Amount:$25,000 Type of Program:Grants Description:Capital Acquisition Assistance supports Prince Edward Island businesses investing in technology, equipment, and infrastructure needed to grow their business and increase capacity and competitiveness.Comments on Funding:The program provides up to 25 per cent of the eligible costs to a maximum of $25,000 assistance. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:The applicant must: be…
Amount:No Fixed Amount Type of Program:Tax Credit Description:The Enriched Investment Tax Credit adds to the existing PEI Investment Tax Credit of 10%. It is applied to certain capital investments by manufacturing and processing companies. An enriched tax rebate for an additional 25% tax credit will be available for manufacturing and processing companies that invest in…
Amount:No Fixed Amount Type of Program:Rebate Description:The Equity Investors Incentive provides new and expanding businesses in Prince Edward Island with a tool to encourage and attract private sector investment. The program provides a non-repayable incentive to investors to encourage investment in an approved Prince Edward Island-based investee business by increasing the return-on investment to investors….
Amount:$3,000.00 Type of Program:Grants Description:The Export Trade Assistance provides a grant to active exporters and export ready companies on Prince Edward Island. Support may be available for Innovation PEI’s Global Trade coordinated trade activities, including virtual trade initiatives, focused on international and domestic exporting; and bringing buyers and business partners to Prince Edward Island to…
Amount:$50,000.00 Type of Program:Grants Description: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: 1The New Product stream can support the transition…
