Saskatchewan Technology Startup Incentive (STSI)
“Saskatchewan. Innovation Saskatchewan”
$225,000.00
Maximum Eligible Amount
Tax Credit
Fund Type
The Saskatchewan Technology Startup Incentive (STSI) is a non-refundable 45 per cent tax credit for individual, corporate, or venture capital corporations investing in eligible startup businesses (ESBs) on a first-come-first-serve-basis.
- An investor can earn a maximum of $225,000 in tax credits per investment in an ESB and claim a maximum of $140,000 per tax year, and can carry forward the credit for four years. The STSI will be available for two-and-a-half years, with a total budget of $7 million.
- The STSI is a pilot program offered by Innovation Saskatchewan (IS), designed to encourage investment in early-stage technology startups. Technology startups within the program will not only bring new products and services to market, but they will also create jobs within Saskatchewan.