Product and Market Development Program — Agri-Businesses

For Prince Edward Island agri-businesses looking to move beyond primary production and build stronger markets, support is available to help turn those plans into action. The Product and Market Development Program — Agri-Businesses focuses on helping farms, processors, and agri-food companies invest in new products, improved processing, and market expansion efforts that strengthen competitiveness both at home and beyond the province.

Delivered by the PEI Department of Agriculture, the program offers non-repayable funding of up to roughly $30,000 to help cover a portion of project costs tied to product development or market growth. This can include value-added processing initiatives, exploring new domestic or international markets, branding and packaging work, market research, or adopting new technologies and practices that improve efficiency and innovation. Projects that incorporate knowledge adoption or clean technologies are given particular consideration, making the program especially relevant for businesses focused on modernization and long-term sustainability.

The program is designed for small and medium-sized agricultural producers, agri-businesses, and agri-processors with specific, business-driven projects rather than broad industry initiatives. While funding for the current cycle has been fully allocated, the program is expected to reopen in 2026. For PEI agri-food businesses planning ahead, reviewing the full program details can help determine whether this opportunity aligns with your next stage of growth.