Innovation Saskatchewan: Saskatchewan Technology Startup Incentive (STSI)

A 45% non-refundable tax credit to encourage investment in early-stage Saskatchewan technology startups. Startups eligible for investment have fewer than 50 employees (50% of employees based in Saskatchewan), have a permanent establishment in Saskatchewan, have not previously raised more than $5 million in equity capital, and must have a novel technology for sale or under development for sale as a new product or service. An investor can earn a maximum of a $225,00 tax credit per investment in a company and claim a maximum of $140,000 per tax year. The total amount an eligible startup business can raise under the program is $1 million.