Financial assistance for PEI businesses affected by the COVID-19 pandemic that cannot access other federal and provincial funding

COVID-19 Special Situation Fund for businesses and organizations

Type of Funding

Grant
Loan

Max Funding

N/A

Region

Provincial

Application Difficuty

Average

Processing Time

Medium (A few weeks)

Province

Prince Edward Island

Industry

N/A

Funding Goals

Working capital.
COVID-19 Help.

Demographic

N/A

Incorporated

No

Contact

peibusinesshelpline@gov.pe.ca
1-866-222-1751

Get A Fast Business Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score

Details

Temporary financial assistance for organizations that have been significantly affected by COVID-19 and are not eligible for other forms of federal or provincial financial support.

Eligibility

This program is only for organizations that aren’t eligible for other federal and provincial government programs, including COVID-19 emergency funding programs.
Businesses must have declared business income on their most recent tax return.
Community groups and non-government organizations must have been operating in PEI as of December 31, 2019.

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