for sustainable economic growth and community development. This grant is specifically designed to provide critical support to rural entrepreneurs, equipping them with necessary skills, resources, and opportunities to thrive in the competitive business landscape. The program offers comprehensive advisory services tailored to meet the unique challenges faced by business owners in rural settings, allowing them to effectively navigate the complexities of running and expanding their enterprises.
The grant's focus on entrepreneur education plays a pivotal role in building a knowledgeable and resilient business community. Through various educational initiatives, participants gain insights into innovative business practices, financial management, and strategic planning, enabling them to make informed decisions and optimize operational efficiencies. By enhancing their managerial capabilities, the program helps entrepreneurs to not only sustain their businesses but also prepare for potential expansion and diversification opportunities.
Community development is a cornerstone of this grant, as it encourages entrepreneurs to actively participate in the economic upliftment of their regions. By facilitating collaboration among local businesses and fostering a culture of mutual support, the grant contributes to the creation of a robust local economy that benefits all stakeholders. Entrepreneurs are encouraged to leverage local resources, network with peers, and contribute to community projects that enhance the overall quality of life in Prince Edward Island.
Tourism product development and marketing represent another critical component of the grant. Recognizing the significant role tourism plays in the region's economy, the grant offers resources and guidance to help entrepreneurs develop attractive tourism offerings that appeal to both domestic and international travelers. Marketing support ensures these products reach a wider audience, promoting Prince Edward Island as a premier tourist destination and driving economic activity in the region.
Additionally, the grant provides targeted business counselling services that address specific needs and challenges faced by rural entrepreneurs. Whether it involves tackling operational hurdles, exploring new market opportunities, or implementing sustainable business practices, these counselling services are designed to offer practical solutions and strategic advice that propel businesses towards long-term success and stability.
Ultimately, this grant serves as a catalyst for positive change and sustainable growth in rural Prince Edward Island. By empowering entrepreneurs with the tools and knowledge needed to succeed, the grant not only strengthens the local economy but also fosters a sense of community pride and resilience. Investing in the potential of rural entrepreneurs ensures a thriving future for all, positioning Prince Edward Island as a leader in innovation, tourism, and community development.
