Enriched Investment Tax Credit

Government of Prince Edward Island, Innovation PEI

Overview

Get a provincial corporate tax credit of 25% on costs associated with qualified manufacturing and processing equipment. To be eligible, your business should be operating in a strategic sector such as bioscience, aerospace and defence, renewable energy and clean technology, or ICT.

At a glance

Categoriestax credit
FundingUp to 25% of eligible costs
StatusAccepting applications
RegionPE
Sectorsgeneral

Eligibility and requirements

Funding Limits 25 % provincial corporate tax credit on costs associated with qualified manufacturing and processing equipment. Cumul: The combined project funding from all non-repayable government sources cannot exceed 75 per cent of eligible costs Note: The credit will be rebated against future PEI corporate income taxes paid by the company

How Mona Studio helps business owners use this program

Enriched Investment Tax Credit is one of many Canadian funding options listed in our grant finder. Mona Studio helps general teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.

Official program website

Similar funding opportunities

View interactive program page on Mona Studio