Atlantic Canada Business Grants

Impact Atlantic Program

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Amount:

$25,000 

Type of Program:

Loans

Description:

The Impact Atlantic Program offers the Impact Loan that helps foster small and medium-sized businesses in Prince Edward Island’s Charlottetown, Cornwall, Stratford cities. 

Comments on Funding:

Funding is a loan of up to $25,000, with flexible repayment terms and no penalty for early repayment of the principal.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • be small and medium-sized businesses;
  • be entrepreneurs of all ages for business start-up loan;
  • be established business owners between 19 and 39 for expansion financing;
  • be in Prince Edward Island’s Charlottetown, Cornwall, Stratford cities.

Application Steps:

1

Applicants must appy online.

Documentation Needed: 

No specific documentation has been identified.

Program Contact:

Impact Atlantic Program | CBDC

Related posts:

PEI Business Registry: Plain English Guide for Prince Edward Island Entrepreneurs
Major Industries in Prince Edward Island: Overview of 8 Top Industries
Jobs and Growth Fund (JGF)
Atlantic Innovation Fund (AIF)

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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