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The Innovation Fund assists businesses to bring a new product, service, or process (“product”) to market by providing financial support for the costs to refine and commercialize an innovative product that has demonstrated potential for export market uptake. The Innovation Fund has two streams: The New Product stream can support the transition from a demonstrated beta/pilot/prototype product to the final stage refinements for scale-up and full commercial development of the product. The Product Diversification stream can support the adaptation of an existing product for a new market segment...

To encourage the creation and viability of small businesses in Prince Edward Island, Small Business Assistance supports activities that increase productivity and competitiveness. The program supports eligible costs related to internal planning and processes. A new business is eligible for support for marketing and promotion activities. Who is eligible for Small Business Assistance? To be an eligible applicant, a business must be located in Prince Edward Island and: be registered to do business in Prince Edward Island (business registration may not be required for business planning support)...

Overview The availability of stable, high-speed Internet infrastructure is critical for access to essential resources and public services, and to enable economic growth and diversification. The Prince Edward Island Broadband Fund (PEIBF) provides financial assistance to local Prince Edward Island internet service providers (ISPs) for the installation of infrastructure for enhanced broadband services. Through this program, partnerships and collaboration are encouraged and support is provided for increased service levels, improved access and consumer choice for connectivity. The PEIBF...

The PEI Broadband Fund for Residents program has undergone revisions effective June 9th, 2025. Please read carefully for changes to this program. The PEI Broadband Fund for Residents provides funding to residential civic addresses that do not currently have access to a high-speed internet service provider in their local area. Residential civic addresses without access to high-speed internet (up to 50 Mbps download, 10 Mbps upload) may qualify for funding to improve broadband service. The PEI Broadband Fund for Residents covers the one-time costs for eligible residences to set up a high-speed...