Export Trade Assistance

Overview of the Export Trade Assistance program:

Export Trade Assistance provides support to Prince Edward Island small businesses and is available to active exporters and export-ready companies to explore new global opportunities. Support may be available for Innovation PEI’s Global Trade coordinated trade activities, including virtual trade initiatives, focused on international and domestic exporting; and bringing buyers and business partners to Prince Edward Island to strengthen business relationships or close sales.

Benefits of the Export Trade Assistance program:

• An eligible business may access support for eligible costs related to:
• Travel Related Activity
• Up to 40% of pre-determined eligible costs for participation in approved Innovation PEI Global Trade coordinated trade activities
• Eligible costs include economy travel, accommodation, and meals per diem (limited to 2 representatives per business).
• Virtual Trade Activity
• Up to 40% of pre-determined eligible costs, to a maximum Innovation PEI contribution of $3,000
• Eligible costs include registration fee (limited 2 representatives per business) of activity, virtual preparation (virtual booth, digital content, activity-specific marketing material), shipping costs for sending samples to virtual B2B events, and consultant fees (digital marketing / IT / in-market) related to shows, missions, and B2B events. IPEI reserves the right to limit such activities to three annually, per business.
• Incoming Buyers Assistance
• Up to 75% of pre-determined eligible costs, to a maximum Innovation PEI contribution of $3,000
• Businesses must pay the remaining 25% of total costs. Eligible expenses may include economy travel, accommodation, and meal per diem (limited 2 buyers per business per visit), Innovation PEI reserves the right to limit such activities to two annually, per business.

Eligibility criteria of the Export Trade Assistance program:

• To be an eligible applicant, a business must be located in Prince Edward Island and:
  • Be registered to conduct business and actively operate in Prince Edward Island;
  • An active exporter OR export-ready business;
  • Exports products and/or services that it manufactures, processes, or develops primarily for export;
  • Operates within one of these strategic sectors:
  • Bioscience;
  • Aerospace and defence;
  • Advanced manufacturing and processing;
  • Food, seafood, and beverage processors/manufacturers
  • Renewable energy and clean technology;
  • Information and communications technology;
  • Professional services;
  • Creative and cultural industries; and
  • First-of-its-kind exportable goods or services in other sectors may be considered.