How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Startup Zone Resident Company Program?

Startup Zone Resident Company Program is funded by Startup Zone

What are Startup Zone Resident Company Program's eligibility criterias?

No specific eligibility criteria available from the provided information.

Startup Zone Resident Company Program

grant_single|update March 21, 2025

PE, Canada

Support to start or grow a PEI business

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Other Support

Expert Advice

Loans and Capital investments

Wage Subsidies And Interns

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Startup Zone

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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.

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$ 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 new AI-driven financial analytics software for small businesses

$ 50,000

Develop a tech-driven platform to streamline supply chains for local businesses

$ 40,000

Create a new organic snack brand emphasizing local ingredients

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There are several types of companies eligible for this grant:

Tech companies
Wellness companies
Food companies
Apparel companies
Social enterprise companies

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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

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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.

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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.

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Fill out the online application form

Prepare the required documents (business plan, financial statement, etc.)

Submit the complete application within the deadline

Wait for confirmation of receipt

Participate in any assessment or interview required by the selection committee

Wait for the final decision regarding the grant allocation

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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.