Grant Provincial ✦ AI Apply available ● Open

Small Business Investment Grant

Innovation PEI · Prince Edward Island

Funding amount

15% of eligible capital costs, up to $3,750

Application difficulty

Low

Typical timeline

6-10 weeks

How to apply

Online

📋 About this program

Non-repayable grant covering 15% of eligible capital equipment, building construction, technology upgrades, and energy efficiency upgrades for PEI small businesses.

✅ Who qualifies

Business stage

GrowingEstablished

Eligible uses

EquipmentExpansionEnergy Efficiency

🚀 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 — Common requirements include: Invoices and proof of payment for all capital items, Void cheque or bank document for direct deposit, Revenue Canada Business Number, Quotes from arm's-length suppliers.
Submit your application — Apply at the official portal →
Use AI to draft your application — FundNavigator's AI Apply feature generates a tailored draft for Small Business Investment Grant based on your business profile. Saves 2–3 hours on the application.

💡 Tips & notes

Business must employ at least one person for 560+ hours/year or be the owner's primary income source. Cannot also apply for Capital Acquisition program in the same year. One application per fiscal year (April 1 – March 31). Costs must be purchased from arm's-length third-party suppliers.

✦ Apply with AI — ~20 min Apply at official portal →

Not affiliated with Innovation PEI. Always verify eligibility directly with the funding body.

Program details

Status Open

Type Grant

Level Provincial

Amount 15% of eligible capital costs, up to $3,750

Administered by Innovation PEI

Application Online

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