PEI Export Enhancement and Diversification Fund
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Eligibility & Details
What this program funds and who can apply
Program Description
A non-repayable export-diversification grant reimbursing up to 60% of eligible costs (maximum $32,000 per business) for PEI exporters seeking to reduce dependence on US markets following tariff threats. Eligible expenses include market research, advertising campaigns, trade show participation, and export market strategies targeting new international markets. Created in 2025 by Innovation PEI as part of PEI's tariff-response program suite.
Eligibility Requirements
- Prince Edward Island business impacted by US export tariffs seeking to diversify into new international markets
- Business must be generating (or attempting to generate) export revenues outside Canada
- Eligible expenses must directly relate to market research or market development activities targeting new export markets
- Expenses must not duplicate activities already funded by another government export program at 100%
- Application submitted through Innovation PEI BDO or local Rural Action Centre
Quick Assessment
Funding Details
- Amount
- Up to 60% of eligible costs, maximum $32,000 per business
- Type
- Grant
- Level
- Provincial
- Co-Funding
- Up to 60% of eligible costs
- Deadline
- Ongoing
Program Scorecard
Competition, effort, and approval at a glance
Everything you need to win PEI Export Enhancement and Diversification... — $19
Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.
- 5 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
- 3-program stacking strategy to combine with compatible funding
- Success profile + evaluation criteria — exactly what reviewers score on
Applying for PEI Export Enhancement and Diversification Fund? Our Grant Proposal Template ($19) mirrors the section structure Canadian reviewers actually score on. Or get all 4 templates in the Founder Pack ($59 · saves $27) →
How to Win
Insider tips, common pitfalls, and what successful applicants look like
Insider TipThe $32,000 cap and 60% reimbursement rate make this one of the most accessible export grants in PEI. If you have been to a trade show or done market research in the last year and paid out of pocket, check whether those expenses were incurred after the program's eligible start date — you may be able to claim retroactively. The Rural Action Centres across PEI are the easiest access point for agricultural and food businesses. CanExport SMEs (federal, up to $99,750) is complementary — use both if you are serious about export market diversification, as they cover different expense ratios and are not mutually exclusive.
Rejection Pitfalls 5
- Activities target the US market (program is specifically for diversification away from US dependence)
- Expenses not within eligible categories (market research, advertising, trade shows, market strategy)
- Expenses fully covered by another government export program
Success Profile
PEI-based food processor, agricultural producer, manufacturer, seafood company, or tourism operator with existing or target export operations. Business has been relying on US market revenues and is now motivated by tariff risk to identify and enter European, Asian, or other non-US markets. Company has the capacity to develop and execute an export market entry plan, attend relevant trade shows, or commission market research.
Evaluation Criteria
Applications assessed on clarity of the export diversification rationale (US tariff impact and target new market opportunity), eligibility and cost-reasonableness of proposed activities, and the applicant business's capacity to execute the plan. No competitive scoring — eligible, complete applications with reasonable budgets are approved.
Application Playbook
Step-by-step process, required documents, and expenses
Application Steps
Required Documents 6
Eligible Expenses 5
- Market research fees for new export market analysis and feasibility assessment
- Advertising and promotional material production for new international markets
- Trade show registration, booth, and related costs in target export markets
- Travel costs to attend eligible trade shows in new export markets
- Export market entry strategy development fees (qualified consultants)
Ineligible Expenses 6
- Activities targeting the US market (diversification must be to non-US markets)
- Costs already fully covered by another government export grant
- Routine marketing costs unrelated to new international market entry
- Capital equipment or technology purchases
- Operating expenses, salaries, or overhead
- GST/HST on eligible expenses
Intake Periods
Open intake (created 2025). Verify current intake status with Innovation PEI or your local Rural Action Centre — open-status is not explicitly stated on the program page.
Deadline Notes
Created in 2025 as a tariff-response measure. Open status is not explicitly stated on the Innovation PEI page — verify current intake status directly with Innovation PEI or your local Rural Action Centre before incurring eligible expenses. Program may have periodic intake windows or be subject to envelope exhaustion. Apply via Innovation PEI BDO or local Rural Action Centre.
Open Application Portal →Ineligible Organizations
- Businesses without PEI operations
- Businesses exporting exclusively to the US market with no diversification intent
- Non-profit organizations (confirm with Innovation PEI — some tariff-response programs include non-profits)
Funding Stack Strategy
Compatible programs, clawback risk, and combined funding potential
Compatible Programs
Clawback Risk
Low RiskNo ongoing obligations after reimbursement is issued. Minor clawback risk if activities are found ineligible on audit (e.g., travel costs that were not for an approved trade show). Retain all invoices and receipts for 3 years.
How PEI Export Enhancement and Diversification... Compares
Side-by-side with similar programs
| Program | Amount | Difficulty | Payment | Deadline |
|---|---|---|---|---|
| PEI Export Enhancement and Diversific... | Up to 60% of eligible costs,... | Easy | Reimbursement | Ongoing |
| CanExport SMEs | Up to $50,000 | Moderate | Mixed (Advance + Reimb.) | Next deadline: May 29,... |
| Strategic Response Fund (formerly Str... | Up to $50 million | Hard | Mixed (Advance + Reimb.) | Ongoing — continuous... |
| Ontario Innovation Tax Credit | Up to 8% tax credit | Moderate | Tax Credit Offset | Ongoing |
| Quebec R&D Tax Credit (CRIC — Researc... | 20-30% tax credit (CRIC) | Hard | Tax Credit Offset | Ongoing |
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