The provincial government recently launched the Small Business Investment Grant helps Prince Edward Island’s small businesses improve efficiency and innovation by way of a non-repayable financial contribution toward eligible capital asset costs.
Assistance is open to eligible small businesses operating on Prince Edward Island. Payment will be based on 15 percent of actual eligible cost as determined at the time of the request for reimbursement – resulting in a maximum grant of $3,750.
Eligible businesses that submit complete applications for support of eligible capital assets will be approved on a first come, first served basis subject to budget availability.
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