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Government of Saskatchewan, Innovation Saskatchewan
Money to invest in tech startups in Sask.
Gives individuals a 45% tax credit for investing in technology startups in Saskatchewan. The maximum credit is $225,000 per investment.
The STSI program offers a 45 per cent tax credit to Saskatchewan-based investors who support Eligible Startup Businesses (ESBs). Investors can earn up to $225,000 in tax credits per annual investment in an ESB and claim a maximum of $140,000 per tax year. This incentivizes private investment, helping early-stage tech startups access critical early-stage funding.
Business Size: small
Industries: technology, digital technology, clean technology, life sciences
Region: Saskatchewan
Other Criteria: For Startups (Eligible Startup Businesses - ESBs):, Fewer than 50 employees (full-time, part-time, contract workers), 50 per cent of employees based in Saskatchewan, Head office in Saskatchewan (consult Program Guide if no physical head office), Registered to do business in Saskatchewan, Have not raised more than $5 million in equity capital, Substantially engaged in the research, development and commercialization of novel innovations in digital or clean technologies (expanded to include life sciences companies in Fall 2025), Advancement to what currently exists in the marketplace, Unique features and benefits distinct to competitors, Digital technology uses electronics, software, computers, AI or other information & data systems, Clean technology increases energy efficiency or reduces emissions or environmental impacts of existing industrial processes, An ESB can raise a maximum of $2 million under the program, No more than $1 million of this investment can have occurred prior to April 1, 2021, For Investors:, Saskatchewan-based accredited individual or corporate investors, Individuals & Corporations must be an accredited investor OR meet exemption requirements, Limited Partnerships must have limited partners who meet individual or corporation criteria, have a mechanism to track ownership interests, and file a Declaration of Limited Partnership in accordance with the Business Names Registration Act
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This program is available to small businesses in technology, digital technology, clean technology industries located in Saskatchewan.
This program offers funding up to $140,000.
This program accepts applications on a rolling basis.
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