Innovation, Science and Economic Development Canada · Prince Edward Island
Funding amount
Up to $1,150,000 total borrower amount (including up to $1,000,000 term loan and up to $150,000 line of credit)
Application difficulty
Medium
How to apply
Online
📋 About this program
Federal loan-loss-sharing program that makes it easier for smaller firms to obtain financing from lenders.
✅ Who qualifies
Small businesses or start-ups operating in Canada, generally with annual revenues of $10M or less.
Eligible uses
Equipment
🚀 How to apply
Check your eligibility — Review the requirements above, or use FundNavigator's free AI matcher to confirm this program is a fit for your business before spending time on the application.
Prepare your documents — Most programs require business registration documents, recent financial statements, and a description of how you'll use the funds.