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Startup Zone Resident Company Program - PE - Canada

Startup Zone Resident Company Program

Last Update: October 27, 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
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:
$ 40,000
Create a new organic snack brand emphasizing local ingredients
$ 40,000
Launch a startup apparel line focusing on sustainable fashion
$ 45,000
Expand a wellness center to include mental health services and therapies
$ 50,000
Develop a tech-driven platform to streamline supply chains for local businesses
$ 45,000
Establish a wellness service providing holistic health programs
$ 50,000
Develop a new AI-driven financial analytics software for small businesses

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.
Apply to this program

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 expenses are eligible under Startup Zone Resident Company Program?

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?

Apply to this program

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