Innovation Saskatchewan · Investor tax credit (45%)
Open — intakes open, first come first served Non-repayable

Saskatchewan Technology Startup Incentive (STSI)45% tax credit to investors. An eligible startup can raise a maximum of $2 million under the program; an investor can earn up to $225,000 in credits per annual investment and claim a maximum of $140,000 per tax year.

STSI is unusual and easy to misread: the money does not come to the company.

Innovation & R&D
Category
Saskatchewan
Region
No deadline; credits allocated first come, first served while the allocation lasts
Deadline

About this program

STSI is unusual and easy to misread: the money does not come to the company. It is a 45% tax credit for investors who back an Eligible Startup Business, so the benefit to a Saskatchewan startup is that raising private capital becomes markedly easier. Credits are allocated first come, first served, and eligibility now extends to life sciences alongside digital and clean technology.

Who is eligible

Saskatchewan-based startups developing novel digital, clean or life-sciences technology qualify as Eligible Startup Businesses; the credit itself goes to the individuals, corporations and limited partnerships investing in them.

Verified against the official source

A person checked this program against the administering body's own page on that date. Programs change between checks, so confirm eligibility, amounts and deadlines before you apply. How dates like this are earned: our verification methodology.

Official program page