Atlantic Canada Business Grants

PEI Crafts Council

Production Loan Program

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Amount:

$3,000

Type of Program:

Loan

Description:

Production Loan Program offers interest-free loans to help craftspeople purchase materials (and in some cases equipment and building supplies) in the off season, when income is limited.

Comments on Funding:

Funding is in the form of an interest-free loan up to $3,000.
There is a yearly administration fee of $60 for members and $70 for non members that will be deducted from the approved amount of loan (ie. if repayment is over a two year period, fee would be $120 for members and $140 for non members).

Repayment period is up to 12-24 months of loan date. Payment in the form of post dated cheques will be required before any funds will be released.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • be craft producers (artisans, small producers, and/or just starting a business in Prince Edward Island,
  • make products that should meet a standard of quality similar to that spelled out in the PEI Crafts Council Standards Guidelines.
  • in need of money to purchase raw materials.

Application Steps:

1

Applicants must submit the completed application form.

Documentation Needed:

Applicants must submit:

  1. 1
    the application form;
  2. 2
    cash flow statement for the 12 month period in which they expect to use the requested loan.

Program Contact:

Join Us - PEI Crafts Council

Loan Application Form.doc

Professional Development Grants

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Amount:

$500

Type of Program:

Grants

Description:

The Professional Development Grants provide up to $500 to PEI Crafts Council members for courses, workshops, conferences, study tours and specialized research.

Comments on Funding:

Funding is up to 50% of eligible budget, to a maximum of $500.
Up to 70% of approved funding may be advanced to successful applicants, with the balance being paid out upon receipt of statement, receipts and a written report. 

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must be:

  • individuals that are Canadian citizens and that have been residents of Prince Edward Island for at least 6 months prior to application,
  • craft related organizations based on Prince Edward Island,
  • PEI Crafts Council members.

Application Steps:

1

Applicants must submit their application before the planned course or event.
Up to 70% of approved funding may be advanced to successful applicants, with the balance being paid out upon receipt of statement, receipts and a written report.

Documentation Needed: 

​Applicants:

  •  must submit the completed application form,
  • are expected to provide a written report for publication in the P.E.I.C.C. Newsletter and/or monthly report and make a presentation at the P.E.I.C.C. Annual General Meeting upon completion of the professional development.

Program Contact:

​Join Us - PEI Crafts Council

​P.E.I. CRAFTS COUNCIL PROFESSIONAL DEVELOPMENT APPLICATION​​​