Tax Credit Provincial

Community Economic Development Business Program

PEI Department of Finance and Affordability · Prince Edward Island

Funding amount

35% investor tax credit; max annual investment $20,000 and max annual credit $7,000

Application difficulty

Medium

Typical timeline

Not stated publicly

How to apply

Pdf Form

📋 About this program

PEI program that lets a community economic development business or co-op raise equity from PEI residents, with investors receiving a provincial tax credit. It can help eligible smaller local businesses access community capital rather than only debt.

✅ Who qualifies

Business stage

StartupGrowingEstablished

Eligible uses

ExpansionOperations

🚀 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.
Submit your application — Apply at the official portal →

💡 Tips & notes

CEDBs must operate a business in PEI or invest in active PEI businesses. Underlying investee businesses must generally have under $25M in assets and under 100 full-time employees.

Apply at official portal →

Not affiliated with PEI Department of Finance and Affordability. Always verify eligibility directly with the funding body.

Program details

Status Active

Type Tax Credit

Level Provincial

Amount 35% investor tax credit; max annual investment $20,000 and max annual credit $7,000

Administered by PEI Department of Finance and Affordability

Application Pdf Form

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