Export Enhancement and Diversification Fund

For Prince Edward Island businesses looking beyond the local market, exporting can open the door to new revenue but often comes with high upfront costs. The Export Enhancement and Diversification Fund is designed to ease that burden by helping Island companies pursue new international opportunities, strengthen their presence in existing markets, and reduce reliance on any single export destination. Delivered by Innovation PEI, the program is especially timely for exporters navigating shifting trade conditions and added pressures such as U.S. tariffs.

This fund supports a wide range of export-focused activities, including market research, international marketing campaigns, trade show participation, and the development of digital and e-commerce strategies. Businesses can also receive support to join Innovation PEI–led trade missions or prepare for virtual trade events, making it easier to connect with buyers without absorbing the full cost. In addition, assistance is available to help bring qualified international buyers to Prince Edward Island for site visits or partnership discussions. Overall funding can reach up to around $30,000 per business, covering a significant share of eligible project expenses.

The Export Enhancement and Diversification Fund is generally available to export-ready small and medium-sized businesses operating in Prince Edward Island, with applications reviewed on an ongoing basis as funds allow. For business owners considering international growth, understanding how this program fits into a broader export strategy is a smart next step.