Seed Capital Program
The Seed Capital Program provides loans, with flexible interest and repayment terms, to help start, expand or improve a small business. The Program also provides up to $2,000 for specialized training and business counselling (Subject to Availability of funds).
Self-Employment Benefit Program
The SEB Program provides unemployed Employment Insurance eligible individuals with income and entrepreneurial support for 52 weeks while they develop and implement their business plan. The program assist unemployed Employment Insurance eligible inidividuals to prepare for, obtain and maintain employment.
Small Business Loans
The CBDC's in PEI provides term loan financing to individuals and businesses, with viable projects, that are not able to access loans via tradional lending sources or government agencies. The term loans are limited to $150,000 total to any one individual.
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