Charlottetown, Prince Edward Island
Charlottetown businesses hit by tariffs can apply for up to $3 million in federal funding that never has to be paid back, through ACOA. We find the programs, write the application and arrange business loans when you need capital sooner.
The Charlottetown economy
Charlottetown is the capital of Prince Edward Island, where potatoes, seafood, bioscience and aerospace companies drive a strong export economy.
When customers south of the border delay orders, or the price of steel, aluminum and imported components jumps, the pressure lands on payroll and cash flow first. That is exactly the gap federal tariff relief was designed to fill.
We work with Charlottetown owners by phone and video, so there is no need to travel. You tell us how tariffs have affected the business, and we map every federal, provincial and municipal program you could qualify for.
Programs
Grants that never have to be repaid come first. Provincial programs and business loans fill the gaps.
Covers up to 50% of eligible costs like payroll, rent, utilities and insurance for up to 12 months, through ACOA.
Official program pageFunds equipment, automation, new markets and supply chain projects at up to 50% of eligible costs. Larger projects can access interest free repayable support.
Official program pageP.E.I. has offered low interest working capital loans for tariff affected businesses and funding for export diversification research.
Provincial websiteNeed capital before your grant decision? We arrange financing for Charlottetown businesses through more than 50 lending partners.
Explore business loansA Charlottetown example
An illustrative example of how the programs above can stack for one Charlottetown business. It is not a specific client. Your own numbers decide what you qualify for.
The business
Why it qualifies
The tariff hit
U.S. food service buyers moved to domestic suppliers once tariffs applied. The fall harvest still came in, and the storage sheds filled with nowhere to ship it.
The funding plan
$1.5Min funding that never has to be repaid
Half of payroll, storage and utilities for six months.
Half the cost of a frozen product line for Canadian food service distributors.
Provincial help for Island producers facing tariffs.
Carries stored inventory until new buyers take delivery.
Tariff relief grants in Charlottetown are delivered by ACOA. We build the file to its requirements.
Illustrative only. Grants cover up to 50% of eligible costs, and actual amounts depend on your costs, the agency’s review and program intake.
Yes. Incorporated businesses in Charlottetown with at least $1 million in annual revenue that were operating before March 21, 2025 and can show a direct or indirect tariff impact can apply to the Regional Tariff Response Initiative. Up to $3 million is available per business in funding that does not need to be repaid.
Atlantic Canada Opportunities Agency (ACOA) delivers the Regional Tariff Response Initiative for businesses in Atlantic Canada, including Charlottetown. We prepare your application to ACOA’s requirements.
No. We work with Charlottetown owners by phone and video, and documents are shared securely online. Most files move from the first call to a submitted application without anyone needing to travel.
Yes. We arrange term loans, lines of credit, CSBFP loans and invoice factoring from $20K to $2M through more than 50 lending partners, which is useful when you need capital before a grant decision lands.
Typically evidence such as lost or delayed U.S. orders, higher costs for steel, aluminum or imported inputs, supply chain disruption, or at least 25% of revenue from goods ultimately exported to the United States. We help you document it clearly.
Nearby
Free eligibility check
Fill in one short form or give us a call. A grant specialist reviews your situation and walks you through the programs that fit, and how much you could receive.
One short form. A specialist calls you back.
Open 7 days a week, 7 AM to 7 PM ET
Get in touch
Send us your details and a grant specialist will call you back to walk through the tariff relief programs that fit your business. No obligation.
Takes about a minute. A specialist will call you back.
