Strategic Improvement Assistance

💡What Is This Program?

📋What Are the Application Steps & Timeline?

📝Steps to ApplySource

• Create an account and submit your profile to the Expression of Interest system.
• Candidates that meet economic and labour market needs will be invited to submit an application.
• Submit a complete application to the Office of Immigration.

🌐Application PortalSource

https://www.princeedwardisland.ca/en/service/submit-your-expression-of-interest-profile

📤Submission MethodSource

online

📅Key DatesSource

November 1, 2025Submission window opens

30 calendar days after receiving ITASubmission deadline

🔄Intake TypeSource

fixed-deadline

📄What Documents Are Required?

✅Required DocumentsSource

• Detailed Financial Statements for the previous two years (for existing businesses)
• Completed business plan (for new businesses)
• Description of the proposed project or activity
• Detailed description of the economic benefits to the organization and to Prince Edward Island
• Detailed information on the estimated costs of the proposed project or activity
• Source of funds for the project
• Explanation of the business's current market position and projected market
• List of all shareholders and key management personnel

📎Optional DocumentsSource

• Marketing plan
• Competitive analysis
• Feasibility study
• Resume

📐Format Requirements

PDF only, max 10MB

💰What Expenses Are Eligible?

🤝Is Matching Funding Required?

📊What Are the Reporting Requirements?

🗓️Reporting FrequencySource

annual

📑Reporting RequirementsSource

• performance monitoring reports
• financial statements for the previous two years
• detailed project descriptions

🔍Audit RequirementsSource

Audit may be required if suspected fraudulent intent is detected.

📢Branding RequirementsSource

Acknowledgment of funding from Innovation PEI is required.

🗄️Record Retention PeriodSource

2 years