Loan Other

CBDC Western PEI - Innovation Loan

CBDC Western PEI · Prince Edward Island

Funding amount
Up to $150,000; in some cases more
Application difficulty
Medium
Typical timeline
Fast local review; exact timeline not published
How to apply
Online Portal
📋 About this program
A repayable loan for rural businesses adopting new technology or developing new products or services. Eligible uses include acquiring equipment, software, licences, infrastructure changes, implementation costs, and training employees to use the new technology.
Who qualifies
Eligible sectors
TechnologyManufacturingFood Beverage
Business stage
StartupGrowingEstablished
Eligible uses
EquipmentResearch DevelopmentTrainingExpansion
🚀 How to apply
  1. 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.
  2. Prepare your documents — Common requirements include: loan application, technology/project description, business plan or financial information, implementation budget, training plan if applicable.
  3. Submit your applicationApply at the official portal →
💡 Tips & notes
CBDC says the business and borrower must both be located in rural areas and that financing above the normal cap may be possible in some situations.