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GRANTPrince Edward Island

PEI Ignition Fund

Last verified: June 2026

Innovation PEI's Ignition Fund is a competitive seed grant for entrepreneurs launching a new innovative venture or product on Prince Edward Island. Successful applicants receive up to $25,000 with no matching contribution required, which is unusually accessible for a government program. The product or service must be innovative and have strong export potential, and finalists pitch their idea to an evaluation committee.

See if I qualifyOfficial page
Estimated value
Up to $25,000, no matching funds required
Approval likelihood
Low
Ready to apply score
50/100
Documents needed
4

Eligibility

  • Business types:incorporated, self-employed, partnership
  • Industries:All industries
  • Provinces:Prince Edward Island
  • Max business age:3 years
  • Requires export activity

What you'll need

  • Business concept and innovation overview
  • Founder and management team description
  • Market analysis and revenue model
  • Statement of work with milestones and timeline

How to apply

  1. 1Confirm the project is committed to operating on PEI and has not received excluded supports
  2. 2Prepare the application using the Ignition Fund Application Guide
  3. 3Submit during the open call; finalists are invited to pitch
Deadline:Competitive intakes (spring and fall); spring 2026 closed May 11, 2026

Is your business a fit for PEI Ignition Fund?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

Related programs

GRANT

ACOA Business Development Program

Up to $50,000

GRANT

PEI Innovation Fund

Up to 50% of eligible costs, maximum $50,000 per project

GRANT

PEI Seasonal Extension Tourism Product Development Fund

Up to $7,500 non-repayable per operator

A monthly digest

New programs, in your inbox.

We are in beta. Drop your email and we will write when the first digest is ready. Monthly cadence, easy unsubscribe.

Deductly CA

Every Canadian grant, tax credit, and deduction your business qualifies for. In one ranked list.

Start the assessment
Product
  • Eligibility quiz
  • All programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian founder should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
All systems operational

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.