Self Employ PEI

Self Employ PEI is an employment program developed to help job seekers who want to launch their own business. This program provides financial support and business counselling to new entrepreneurs during their first year of operation. SkillsPEI offers Self Employ PEI information sessions for interested job seekers to find out more about the program.

Grant Deadline

Deadline not available

Funding Amount

$1,000

Type of Grant

Grant, Funding

Sectors

All Sectors

Demographics

Incorporation

For Profit, Non Profit

Perks

Region Restriction

This grant is restricted to whole of Canada

Keywords

startup, business, for-profit, Starting a new business, entrepreneur, Investments, self employment

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

Who is Eligible to Participate?

If you are unemployed and looking for full time employment you are eligible to apply.

You must be legally authorized to work in Canada (Canadian citizen or permanent resident);
You must have a current claim for Employment Insurance benefits; or
You must have a previous EI claim whose benefit period ended within the previous 60 months; or
An unemployed person who paid, in at least 5 of the last 10 years, employee's premiums that did not entitle the person for a refund (ie. If the person made less than $2000 in earnings in a year, any EI premiums that they would have paid, would be reimbursed);
You must not have started the operation of your new business prior to program approval;
Other criteria may apply.

How do I Apply?

If you are interested in the Self Employ PEI program, you must attend an Information Session. After the Information Session, you can set up a time to meet with a Program Officer/Case Manager to complete a needs assessment and develop a Return to Work Action Plan. Once this is complete, you can submit the Self Employ PEI Application for Individuals with your business plan and proof of financing. Please note, applicants must not have started the operation of the proposed business before submitting an application for the program.

To assess your application, we will need:

Return-To-Work Action Plan:
Self Employ Suitability Assessment questionnaire;
Self Employ PEI Application for Funding;
Detailed business plan;
Proof of investment or financing;
Resume;

Your business plan must demonstrate that your business will provide the potential for long term viability. There are many types of eligible businesses that qualify for funding: manufacturing, food and beverage, information technology, trades, retail, etc.

Once you submit your completed application package, SkillsPEI will review your information. Once you receive confirmation that your application has been approved for the Self Employ PEI program, you can open your new business.

Grant Application website

https://www.princeedwardisland.ca/en/service/self-employ-pei

Contact

General Inquiries

1-877-491-4766

skillspei@gov.pe.ca(link sends e-mail)

skillspei.com

Charlottetown

Atlantic Technology Centre

176 Great George Street, Suite #212

Phone: (902) 368-6290

Summerside

Access PEI

120 Heather Moyse Drive

Phone: (902) 438- 4151

Montague

548 Main Street

Phone: (902) 838- 0674

O'Leary

Future Tech West

454 Main Street

Phone: (902) 859-8898

skillspei@gov.pe.ca