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.
