Grant
Provincial
Active
PEI Equity Investors Incentive
Innovation PEI
Maximum Funding
Up to 20% rebate on equity investment, maximum $200,000 per...
Ongoing
Difficulty
Moderate
Payment
Lump Sum
Trend
Stable
First-Timers
—
Co-Funding
20%
PEI Equity Investors Incentive provides Up to 20% rebate on equity investment, maximum $200,000 per approved company. Non-repayable rebate to eligible investors of up to 20% of the equity purchase price (maximum $200,000 per investee company) for investing in qualifying PEI-based private corporations in strategic export-oriented sectors. Applications are accepted on an ongoing basis.
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Eligibility & Details
What this program funds and who can apply
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Program Description
Non-repayable rebate to eligible investors of up to 20% of the equity purchase price (maximum $200,000 per investee company) for investing in qualifying PEI-based private corporations in strategic export-oriented sectors. Designed to attract private capital to early-growth Island companies.
Eligibility Requirements
- Taxable private Canadian corporation registered in Prince Edward Island with head office and primary operations in PEI
- At least one year of operating history in PEI
- Fewer than 50 employees at time of application
- Total assets under $10 million at time of application
- At least 75% of payroll paid to PEI residents
- Operates in a strategic sector: bioscience, aerospace and defence, advanced manufacturing, renewable energy, ICT, creative industries, or first-of-its-kind exportable goods/services
- Must have a well-developed business plan demonstrating appropriate use of investor funds
- No defaulted debt with the Province of PEI's Central Default Registry
- Must consult Innovation PEI and receive approval before accepting investor funds
- Note: The investor receives the rebate, not the company — this program is the company's mechanism to attract qualifying investors
Provinces
Industries
Business Stage
Quick Assessment
Difficulty
Moderate
Competition
Moderate
First-Timer
Not rated
Funding Details
- Amount
- Up to 20% rebate on equity investment, maximum $200,000 per approved company
- Type
- Grant
- Level
- Provincial
- Co-Funding
- Up to 20% of eligible costs
- Deadline
- Ongoing
Program Scorecard
Competition, effort, and approval at a glance
Competition
Moderate
Deadline
Ongoing
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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What's in this Playbook
Everything you need to win PEI Equity Investors Incentive
Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.
- 7 rejection pitfalls reviewers flag — so you catch them first
- 6-document checklist with what each reviewer is actually checking
- 6-step application timeline with prep hours per step
- Insider tip from program officers on what separates winners
- 4-program stacking strategy to combine with compatible funding
- Success profile + evaluation criteria — exactly what reviewers score on
$19 covers this one program. $39/mo covers every program, plus the workspace that walks you through each application.
How to Win
Insider tips, common pitfalls, and what successful applicants look like
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Insider TipThe rebate goes to the investor, not the company — position this as a selling point when recruiting angel investors.
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See what trips up most applicants for this program — and how to avoid it.
Rejection Pitfalls 7
- Investor funds accepted before receiving Innovation PEI approval
+6 more pitfalls
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See the most common reasons applications get rejected — before you submit yours.
Success Profile
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Evaluation Criteria
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Don’t lose this one to a preventable rejection
7 reasons applications get rejected, what winners look like, and exactly what reviewers score on
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Application Playbook
Step-by-step process, required documents, and expenses
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6 steps
6 docs
Application Steps
1
Consult Innovation PEI before any investor discussions Contact Innovation PEI ([email protected] / 902-368-6300) to discuss your company's eligibility and the program requirements. This must happen before you present the rebate to potential investors.
Required Documents 6
✓ Business Development Application Form (submitted online)
✓ Well-developed business plan with financial projections
Eligible Expenses 3
Ineligible Expenses 5
Intake Periods
Deadline Notes
Ineligible Organizations
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Applying for PEI Equity Investors Incentive? Our Business Plan Template ($29) is the Canadian-format business plan reviewers and lenders are used to seeing. Or get all 4 templates in the Founder Pack ($59 · saves $27) →
Funding Stack Strategy
Compatible programs, clawback risk, and combined funding potential
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4 partners
Compatible Programs
Atlantic Canada Opportunities Agency (ACOA) Business Development Program
BDC Venture Capital
PEI Labour Rebate
PEI Rental Incentive Assistance
Combined Funding Potential
See your total funding potential
Clawback Risk
High Risk
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How PEI Equity Investors Incentive Compares
Side-by-side with similar programs
Free
| Program | Amount | Difficulty | Payment | Deadline |
|---|---|---|---|---|
| PEI Equity Investors Incentive | Up to 20% rebate on equity... | Moderate | Lump Sum | Ongoing |
| PEI Labour Rebate (PLR) | Up to 25% rebate on eligible... | Moderate | Reimbursement | Ongoing |
| PEI Rental Incentive Assistance | Up to $6.00 | Moderate | Reimbursement | Ongoing |
| Strategic Response Fund (formerly Str... | Minimum $10 million contribution | Hard | Mixed (Advance + Reimb.) | Ongoing — continuous... |
| CanExport SMEs | Up to $50,000 | Moderate | Mixed (Advance + Reimb.) | Applications accepted... |
Related Programs
Other programs you might be eligible for
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Frequently Asked Questions
Quick answers to the questions founders most often ask about PEI Equity Investors Incentive
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Does the company or the investor receive the rebate?
The investor receives the rebate — up to 20% of their equity purchase price, max $200,000. The company benefits by being able to attract capital with a lower investor risk profile.
Can we use this to raise from a venture capital fund?
Eligible investors must be Canadian persons, Canadian-controlled private corporations, or other Canadian-controlled entities at arm's length. Large institutional VCs should be assessed for eligibility with Innovation PEI.
What happens if the investor wants to sell their shares early?
Shares cannot be redeemed during the 4-year monitoring period. Early redemption triggers full repayment of the rebate by the investor.
Do we need to be in a specific industry?
Yes — eligible sectors are bioscience, aerospace/defence, advanced manufacturing, renewable energy, ICT, creative industries, or first-of-its-kind exportable goods/services. Retail, food service, and consumer services are not eligible.
Can we apply if we have more than 50 employees?
No — the company must have fewer than 50 employees and assets under $10 million at the time of application.
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Full Playbook: PEI Equity Investors Incentive
6 steps · 6 docs · reviewer insights