Saskatchewan Business Support Programs

News release

The Strong Recovery Adaptation Rebate (SRAR) reimburses eligible small businesses for investments made to adapt their business to operate during the COVID-19 pandemic.  Financial assistance includes a payment of up to $5,000 for 50 percent of total eligible business-adaptation investments made by the applicant prior to February 28, 2021.  Eligible expenditures include establishing physical barriers or reconfiguring space to operate safely, providing services through digital tools, providing different services or products, and shifting to delivery or curbside services including for third-party delivery fees. The application deadline is March 31, 2021. For more information, businesses can call 1-844-800-8688, email SRAR@gov.sk.ca, or visit www.saskatchewan.ca/strong-recovery-adaptation-rebate

The Saskatchewan Small Business Emergency Payment (SSBEP) has now been extended for February and March 2021.  Eligible businesses, who have been ordered to temporarily close or scale-back operations through a public health order, could receive up to $5,000 per month that can be used for any purpose. The application deadline is April 30, 2021. For more information, businesses can call 1-800-667-6102, email ssbep@gov.sk.ca,  or visit www.saskatchewan.ca/small-business-emergency-payment

We have also announced a second offering of the Saskatchewan Tourism Sector Support Program (STSSP) for eligible tourism businesses in the accommodations, attraction and tours, events, and major event facility sectors that have seen a 30 per cent drop in revenue as a result of the pandemic.   Applications will be available March 8 and the deadline to apply is April 30, 2021. For more information, businesses can call 1-800-667-6102, email stssp@gov.sk.ca, or visit www.saskatchewan.ca/tourism-sector-support

The Re-Open Saskatchewan Training Subsidy (RSTS) has been extended to March 31, 2021. This temporary training subsidy provides businesses with financial support to train employees as they adjust to the impacts of the COVID-19 pandemic.  The RSTS reimburses eligible private-sector employers 100 per cent of employee training costs up to a maximum of $10,000 per business, which will help employers adapt to the impacts of the pandemic and safely align business activities with the re-opening of Saskatchewan’s economy. For more information, businesses can email cansaskjobgrant@gov.sk.ca or visit www.saskatchewan.ca/training-subsidy.   

For more information on all of the provincial and federal government supports available, businesses can visit www.saskatchewan.ca/covid19-businesses

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Campaign for Mental Health

News release

The COVID-19 pandemic has spawned a new mental health crisis in Saskatchewan. Concerns over personal and loved ones’ health, anxiety around employment and finances, and loneliness stemming from social isolation has had severe impacts on youth, adults, and seniors alike.

In 2021, insurance brokers are committed to doing their part to make a difference. The #BrokersCare Campaign for Mental Health is a yearlong initiative of the Insurance Brokers Association of Saskatchewan (IBAS), presented in partnership with Wawanesa Insurance, dedicated entirely to raising funds and awareness to support improved mental health outcomes. 

100% of all proceeds from the campaign go directly to fund grassroots mental health projects in communities throughout the province.

Funding Eligibility

What groups are eligible to receive grant funding?

Registered charities, not-for-profits, community organizations, and educational institutions (including K-12 and post-secondary schools) are eligible to apply.

How much funding can organizations apply for?

Eligible organizations may apply for one-time grants between $100 – $10,000, to a maximum of $10,000 per organization (no limit to the number of projects). While each application will be adjudicated thoroughly on its merit, due to the high volume of anticipated demand, modest funding requests may have a higher probability of success or a faster turnaround time:

  • $100 – $999: Response within five business days of application;
  • $1,000 – $4,999: Response within 15 calendar days of application; and
  • $5,000 – $10,000: Response within 30 calendar days of application.

What types of projects are eligible?

The sky is the limit! We’re willing to consider any project or initiative that meaningfully supports mental wellness and improved mental health outcomes in Saskatchewan communities. Projects will be evaluated based on demonstrated need, impact, and capacity to execute. Funding must be directly used to offset expenses incurred in the 2021 calendar year; it cannot be used to offset operational costs such as employee wages and overhead.

When are applications open?

Applications are currently open and will remain open so long as fundraising efforts allow. In the event applications close temporarily, a target reopening date will be posted here. 

How can I apply?

Access the funding application using the button below:

Campaign Contact

Kyle Halvorson
Manager, Community Engagement
Insurance Brokers Association of Saskatchewan
Phone: (306) 525-4076
E-mail: kyle.halvorson@ibas.ca

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More support for small businesses experiencing COVID-19-related losses across Western Canada

News release

The expanded Regional Relief and Recovery Fund now offers up to an additional $20,000 for eligible small businesses needing continued financial support

February 5, 2021 – Edmonton, Alberta – The Government of Canada has been supporting small businesses and protecting jobs since the pandemic began, and will continue to do so for as long as it takes. Since its launch on May 13, 2020, the Regional Relief and Recovery Fund (RRRF) has protected over 33,500 jobs in Western Canada by providing nearly $427 million to support over 7,400 businesses and organizations, of which nearly 45 percent are located in rural areas and 30 percent are owned by women.

Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Western Economic Diversification Canada announced an expansion of the RRRF to align with the increased funding available under the Canada Emergency Business Account (CEBA). This follows the Government’s intention in the Fall Economic Statement, to increase RRRF funding by $500 million nationally, including over $250 million for Western Canada. This will make a total of more than $800 million available to meet strong demand to help western Canadian small businesses and organizations with liquidity needs that cannot be met by other federal support programs, such as the new Highly Affected Sectors Credit Availability Program (HASCAP).

New applicants to the RRRF can now request up to $60,000 in interest-free, repayable support, up from $40,000 previously. Existing RRRF recipients can now apply for additional funding of up to $20,000, if they continue to suffer eligible COVID-19-related losses. Additional fully repayable liquidity support over $60,000 may also be available for eligible applicants.

With many travel and public health restrictions in place, Western Canada’s tourism sector has been particularly hard-hit by the pandemic. This is why a minimum of 25 percent of RRRF funding across Canada is earmarked for local tourism-related businesses and organizations to help them to be ready for an eventual recovery of the industry.

Quotes

“We’ve been listening to small businesses and tourism operators, and we understand that additional support was required to bridge them to our economic reopening and recovery. Covering an additional $20,000 of losses will help many small businesses make it through. My message to entrepreneurs is clear:  We have stood with you from the start of this pandemic, and we’ll stand by you to the end.”
– The Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Western Economic Diversification Canada 

Quick facts

  • RRRF is a national $2 billion needs-based program delivered by the Government of Canada’s regional development agencies, including Western Economic Diversification Canada, to fill gaps by helping support:– businesses and organizations unable to access other federal pandemic support programs; and– businesses and organizations that continue to experience hardship after accessing these measures. 
  • Up to 12 months of liquidity support is available to cover losses sustained between April 1, 2020, and March 31, 2021, an increase of six months. The deadline to apply is March 31, 2021.
  • This new funding increases the contribution limit from $40,000 to $60,000, based on eligibility.
  • Eligible applicants can get funding up to $40,000, with 25 percent (up to $10,000) forgivable if the non-forgivable portion is repaid by December 31, 2022.
  • Eligible applicants can apply for an additional funding over $40,000 and up to $60,000, with 50 percent (up to $10,000) forgivable if the non-forgivable portion is repaid by December 31, 2022. 
  • The fully repayable liquidity support over $60,000 is subject to different terms and different deadlines.
  • Community Futures organizations across the West are delivering targeted RRRF support to small businesses in rural communities.
  • In Western Canada, program delivery is also being complemented by the Women’s Enterprise Initiative.

Associated links

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Applications open – up to $100,000 available for local social purpose organizations to grow their positive impact in Saskatchewan

For Immediate Release

January 9, 2020

Regina, SK –  Women Entrepreneurs of Saskatchewan (WESK) is proud to be part of the Saskatchewan Consortium of organizations working to do good for our community. Eligible social purpose organizations are able to access up to $100,000 in non-repayable capital through the Investment Readiness Program. This is part of a national initiative led by Community Foundations of Canada and funded by the Government of Canada as a first stage towards its $800 million commitment to fund social innovation and social finance across Canada.

The first stage, called the Investment Readiness Program (IRP) is open to a diverse range of social purpose organizations and businesses including charities, non-profits,co-ops and for-profit social enterprises. The program provides opportunities to support more innovative, sustainable and inclusive approaches to pressing social challenges in communities across Saskatchewan. IRP provides a boost to new or established social enterprises, so they can scale up and get ready to accept investments. It invites community-led solutions to persistent social, cultural and environmental challenges. The program can provide $10,000 to $100,000 in non-repayable capital to design, plan, measure, and scale social enterprises in order to get ready to accept investment.

 “We are excited to be a part of this Consortium of organizations that includes 3 other Community Foundations: Saskatoon, Battlefords & District, and Prince Albert. The Consortium also has several other provincial and local based organizations who want to support social purpose organizations that have innovative ideas and want to make a difference right here in Saskatchewan,” says Donna Ziegler, Executive Director for the South Saskatchewan Community Foundation. “We are truly appreciative of the confidence the Government of Canada has provided to our national body, Community Foundations of Canada and the many Community Foundations across Canada, to deliver this program.”

The Investment Readiness Program will help social enterprises across Canada grow, and build their capacity to accept investment and participate in Canada’s growing social finance market.

 “This is an exciting opportunity to take our social enterprise to the next level of its development.  Through this type of innovation, we are able to better support those facing food insecurity and create pathways to independent sustainability,” says John Bailey, CEO Regina Foodbank.

“Business isn’t just about the bottom line. It can be a source for good and a catalyst for social and environmental change in communities across Canada. We are honoured to support social enterprises across Canada in building a better world,” says Andrew Chunilall, CEO of Community Foundations of Canada, a national partner in the Investment Readiness Program.

Applications for the IRP should be submitted by February 10, 2020 through the program’s website https://cfc-fcc.smapply.ca/prog/the_investment_readiness_program_/ . Additional application periods will open in 2020.

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Saskatchewan Advantage Innovation Fund

Source: https://innovationsask.ca/research/saskatchewan-advantage-innovation-fund

The Saskatchewan Advantage Innovation Fund (SAIF), is a research and development (R&D) funding program managed by Innovation Saskatchewan (IS). It is intended to support and accelerate commercialization of game-changing technological innovations in the province’s core economic sectors.

Through SAIF, IS provides non-repayable grants for approved projects proposed by a group of companies. To apply, please refer to the “Program Guidelines” downloadable below.

Target Sectors

Projects developing technologies relevant to the following sectors are eligible for funding:

  1. Mining
  2. Energy
  3. Agricultural Technologies
  4. Manufacturing
  5. Education
  6. Healthcare

Eligibility Criteria

All applications must meet the following criteria to be considered for funding:

  1. Proposed by a group of active private sector partners. Ideally, the group should be representative of the project’s full value chain, including researchers, those involved in the production/supply process, and customer/end users.
    • Active partner: participating in the project either through cash and/or in-kind contribution, equity investment, and/or letter of intent to purchase.
    • The lead proponent must be a private entity based in Saskatchewan.
    • Priority is given to proposals that also have an academic partner from a Saskatchewan post-secondary or research institute.
  2. Demonstrate how the technological innovation will solve a specific industry-wide challenge and benefit the sector as a whole, not just individual companies.
  3. Development of novel and innovative solutions.
  4. Demonstrate a feasible path to commercialization, benefits expected, and how those impacts will be sustained in the long-term.
  5. Industry partners providing half or more of the proposed project’s budget. The amount requested from IS is no more than 30% of the proposed budget.

Intake Periods

Intakes for SAIF are held twice per fiscal year. Prospective applicants are to submit an EOI and complete the “Eligibility Questionnaire” before the EOI deadline to be considered for funding. Only selected applicants will be invited to submit full proposals. Shortlist decisions made by IS’ internal selection committee are final.

In years where applicants exceed available funding, only proposals determined to be most strategically aligned with the province’s R&D priorities will be invited to submit full proposals. The number of grants approved per year will be based on budget availability.

Below are important dates for each intake periods:

Intake Period 1:

April 30 – Deadline for EOIs

May 31 – All invites for full proposals sent

July 31 – Deadline for full proposals

September 30 – Funding decisions made

Intake Period 2:

September 30 – Deadline for EOIs

October 31 – All invites for full proposals sent

December 31 – Deadline for full proposals

February 28 – Funding decisions made

 

For more information, visit https://innovationsask.ca/research/saskatchewan-advantage-innovation-fund or contact Kevin Chung at kevin.chung@innovationsask.ca.

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Canadian Business Women in International Trade (BWIT) Trade Mission to Baltimore, Maryland

The Business Women in International Trade (BWIT) program of the Trade Commissioner Service (TCS) is organizing a delegation to WBENC in partnership with the Women’s Enterprise Organizations of Canada (WEOC) and the Embassy of Canada in Washington, D.C.

Business delegates will deepen their understanding of supplier diversity opportunities open to them with Fortune 500 companies.  They will participate in business networking opportunities, a notable business fair, and be included in Canadian programming events, such as a networking reception, and a welcome activity with corporations.

BWIT trade mission feature:

  • High-calibre networking
  • Business-to-business matchmaking
  • Inspired programming
  • Government of Canada on-the-ground support

What is WBENC?

The Women’s Business Enterprise National Council (WBENC) is the largest certifier of women-owned businesses in the U.S. and a leading advocate for women business owners and entrepreneurs.

Event: BWIT Trade Mission to the Women’s Business Enterprise National Council (WBENC) National Conference and Business Fair
Focus Sectors:  Multi-sector
Dates: June 23-27, 2019
City: Baltimore, Maryland

Participate in WBENC 2019 –   the world’s largest gathering of corporate and government buyers and connect with businesswomen from around the world. This years’ theme is “Connect-Grow-Thrive”.  Attendees enjoy Canadian programming and three days of acclaimed speakers, executive workshops, matchmaking and networking opportunities, including the WBENC Business Fair – the largest of its kind with more than 350 exhibitors and procurement specialists looking to source from women-owned businesses.

What to expect on BWIT Trade Mission to WBENC?

Join the BWIT Trade Mission to the WBENC National Conference and Business Fair in Baltimore in partnership with the Women’s Enterprise Organizations of Canada (WEOC), Export Development Canada (EDC) and Business Development Bank of Canada (BDC).

BWIT offers Canadian delegates valuable support by helping you:

Make the most out of your stay: On top of the 1:1 MatchMaker Meetings offered by WBENC to certified enterprises, our service provider will arrange business matching meetings for qualified export-ready Canadian women entrepreneurs. BWIT will do our best to ensure you meet the right corporate/government buyers while in Baltimore!

Learn from seasoned businesswomen: Two preparatory webinars will give you the opportunity to learn from businesswomen who have already attended and prepared for such large events, and ask the questions you need, to decide whether this trade mission is a good fit for your business growth.

Get valuable tips:  From how to get the most out of networking opportunities, to guidance through the four-day program, to the how’s and where’s to do business in Baltimore, don’t forget that our team on the ground is there to assist you to navigate through the undertakings of doing business abroad.

A welcoming environment: Pre-departure webinars and on-the-ground assistance during the Conference and Business Fair; support from Canadian Government officers, including Export Development Canada (EDC); Business Development Bank of Canada (BDC); Canada booth on the premises, everything you need to get the right kick-start for the show.

Meet the right people: Attend a series of special activities including;

A “meet and mingle” to get to know your fellow delegates, the WEConnect International Day, WBE Canada’s Breakfast with Brands, a networking reception hosted by the Canadian Government, Canadian Programming. Build relationships, attend workshops and panels, take advantage of unassigned seating during the Conference luncheons, be strategic.

Program at a glance – Key events and dates

Registration to participate in the BWIT trade mission is now open!  Take advantage of the Canadian programming, including listing your company in the Canadian Directory of Participants.

  • June 23 (evening): Government of Canada “Meet-and-Mingle”
  • June 25-27: Women’s Business Enterprise National Council (WBENC) National Conference and Business Fair
  • June 24-25: pre-WBENC conference orientation sessions:
  • June 25: Government of Canada reception (by invitation only) – an opportunity for Canadian businesswomen delegates to network with invited corporations, trade commissioners, and others (group photo)
  • June 26:  Government of Canada Booth at the WBENC Business Fair
  • June 27:  WBENC Finale Luncheon, followed by a group photo of Canadian delegation on WBENC Stage

Register

To register for the trade mission:

  1. Complete a trade mission Registration form, online.
  2. Complete a Company objectives and profile form, online.
  3. Register for the WBENC National Conference and Business Fair

Please note: There is no fee for receiving services from BWIT and the Trade Commissioner Service. Delegates are responsible for covering the cost of their travel, accommodations and registration for events.  Eligible women-owned companies could qualify for CanExport financial assistance. More information.

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The Secret Life of Entrepreneurs with Prabha Mitchell

WESK’s CEO, Prabha Mitchell, was recently featured on the Secret Life of Entrepreneurs, a live radio show with Barb McGrath of Above the Fold Canada.

About the Secret Life of Entrepreneurs

We are live with a new guest each week including local business owners and entrepreneurs who are making a difference in YQR for the Secret Life of Entrepreneurs.’

Regina entrepreneurs are being audacious and we are excited to be a part of the movement!

Join us to meet a new local business owner and hear their story of what makes them tick, what drives them to succeed and their entrepreneurial secrets.

If you are a local business owner, or entrepreneur, and would like to be a guest, please Contact us.

Watch the video to learn what drives her to work with one of the craziest, self-employed groups. What keeps her going in spite of some challenging times financially? Learn about makes this lady tick!

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Women Entrepreneurship Fund

The Government of Canada is committed to advancing gender equality, women’s economic empowerment, and supporting women entrepreneurs through the new Women Entrepreneurship Strategy (the Strategy), announced in Budget 2018. As part of the Strategy, the Government has made funding available to women-owned and/or women-led businesses to support them in their growth and to pursue market opportunities abroad.

The full and equal participation of women in the economy is essential to Canada’s competitiveness. Current female entrepreneurs face unique barriers as they move along the business cycle. As a result, women own fewer than 16% of businesses and are underrepresented in the economy.

By addressing women’s economic empowerment through initiatives such as the Women Entrepreneurship Strategy, Canada will have the potential to add $150 billion in incremental GDP by 2026 and reach its goal of doubling the number of majority women-owned businesses by 2025.

Entrepreneurship Fund objectives

The Entrepreneurship Fund is a $20 million investment which aims to assist women entrepreneurs to grow their existing businesses and enable them to pursue opportunities in domestic and global markets. It will provide successful applicants up to $100,000 in non-repayable contribution funding for a 12 month project.

3. Application process details and deadline

A complete application package for the Women Entrepreneurship Fund must be submitted by November 15, 2018 23:59 PST and must include:

  1. The Women Entrepreneurship Strategy Application Form, and
  2. Required supporting documents (see Attachments section below)

Application intake:

Applications should be submitted through the Women Entrepreneurship Strategy portal by the November 15, 2018 at 23:59 PST deadline. Receipt of your application package will be acknowledged within two business days. All applications will be reviewed after the deadline. If your application package is incomplete, your application will be rejected.

It is highly recommended that your application be submitted before the deadline to ensure there are no unforeseen issues at the time of submission. Late submissions will not be considered for funding.

Applicants living in rural or remote areas with limited internet access may send their application package (postmarked no later than the deadline date) by registered mail to:

Women Entrepreneurship Strategy – Small Business Branch
Innovation, Science and Economic Development Canada
C.D. Howe Building
235 Queen Street, 5th Floor, West Tour, Mail Box 13
Ottawa, ON K1A 0H5
Canada

More information here: http://www.ic.gc.ca/eic/site/128.nsf/eng/00001.html

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Minister Ng announces funding for women’s entrepreneurship

The Women Entrepreneurship Strategy Ecosystem Fund will support women-owned and women-led businesses
TORONTO, Sept. 28, 2018 /CNW/ – The full and equal participation of women in the economy is essential to Canada’s competitiveness because when women succeed, everyone succeeds.

That’s why in Budget 2018, the federal government launched the first ever (WES), a $2-billion investment that seeks to double the number of women-owned and women-led businesses by 2025.

Today, the Honourable Mary Ng, Minister of Small Business and Export Promotion, and the Honourable Maryam Monsef, Minister of Status of Women, who were joined by women entrepreneurs and leaders, announced the and participated in a panel on women’s entrepreneurship.

The up to $85-million investment will help organizations address the barriers and challenges that women entrepreneurs face and deliver improved support and programs for women-owned and -led businesses.

The Women Entrepreneurship Strategy complements Government of Canada efforts to advance gender equality through addressing pay equity, introducing more affordable childcare and putting an end to gender-based violence.

Quotes

“Our government believes that women’s economic empowerment is not just the right thing to do; it’s good for the bottom line. That’s why we launched the Women Entrepreneurship Strategy, a strategy that seeks to double the number of women-owned and women-led businesses by increasing their access to financing, networks and advice. It’s a smart investment with an economic and social return. I’m thrilled that the WES Ecosystem Fund will help foster women entrepreneurship from coast to coast to coast.”
– The Honourable Mary Ng, Minister of Small Business and Export Promotion

“When we invest in women, we strengthen the economy for everyone. That is what our government is doing with the Women Entrepreneurship Strategy and the significant investment announced today during Gender Equality Week. By supporting women in business, we are growing our middle class and creating a thriving economy that benefits our sons and daughters. And we have a $150 billion reason to do this well because that’s what we’ll add to our GDP in less than a decade if we successfully take steps to advance equality, such as boosting women’s participation in the workforce.”
– The Honourable Maryam Monsef, Minister of Status of Women

Quick facts

Associated links

Follow Innovation, Science and Economic Development Canada on Twitter: .

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SOURCE Innovation, Science and Economic Development Canada

For further information: Mallory Clyne, Director of Communications, Office of the Minister of Small Business and Export Promotion, mallory.clyne@canada.ca; Media Relations, Innovation, Science and Economic Development Canada, , ic.mediarelations-mediasrelations.ic@canada.ca

 

Original Article can be found at: https://www.newswire.ca/news-releases/minister-ng-announces-funding-for-womens-entrepreneurship-694619111.html 

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