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Business Start-up and Entrepreneurship in Prince Edward Island

Prince Edward Island offers various programs and supports to encourage entrepreneurship, business innovation, and job creation for Islanders.

Summary

PEI provides multiple resources including the Small Business Investment Grant, Entrepreneur Loan Program, Business Navigator, Micro-Loan Program, and Web Presence Assistance to support new and existing entrepreneurs. Recent initiatives include low interest loans for young farmers and programs aimed at strengthening the next generation of producers.

Key points
  • PEI focuses on creating new opportunities for entrepreneurs and encouraging business growth to build economic success.
  • Programs available include Small Business Investment Grant, Entrepreneur Loan Program, Business Navigator, Micro-Loan Program, and Web Presence Assistance.
  • Recent news highlights include a new low interest loan program for young farmers and the Future Farmer program to support upcoming producers.
  • The Business Navigator offers free guidance on provincial regulations for starting and growing a business.
  • Resources include guides on business planning, marketing strategy, business structure, and corporate registry.
Policy changes
  • Introduction of a new low interest loan program for young farmers as of December 3, 2025
  • Launch of the Future Farmer program to support the next generation of producers as of October 15, 2025
Who is affected
  • Entrepreneurs and business owners in Prince Edward Island
  • Young farmers and new agricultural producers
  • Individuals seeking to start or grow a business in PEI
How to apply / next steps
  • Access programs and services through the PEI government website
  • Use the Business Navigator service for guidance on regulations and application processes
  • Contact government general inquiries or use the feedback tab for assistance
Dates
  • December 3, 2025 - New low interest loan program for young farmers announced
  • October 15, 2025 - Future Farmer program launched
Keywords
Prince Edward Island entrepreneurship business start-up entrepreneur loan small business grant young farmers Future Farmer program business innovation job creation business navigator micro-loan provincial immigration PNP
About this update
Program
Published
2026-02-07
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