Small Business Assistance

Getting a small business off the ground—or strengthening one that’s still early in its growth—often comes down to having the right plans and systems in place. Prince Edward Island entrepreneurs looking to improve how their business operates can find practical support through the Small Business Assistance program from Innovation PEI. This initiative is focused on helping local businesses become more productive and competitive by offsetting the cost of professional expertise and early-stage planning work.

The program is particularly relevant for startups and young businesses that need help refining internal processes, improving operational efficiency, or validating their market direction. Support can be used toward professional services such as business planning, market research, workflow analysis, quality assurance, or developing internal policies and systems. For very new businesses, there is also funding support available to help with early marketing and promotional activities, making it easier to build visibility and attract customers during the critical first year. Funding is non-repayable and typically covers a portion of eligible project costs, up to a few thousand dollars depending on the activity.

Small Business Assistance is open to PEI-based businesses across a wide range of industries that meet certain requirements and are actively contributing to the provincial economy. Applications are reviewed as they come in and depend on available program funds, so timing and preparation matter. For business owners considering whether this support aligns with their next steps, exploring the full program details can help clarify how to make the most of this opportunity.