Cleantech Innovation and Research Fund
Island businesses, organizations, academic institutions and communities developing clean technology may be eligible for funding through the Cleantech Research and Innovation Fund (CRIF). CRIF will provide up to $500,000 for research and development of a product, service or process that achieves any of the following program pillars:
- Reduce negative environmental impact by significantly improving energy efficiency and switching fuel sources;
- Sustainably enhance grid resiliency;
- Develop sustainable use of resources;
- Create non-emitting and/or renewable energy; or
- Enhance environmental protection activities.
For more information or to apply at the Cleantech Innovation and Research Fund
Innovation PEI Supports for Cleantech
The cleantech industry is growing in PEI as we work to achieve our target of being the first province in Canada to reach net zero.
- The Island's cleantech sector contributed $175M to the Island’s GDP.
- The province of PEI has committed to setting up three tax-free cleantech development zones
- Construction has begun on the new Cleantech Park, home to PEI’s Cleantech Academy and Cleantech Innovation Centre
Innovation PEI has a suite of competitive business supports for cleantech businesses looking to establish or grow on PEI. As a number of the business supports may be stacked to provide businesses capital and support, it’s best to reach out to Innovation PEI’s cleantech support, Doug MacDonald, to ensure your business is aware of all avenues available. More information is available at Innovation PEI Supports for Cleantech
