IncubatorIn-Kind SupportPrince Edward IslandWorking CapitalStart a Business

LaunchPad

LaunchPad PEI is a non-profit incubator managed by Innovation PEI that supports the growth of innovative companies in Prince Edward Island. LaunchPad PEI is a designated incubator for the Start-up Visa Program and engages a network of partners to offer access to a Business Development Officer, office and/or laboratory space, and other services to assist local and immigrant entrepreneurs to overcome challenges in PEI.

Offered by Innovation PEI

Amount

No fixed amount

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Prince Edward Island

Who can apply

To be an eligible applicant, the business must:

  1. be a new business starting in Prince Edward Island OR an established business from outside the province intending to actively operate in Prince Edward Island;
  2. demonstrate the potential to create new jobs and wealth in Prince Edward Island; and
  3. operates in the bioscience sector.

The project must provide economic benefit to the province of Prince Edward Island.

Not eligible:

A business that has a defaulted outstanding debt obligation on file in the Province’s Central Default Registry is ineligible for assistance from Innovation PEI

New project submissions from an applicant in default on any reporting, project completion or financial obligation to Innovation PEI will not be reviewed until a resolution to the default is reached

About the funding

LaunchPad PEI is a designated incubator for the Start-up Visa Program and engages a network of partners to offer access to a Business Development Officer, office and/or laboratory space, and other services to assist local and immigrant entrepreneurs to overcome challenges in PEI.

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