Administered by Government of Prince Edward Island · Last verified: July 2026
This Innovation PEI program pays investors a direct rebate for buying equity in approved PEI-based companies, making it easier for those companies to raise private capital. The rebate is up to 20 percent of the investment, capped at $200,000 in total rebates per approved company. The company must be a private PEI corporation in a strategic export sector, with fewer than 50 employees and at least one year of operating history.
Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityPEI Equity Investors Incentive is generally open to incorporated businesses, in Prince Edward Island, with up to 50 employees, with revenue under $10,000,000, that export outside Canada. Confirm the full criteria on the official program page before applying.
The estimated value is Investor rebate of up to 20% of the equity purchase; up to $200,000 total per approved company. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Consult Innovation PEI before applying 2. Apply to be approved as an investee company and sign a contract before accepting investments 3. Provide investors the approval details so they can claim the rebate
Rolling intake (subject to annual budget).
Up to 50% of wages for 52 weeks, max $12.50 per hour
INCENTIVELoans up to $750,000; non-repayable ABFP contributions up to 40% of expansion costs
INCENTIVERequires $150,000+ investment; pathway to permanent residence