Updated July 2026 · Verified against Innovation PEI (Government of Prince Edward Island) guidelines
Grant Provincial Active

PEI Food Product Development Assistance

Innovation PEI (Government of Prince Edward Island)
Maximum Funding
50% of eligible costs
Ongoing, first-come first-served subject to available funds
Visit Official Program →
Difficulty
Easy
Payment
Varies
Trend
Stable
First-Timers
—
Co-Funding
50%
PEI Food Product Development Assistance provides up to 50% of project costs, up to $50,000 per business per 12-month period. A non-repayable grant covering 50% of eligible food product development project costs, up to $50,000 per PEI business per 12-month period. The program covers up to 50% of eligible costs. Applications are accepted on an ongoing basis.
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Eligibility & Details

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Program Description

A non-repayable grant covering 50% of eligible food product development project costs, up to $50,000 per PEI business per 12-month period. Open to food development, manufacturing, or processing businesses registered and operating in Prince Edward Island that are not in default on provincial debt.

Eligibility Requirements

  • Be located in Prince Edward Island.
  • Be registered to do business and actively operating in PEI.
  • Be a food development, manufacturing, or processing business.
  • Not be in default on Innovation PEI or provincial debt obligations.
Provinces
Prince Edward Island
Industries
Agriculture Manufacturing Research
Business Stage
Startup Growth Established

Quick Assessment

Difficulty
Easy
Competition
Low
First-Timer
Not rated

Funding Details

Amount
50% of project costs, up to $50,000 per business per 12-month period
Type
Grant
Level
Provincial
Co-Funding
Up to 50% of eligible costs
Deadline
Ongoing, first-come first-served subject to available funds

Program Scorecard

Competition, effort, and approval at a glance

Competition
Low
Deadline
Ongoing
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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What's in this Playbook

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How to Win

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Insider Tip

Consult an Innovation PEI Business Development Officer before committing any project costs, and make sure the project can start within 12 months of approval. Combined non-repayable government funding cannot exceed 75% of eligible costs.

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Application Playbook

Step-by-step process, required documents, and expenses

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Required Documents 4

✓ Proof of PEI business registration and active operation
✓ Project plan and cost estimates
✓ Proof of food development, manufacturing, or processing activity
✓ Confirmation of no default on Innovation PEI or provincial debt

Deadline Notes

Ongoing, first-come first-served subject to available funds

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Funding Stack Strategy

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Clawback Risk

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How PEI Food Product Development Assistance Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
PEI Food Product Development Assistance up to $50,000 Easy Varies Ongoing, first-come...
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CanExport SMEs Up to $50,000 Moderate Mixed (Advance + Reimb.) Applications accepted...
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Quebec R&D Tax Credit (CRIC — Researc... 20-30% tax credit (CRIC) Hard Tax Credit Offset Ongoing

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