The Ignition Fund is a competitive based innovation fund for entrepreneurs seeking start-up capital for a new business venture. Innovation PEI will invest seed capital that will allow the successful applicants to turn venture ideas into tangible, viable businesses.
This initial investment is expected to leverage additional funds to support the project. Applicants must ensure that employment agreements allow for participation in this program and for the development of new products and services.
Some activities eligible for support under the Ignition Fund include, but are not limited to:
- Professional and consulting services i.e. incorporation, legal services, etc.
- product development and refinement
- marketing and market research
- intellectual property
- business development
- capital purchases
Any or All Disciplines, Architecture, Literary arts, Performing arts - Dance, Performing arts - Theatre, Performing arts - Other, Visual Arts, Media Arts, Crafts/Artisan, Music and Sound
Operational Funding, Strategic Funding
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