For Prince Edward Island businesses looking to expand beyond Canada and reduce reliance on a single market, export growth often comes with real upfront costs. The Export Enhancement and Diversification Fund is designed to ease that burden by helping Island exporters and export-ready companies move forward with concrete export plans, from market research and promotion to trade events and buyer outreach. Delivered by Innovation PEI, the program is especially timely for businesses navigating shifting trade conditions and increased pressure from U.S. tariffs.
This fund supports a wide range of export-related activities that help businesses enter new international markets or strengthen their presence in existing ones. Marketing initiatives, digital and e-commerce strategies, participation in trade shows, and involvement in trade missions can all be supported, with non-repayable funding that typically covers a meaningful share of project costs. Depending on the activity, businesses may receive funding support of up to around $30,000, and in some cases additional assistance is available for bringing international buyers to Prince Edward Island. Applications are reviewed on a rolling basis, and enhanced support is currently available for qualifying activities.
The Export Enhancement and Diversification Fund is best suited for businesses that have a clear export strategy and are ready to act on new opportunities. For PEI companies considering international growth, understanding how this funding can support your next export move is a smart place to start.
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