PEI Events Innovation Fund

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The PEI Events Innovation Fund (PEIF) has been established by the Tourism Industry Association of PEI (TIAPEI) to support innovative festival and event development to enhance the Island’s tourism industry.

As an industry-led fund, priority will be given to festivals and events with the greatest potential for return on investment for the PEI economy. Event operators are encouraged to submit their application early as funds are limited.

 

Eligibility

Applications to the PEI Events Innovation Fund must be submitted by an incorporated non-commercial entity (such as not-for-profit organizations, local development associations, municipalities and their agencies, business or technology institutes, industry/sector association, economic development associations, etc.) located within Prince Edward Island.

Partnerships between non-profit and for-profit entities are permitted to submit a joint project with the non-profit being the lead applicant, responsible for financial commitments and reporting. The partnered event shall be non-commercial in nature. The end beneficiary of investment shall be the tourism community at large.

Program contributions to any one festival or event is a minimum of $7,500 to a maximum of $50,000. Organizations who support more than one event may submit a separate application for each unique event.

Priority will be given to in-person events that generate significant visitation or brand development for PEI as a desirable destination. The PEI Events Innovation Fund does not fund community festivals or religious celebrations. Festivals and Events must take place before February 28, 2024.

 

Application Deadline

There will be a single intake for the PEI Events Innovation Fund. Events with larger budgets or longer lead times are encouraged to submit their proposals as soon as possible as the PEI Events Innovation Fund has limited resources available.

Application Deadlines:

First intake - 4:00 PM ADT Sept. 13, 2024

Second Intake - 4:00 PM ADT Oct. 4, 2024

The PEI Events Innovation Fund review committee as appointed by TIAPEI will meet within two weeks of each intake deadline. Applicants will receive notification of recommendations within 5 business days following review committee meeting.

 

To view PEIF Criteria CLICK HERE

Please direct any inquiries to:

Ryan Duffy, Industry Engagement & Events Officer

Tourism Industry Association of PEI

rduffy@tiapei.pe.ca

902-566-5008