Saskatchewan Technology Startup Incentive (STSI)

About this program

STSI offers a 45 per cent tax credit to Saskatchewan-based investors supporting Eligible Startup Businesses developing novel innovations in digital, clean or life sciences technologies. The program encourages investment in early-stage tech startups that bring new products to market and create jobs in Saskatchewan, with a $7 million annual budget cap.

What this program funds

Innovation Saskatchewan administers the Saskatchewan Technology Startup Incentive, a tax credit program for Saskatchewan-based investors who support eligible early-stage technology startups. The program targets startups developing novel innovations in digital, clean, or life sciences technologies.

Eligible Startup Businesses can benefit when Saskatchewan-based investors provide funding. Investors receive a 45 percent tax credit on their investments in these companies. The program aims to encourage investment in early-stage tech startups that commercialize new products and create jobs within the province.

The program has a $7 million annual budget cap. Individual investments can receive tax credits on up to $2 million. Applications are accepted on a rolling basis.

Written by AI from this listing's own details, with no facts added. How we use AI. Always confirm the details on the funder's official page before applying.