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
Who can apply
To be an eligible applicant, the business must:
- 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;
- demonstrate the potential to create new jobs and wealth in Prince Edward Island; and
- 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 Provinceās 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.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| AgriScience Program ā Projects | Grant, In-Kind Support | Up to $5 million per project and $10 million per applicant over the program's duration (2023 to 2028) | Open |
| Filmmaker Assistance Program | Grant, In-Kind Support | Local: reimbursement of post-production costs up to $7,500 per filmmaker for short films and $15,000 per filmmaker for feature films | Open |