Business Adaptation Advice Program (Extended Deadline July 1, 2020)

COVID-19 Business Adaptation Advice Program

Who is eligible for funding?

PEI Businesses who have been impacted by the effects of COVID -19 measures are eligible to apply, with the exception of real estate development.

What activities are supported through this assistance?

This assistance will contribute to the costs associated with:

  • obtaining business, human resources or financial planning and advice
  • obtaining advice on transitioning to digital or IT solutions
  • obtaining advice on exporting, marketing, and logistics
  • obtaining other professional services which may be of assistance in adapting or recovering from the impacts of COVID-19, determined in consultation with Innovation PEI

What level of assistance is available?

This assistance contributes 100 per cent of the cost (to a maximum of $2,500) to engage a professional business consultant.  The project must be completed between two parties operating at arms-length.

What criteria are used to evaluate funding applications?

  • Applications must clearly identify the COVID 19 challenge the business is looking to address.
  • Applicants are encouraged to discuss the project with an Innovation PEI representative to determine if the activity could be eligible for funding.

Source: Government of Prince Edward Island

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