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Small Business Investment Grant (Prince Edward Island)

Innovation PEI

A non-repayable grant covering 15% of eligible capital purchases, up to $3,750 a year.

Value
Up to $3,750
Intake
Ongoing
Last verified
September 15, 2026

About the amount

15% of eligible capital costs, to a maximum grant of $3,750. Individual receipts must be at least $50, purchases must be arm's length, and one application is accepted per fiscal year across this program and Capital Acquisition Assistance. Combined non-repayable government funding cannot exceed 75% of eligible costs.

What to know

Innovation PEI's most accessible business grant: no innovation test, no export requirement, just equipment or capital assets that make the business more efficient. Reviewed first-come, first-served, one application per fiscal year.

Documents you'll likely need

  • Invoices for the capital assets
  • Proof of payment
  • Business registration

Source

https://www.princeedwardisland.ca/en/service/small-business-investment-grant

CashRadar identifies potential matches. Final eligibility is determined by the program administrator. CashRadar is an independent service and is not affiliated with the Government of Canada or any provincial government.