Small Business Investment Grant

Innovation PEI

Overview

Your small business can use non-repayable funding to buy eligible equipment and improve efficiency and innovation.

At a glance

Categoriesgrant
Funding$3,750 (up to 15% of eligible costs)
StatusAccepting applications
Closing date2027-03-31
RegionPE
Sectorsgeneral

Eligibility and requirements

Money Maximum: $3,750 Non-repayable Funding Limits This program will cover a maximum of 15% of the actual eligible cost Stacking: You can combine money from this program with money from other government programs up to 75% Eligibility Must be located in Prince Edward Island and: Be registered to do business in PEI as a for-profit entity Be the primary source of income for the applicant Or employ at least one employee (minimum of 560 hrs) Use this for This list is representative, not exhaustive: Equipment Leasehold improvements/building construction Technology upgrades Energy efficient upgrades

How Mona Studio helps business owners use this program

Small Business Investment Grant is one of many Canadian funding options listed in our grant finder. Mona Studio helps general teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.

Official program website

Similar funding opportunities

View interactive program page on Mona Studio