Saskatchewan Technology Startup Incentive (STSI)45% non-refundable tax credit to investors; up to $225,000 in credits per investor per year, claimable to a maximum of $140,000 per tax year
The STSI is an investor-side incentive: it pays a 45% non-refundable tax credit to people who invest in eligible early-stage Saskatchewan technology companies, rather than paying the company directly.
Written and reviewed by
Chase Miller, Chief Business Development Officer and Co-Founder
Chase Miller is Chief Business Development Officer and Co-Founder of Impact Applications, a Calgary grant consultancy that works with businesses across Canada on federal and provincial grants, tax credits and interest-free loans, and manages the whole process from first assessment through claims and reporting. He runs the first assessment on client engagements, deciding which programs a business should pursue and in what order, and has worked on Canadian government funding since co-founding the firm in 2023. LinkedIn
Program facts checked against the official source:
- average funding secured per client
- $334,132 average funding secured per client
- approval rate
- 94% approval rate
About this program
The STSI is an investor-side incentive: it pays a 45% non-refundable tax credit to people who invest in eligible early-stage Saskatchewan technology companies, rather than paying the company directly. On April 21, 2026 Innovation Saskatchewan expanded eligibility to life sciences and extended the program to 2029. The annual program cap is $7 million and credits are awarded first come, first served, so timing matters more than in a scored program.
Who is eligible
Eligible Saskatchewan startups in digital technology, clean technology and, since April 2026, life sciences including agricultural biotechnology, therapeutics, medical devices, genomics and digital health. A startup must have fewer than 50 employees with at least 50% based in Saskatchewan, a head office in Saskatchewan, and must not have previously raised more than $5 million in equity capital. A startup can raise a maximum of $2 million under the program.
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