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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)...

Strategic Improvement Assistance supports Prince Edward Island businesses undertaking strategic activities to become more productive, profitable and competitive. The program supports costs for outside professional expertise required for projects related to improving operational efficiencies, internal planning or processes, and quality assurance. Who is eligible for Strategic Improvement Assistance? To be an eligible applicant, a business must be located in Prince Edward Island and: registered to conduct business and actively operating on Prince Edward Island; manufactures, processes, or...

The Prince Edward Island Film Production Fund (“Fund”) supports the development and growth of the private-sector film and television industry in Prince Edward Island. The Fund provides a financial incentive to make Prince Edward Island a competitive location for productions and encourages the development, training and hiring of Prince Edward Island film personnel. PEI’s objective is to increase the volume of service and local productions to: Increase the visibility of Prince Edward Island on screens; Grow the skilled labour pool and support the development of PEI creative industries and...