Saskatchewan Technology Startup Incentive (STSI)
Saskatchewan tech startups can attract early-stage money because their local investors earn a large provincial tax credit.
Run by: Innovation Saskatchewan
Type: Tax credit
Where: Saskatchewan
Funding: 45% tax credit to the investor, up to $225,000 per annual investment and $140,000 claimed per tax year; a startup can raise up to $2 million; $7 million annual program cap
Business size: Fewer than 50 employees, including full-time, part-time and contract workers; not more than $5 million raised in equity
Deadline: ongoing
Related programs
Scientific Research and Experimental Development (SR&ED) tax incentives
Businesses doing eligible research and development in Canada can earn an investment tax credit, claimed with their income tax return.
NRC Industrial Research Assistance Program (IRAP) financial support
Technology-driven small and medium businesses can get project funding and advisor support to research, develop and commercialize products and services.
Canada Small Business Financing Program
Small businesses and start-ups can borrow through their own financial institution under a federally registered loan program.
Futurpreneur Startup Program
Young founders who are citizens or permanent residents can get startup loan financing to launch a new business.