Enriched Investment Tax Credit
Prince Edward Island
Government of Prince Edward Island, Innovation PEI
Funding Amount
25% provincial corporate tax credit on costs associated with qualified manufacturing and processing equipment
Funding Limits
25% of eligible costs
Program Contact Details
innovation@gov.pe.ca
1-800-563-3734
Industry
Bioscience, Aerospace and Defense, Advanced Manufacturing and Processing, Renewable Energy, Clean Technology, Information and Communications Technology, Creative and Cultural Industries
What is this funding for?
Rebates for manufacturing and processing exporters in PEI
Program Description
The Enriched Investment Tax Credit (EITC) is intended to advance the competitiveness of Prince Edward Island’s manufacturing industry by encouraging investment for modernization and productivity improvement. It provides a tax rebate for an additional 25% tax credit for manufacturing and processing companies that invest in qualified property to implement high-productivity applications with a strong export focus.
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