Amount:No Fixed Amount Type of Program:Grants & Loan Description:The Jobs and Growth Fund (JGF) provides funding to businesses and organizations to help create jobs and position local economies for long-term growth.Comments on Funding:Funding will take the form of: interest-free repayable contributions for up to 50% of eligible costs for eligible businesses;non-repayable contributions for up to…
This program is currently closed. Amount:No Fixed Amount Type of Program:Grant & Loan Description:With a budget of $500 million over two years (ending March 31, 2023), including $50 million specifically dedicated to Indigenous tourism initiatives and $15 million for national initiatives, The Tourism Relief Fund supports tourism businesses and organizations to adapt their operations to…
Amount:$100,000.00 Type of Program:Loan Description:The Emergency Working Capital Financing provides emergency working capital financing to assist PEI’s small business during this unprecedented economic disruption to business, caused by the Covid-19 pandemic. This loan program is to assist qualifying companies maintain normal business operations during these difficult times. Comments on Funding:Funding is up to $100,000 with a…
Amount:No Fixed Amount Type of Program:Rebate Description:The COVID-19 Wage Rebate for Impacted Industries provides a 25 per cent wage rebate on payroll for businesses of impacted industries, such as full-service restaurants and fitness centers, for the period of January 19 to 31, 2022. Comments on Funding:The funfing is a wage rebate calculated at 25 per…
Amount: $35,000.00 Type of Program:Grants Description:The new Festival and Events Stability Program (FESP) will provide financial assistance to festival and event organizers to help offset costs associated with the need to comply with COVID-19 health and safety protocols (e.g., cleaning, security, staff, fencing, hand wash stations, insurance and/or infrastructure needed to provide a safe and enjoyable…
