Government Grant
Tourism Seasonal Extension Program
The new Tourism Seasonal Extension Program is intended to support capital investments to help tourism businesses remain open on a multi-season basis and drive economic activity across Prince Edward Island in historically lower-demand periods.
The program will be administered through a partnership between Tourism PEI and the Community Business Development Corporations (CBDCs), including:
- CBDC Western PEI
- CBDC Central PEI
- CBDC PEI East
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- Prince Edward Island
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- Last updated 2 years ago
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Description
The new Tourism Seasonal Extension Program is intended to support capital investments to help tourism businesses remain open on a multi-season basis and drive economic activity across Prince Edward Island in historically lower-demand periods.
The program will be administered through a partnership between Tourism PEI and the Community Business Development Corporations (CBDCs), including:
- CBDC Western PEI
- CBDC Central PEI
- CBDC PEI East
Purpose
The purpose of the program is to provide PEI tourism businesses with a non-repayable financial contribution (grant) toward eligible capital expenses to assist with seasonal extension. The program will be administered through a joint partnership between Tourism PEI and the Community Business Development Corporations(link is external) (CBDCs) including:
- CBDC Western PEI
- CBDC Central PEI
- CBDC PEI East
The total obligation of the Government of Prince Edward Island under the Tourism Seasonal Extension Program will not exceed $1,500,000; at any point, government reserves the right to pro-rate payments should total claims exceed this budget allocation.