Enriched Investment Tax Credit

Amount

Varies

Deadline

Rolling

Odds

Not published

Can you get this?

✓Must be manufacturing or processing exporter in PEI

✓Must operate in a qualifying strategic sector

✓Eligible sectors include bioscience, aerospace, renewable energy

✓Costs must be for qualified manufacturing/processing equipment

✕Businesses in non-strategic sectors do not qualify

Your real odds

No competitive selection exists here, because eligibility is determined by whether your business and equipment costs meet the defined criteria.

This is a tax credit, so you claim it against taxes owed rather than receiving an upfront payment, and approval comes down to whether you qualify under the defined rules.

What it takes

Confirm your sector and equipment qualify

Track all eligible equipment costs carefully

Apply for the credit through your corporate tax filing

Worth knowing

The description is incomplete, so confirm the full list of qualifying sectors and equipment directly with Innovation PEI before planning around it.

Apply on funder's site →

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