Advanced Marine Technology Tax Rebate PEI
The Advanced Marine Technology (AMT) tax rebate is a new support that has been modeled from the success of the aerospace industry on Prince Edward Island. In less than 5 years, PEI has gone from limited advanced marine technology activity with sales under $5 million to a growing sector with staffing numbers close to 200 and sales over $100 million. With four ports on PEI and marine based training programs at Holland College, PEI is setting its course to grow the AMT sector through a full yearly rebate on all corporate income tax paid to the province of Prince Edward Island.
Grant Deadline
Deadline not available
Funding Amount
Deadline not available
Type of Grant
Tax Credit
Sectors
Agri-Food, Agriculture, Environmental Sustainability, Technology, research and discovery
Demographics
Incorporation
For Profit
Perks
Region Restriction
This grant is restricted to whole of Canada
Keywords
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
Who is eligible for the Advanced Marine Technology tax rebate?
- New and existing advanced marine technology company in Prince Edward Island
- AMT companies that have a minimum of 15 PEI staff and a minimum payroll of $700,000 per annum
- Working within the AMT sector and exporting from PEI
Grant Application website
Contact
Doug MacDonald, Aerospace, Defence and Advanced Manufacturing
Business Attraction and Emerging Sectors
94 Euston Street, PO Box 910
Charlottetown, PE C1A 7L9
Telephone: (902) 368-6300
Facsimile: (902) 368-6301
Toll-free: 1-800-563-3734
Email: business@gov.pe.ca