Innovation Fund

Amount

Varies

Deadline

Rolling

Odds

Not published

Can you get this?

✓Must be a business based in Prince Edward Island

✓Working on an innovative product

✓Must provide matching funds (50% of costs)

✓Product must be new or adapted for new market

✕Businesses not based in PEI are not eligible

Your real odds

No acceptance rate or award volume is published, so you have no public benchmark for how competitive this fund is.

This is a government fund with a defined per-applicant maximum, so your real competition depends on how many applications Innovation PEI receives in a given period.

What it takes

Confirm your business is based in PEI

Define your product and commercialization plan

Identify matching funds for the remaining 50% of costs

Apply through Innovation PEI

Worth knowing

The maximum award is $50,000, and because it covers up to 50% of eligible costs, your total project budget needs to reach at least $100,000 to access the full amount, with smaller projects receiving a proportionally smaller grant.

Apply on funder's site →

What else do you qualify for?

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