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Innovation PEI

Driving Economic Success in Prince Edward Island

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Our goal is to build a vibrant, diverse and growing Prince Edward Island economy by providing funding and expertise to enable strategic sectors, accelerate entrepreneurship, and foster innovation.

Helping Businesses Succeed

Innovation PEI provides support and guidance to help businesses across the province excel and grow. 

1,136Business projects supported in 2022

47Staff at Innovation PEI across the province

127 Countries received PEI exported goods in 2021

34Business support programs

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Business Spotlights

Highlighting the Island’s innovators, creatives, risk-takers, and trailblazers.

“The Ignition Fund will facilitate our production phase, as we perfect our formula and prepare to launch in stores. We look forward to becoming a household brand and providing authentic Afrocentric foods to the world.”

Rachael Sonola, Founder of Sonola Sweets

“The PEI Art Bank collection demonstrates the value of visual artists in the exploration of our Island culture and environment, and I am honoured to have my work included in this collection.”

Rilla Marshall, Artist

“The Ignition Fund accelerated all the processes from product concept to production trial; from production upscaling to marketing and communication. The fund reminds us of the true beauty of living the entrepreneurial life: working hard, celebrating every milestone and leading the team moving forward.”

Hai Nguyen, Founder of The Shed Coffee Co

“I think it’s important to show people that they don’t have to go to Silicon Valley to find work in the tech industry. You can build a meaningful career right here in PEI, it’s just a different time zone.”

Tyler Noiles, The Lost Pixels

“The Ignition Fund will facilitate our production phase, as we perfect our formula and prepare to launch in stores. We look forward to becoming a household brand and providing authentic Afrocentric foods to the world.”

Rachael Sonola, Founder of Sonola Sweets

“The PEI Art Bank collection demonstrates the value of visual artists in the exploration of our Island culture and environment, and I am honoured to have my work included in this collection.”

Rilla Marshall, Artist

“The Ignition Fund accelerated all the processes from product concept to production trial; from production upscaling to marketing and communication. The fund reminds us of the true beauty of living the entrepreneurial life: working hard, celebrating every milestone and leading the team moving forward.”

Hai Nguyen, Founder of The Shed Coffee Co

“I think it’s important to show people that they don’t have to go to Silicon Valley to find work in the tech industry. You can build a meaningful career right here in PEI, it’s just a different time zone.”

Tyler Noiles, The Lost Pixels

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Business Supports

Small Business Assistance

To encourage the creation and viability of small businesses in Prince Edward Island, Small Business Assistance...

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PEI Broadband Fund for Communities

The availability of stable, high‑speed Internet infrastructure is critical for access to essential resources...

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Export Enhancement and Diversification Fund

Provides non-repayable assistance covering up to 60% of eligible costs, to a maximum of $32,000. Eligible expe...

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Aerospace and Defence Tax Rebate

There are over 900 employees in the aerospace industry across Prince Edward Island – the majority of the...

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We’re Here to Help.

Get in touch with an Innovation PEI team member. We’ll assess your needs and provide practical advice to help you grow and succeed.

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