# Music PEI Funding Program - Business Development

**Type:** Grant
**Category:** Other Programs
**Funding Amount:** Up to CAD 4,000 CAD
**Official Source:** https://www.musicpei.com/funding/investment-programs/

## About This Program

Money for Prince Edward Island (PEI) music industry development

## Details

Music PEI has awarded over $1,000,000, investing in more than 400 projects by Island artists and music industry members. The number of internationally touring artists has increased by 400%, the number of recording studios has doubled, and a 2015 Economic Impact Study commissioned by Music PEI showed that the Island s music industry now accounts for 1,000 full-time equivalent jobs.    The Business Development Stream supports Eligible Music Companies by investing in development projects. Investment is available for initiatives that are not artist-specific, but that support the marketing and promotion of the company, full roster, and its services.

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