
Startup Zone Resident Company Program
Last Update: July 22, 2025
PE, Canada
Support to start or grow a PEI business
At a glance
Eligible Funding
- No Condition
Timeline
- Unspecified
Financing Type
Other Support
Expert Advice
Loans and Capital investments
Wage Subsidies And Interns
Eligible Industries
- All industries
Funds Providers
Unspecified
Program status
Open
Overview
If you’re looking to accelerate your business, you could get access to a community workspace, professional advice, and networking events through a 6-month residency program in a PEI accelerator.
Activities funded
Examples of admissible projects:
$ 45,000
Expand a wellness center to include mental health services and therapies
$ 45,000
Establish a wellness service providing holistic health programs
$ 40,000
Launch a startup apparel line focusing on sustainable fashion
$ 50,000
Develop a tech-driven platform to streamline supply chains for local businesses
$ 50,000
Develop a new AI-driven financial analytics software for small businesses
$ 40,000
Create a new organic snack brand emphasizing local ingredients
Eligibility
Who is eligible?
There are several types of companies eligible for this grant:
- Tech companies
- Wellness companies
- Food companies
- Apparel companies
- Social enterprise companies
Eligible expenses
Eligible expenses for this grant include:
- Office space and supplies
- Telecommunications
- Legal support
- Accounting support
- Growth coaching
- Market intelligence services
- Financial support including investment support, government programs, loan options, and wage subsidies
- Expert support in various areas such as strategy, sales and marketing, product and IT, and human resources
Eligible geographic areas
This grant is intended to support startups in specific locations as outlined by the associated ecosystem partners. The eligible areas are aligned with regional development initiatives facilitated by these partners.
- Innovation PEI - Companies in Prince Edward Island (PEI).
- Atlantic Canada Opportunities Agency (ACOA) - Businesses in the Atlantic Canada region.
- Entities supported by Rural Action Centres - Predominantly rural businesses in PEI.
- SkillsPEI - Projects based in Prince Edward Island.
- Businesses involved with PEI Connectors - Companies in PEI.
- Prince Edward Island Women's Business Association - Female-led businesses in PEI.
Selection criteria
There are evaluation and selection criteria for this grant.
- Demonstrated high growth potential in the tech, wellness, food, apparel, or social enterprise sectors.
- Ability to contribute positively to the Startup Zone community.
How to apply
1
Fill out the online application form
Prepare the required documents (business plan, financial statement, etc.)
2
Submit the complete application within the deadline
Wait for confirmation of receipt
3
Participate in any assessment or interview required by the selection committee
Wait for the final decision regarding the grant allocation
Additional information
Here are additional relevant details for the transition in startup support:
- Startups will be transitioning to support from a new model at a new location.
- The listed ecosystem partners are available to offer various business support services.
- The Startup Zone community's role in supporting company growth and start-up has been acknowledged.
- For further queries or clarifications, applicants are encouraged to email info@startupzone.ca.
Frequently Asked Questions about the Startup Zone Resident Company Program Program
Here are answers to the most common questions about the Startup Zone Resident Company Program. 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 Startup Zone Resident Company Program?
How much funding can be received?
What is the deadline to apply?
Is the Startup Zone Resident Company Program a grant, loan, or tax credit?
Who are the financial supporters of the Startup Zone Resident Company Program?
Who is eligible for the Startup Zone Resident Company Program program?
Who can I contact for more information about the Startup Zone Resident Company Program?
Where is the Startup Zone Resident Company Program available?
Are startups eligible for the Startup Zone Resident Company Program program?
Are women eligible for the Startup Zone Resident Company Program program?

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