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Broadband Fund for Communities

by Maurice | February 17, 2022

Amount:

No Fixed Amount

Type of Program:

Grants


Description:

The Prince Edward Island Broadband Fund provides financial assistance to Prince Edward Island communities for the installation of infrastructure for enhanced broadband services.  

Comments on Funding:

Funding is up to a maximum of 50% of the eligible costs of the approved project.
The maximum, total grant contribution from all Government of Prince Edward Island sources cannot exceed 50%. Loans or other repayable contributions are not included within this calculation. Where a project receives any other grant funding from the Government of Prince Edward Island, the contribution from PEIBF may be reduced.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must be:

  • a Prince Edward Island community,
  • requiring increased service levels and/or has un-serviced / underserved areas. 

Application Steps:

The applicant must:

1

submit his application forms and the proposal description to Innovation PEI via online web form or in signed PDF format via email or hard copy,

2

accept the letter of offer forwarded to them which shall create a contract between Innovation PEI and the applicant, if the case, 

3

submit the required financial and status reporting, including supporting documentation, to Innovation PEI at specified dates and/or milestones, as detailed within the contract between the parties.

Documentation Needed: 

​The applicant must submit:

  1. 1
    the completed application form,
  2. 2
    a proposal including the profile of the community, information on the estimated costs (Itemized project cost estimate must be supported by written quotation(s) and proposal from internet service provider(s)), financial statements for the previous two years, the sources of project funds.

Program Contact:

PEI Broadband Fund for Communities

Related posts:

Starting a Business in PEI: Step-by-Step Guide for Prince Edward Island Entrepreneurs
Prince Edward Island Small Business: Complete Guide for Entrepreneurs
Incorporating a Business in Prince Edward Island: Step-by-Step Guide for New Entrepreneurs
Registering a Business in PEI: Step-by-Step Guide for Prince Edward Island Entrepreneurs

About Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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