Business Development Program

For Prince Edward Island agri-businesses facing tighter margins, workforce challenges, or the need to professionalize operations, access to targeted development funding can make a real difference. The Business Development Program, delivered by the PEI Department of Agriculture and Land, is designed to help agricultural producers and small to medium-sized agri-food businesses strengthen how they plan, train, and manage their operations as they prepare for growth at home or abroad.

This program offers cost-shared, non-repayable support across several practical areas. Businesses can receive funding to work with professional advisors on business or financial planning, invest in skills development and training for owners or staff, and undertake benchmarking or risk management projects to better understand performance and exposure. There is also support for broader sector capacity-building initiatives, such as organizational development or market expansion activities, with total project funding reaching up to roughly $70,000 depending on the mix of activities. The focus is on building long-term capability rather than short-term relief, making it particularly relevant for established operations looking to scale or adapt.

Due to strong demand, the program is currently paused and expected to reopen in a future intake. For PEI agriculture and agri-food organizations planning ahead, reviewing the full program details can help determine whether this funding aligns with upcoming business priorities.