How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The program is accepting continuous intake

Who are the financial supporters of the Indigenous Business Development Services — Saskatchewan?

Indigenous Business Development Services — Saskatchewan is funded by Indigenous Business Development Services

What are Indigenous Business Development Services — Saskatchewan's eligibility criterias?

No specific eligibility criteria are provided in the given information.

Indigenous Business Development Services — Saskatchewan

Last Update: January 24, 2025

SK, Canada

Indigenous business help in Saskatchewan

Indigenous Business Development Services — Saskatchewan at a glance

Eligible Funding

No Condition

Timeline

Closing date : May 21, 2024

Financing Type

Expert Advice

Eligible Industries

All industries

Grant Providers

Indigenous Business Development Services

Status

Closed

Overview of the Indigenous Business Development Services — Saskatchewan program

Access support for Indigenous entrepreneurs from start-up to expansion.

Eligible projects & activities

The Indigenous Business Development Services in Saskatchewan offers a range of activities aimed at supporting Indigenous entrepreneurs in starting and growing their businesses. These activities focus on providing essential business knowledge, networking opportunities, and personalized support services.

Providing general business information for aspiring and existing entrepreneurs.
Offering start-up and growth strategies for Indigenous businesses.
Assisting in business planning and management techniques.
Facilitating networking opportunities with other entrepreneurs and business resources.
Conducting workshops on essential business skills such as entrepreneurship introduction, target market identification, marketing strategy development, and product pricing.
Helping with the development of cash flow statements and projected financial statements.
Providing personalized one-on-one services to connect businesses with financing, mentors, and other necessary resources.

Examples of admissible projects:

$ 15,000

Launching an online marketplace for Indigenous artisans

$ 18,000

Establishing a community-based arts center for Indigenous youth

$ 22,000

Developing a mobile app to promote Indigenous tourism

$ 16,000

Expand an Indigenous-owned organic vegetable farm

$ 20,000

Expanding a sustainable Indigenous farming cooperative near Vancouver

Eligibility criteria of the Indigenous Business Development Services — Saskatchewan program

Who is eligible?

This program is designed for Indigenous entrepreneurs and businesses seeking to develop or grow in Saskatchewan.

Indigenous entrepreneurs aiming to start a business.
Indigenous-owned businesses looking to expand or improve.
Businesses requiring assistance with business management and planning.
Companies seeking to enhance their financial understanding and cash flow management.
Entrepreneurs needing personalized one-on-one advisory services.

Eligible expenses

Eligible projects for this grant focus on empowering Indigenous businesses through key entrepreneurial skills and strategic business planning support. The activities promote growth and sustainability for Indigenous entrepreneurs by covering essential aspects of business management.

Introduction to Entrepreneurship workshops focusing on the journey and benefits of starting a business.
Target Market Identification sessions to understand and effectively reach potential customers.
Workshops on Developing a Marketing Strategy, including promotion methods, budget planning, and success metrics.
Pricing Your Product training to establish competitive pricing models considering fixed and variable costs.
Guidance on Developing Your Cashflow, crucial for business tracking and financial planning.
Assistance with Developing Projected Financial Statements for sustainable business operations.
Understanding Your Financial Statements to evaluate business performance and identify necessary adjustments.
Personalized One-on-One Service for making essential business connections and networking.

Eligible geographic areas

This grant specifically targets Indigenous entrepreneurs operating businesses within Saskatchewan. Its initiatives are designed to support regional economic development and provide crucial business services for these communities.

Indigenous businesses located in Saskatchewan, Canada.

How to apply to the Indigenous Business Development Services — Saskatchewan program

Initial Consultation

Contact Indigenous Business Development Services Saskatchewan to discuss your business idea and determine if you qualify for their services.
Engage in a personalized one-on-one service to assess your specific business needs and opportunities.

Develop Business Plan

Utilize the workshops and resources provided by IBDS to create a comprehensive business plan, covering areas such as marketing strategy, target market identification, and financial projections.
Ensure your business plan aligns with the guidelines and requirements outlined by IBDS for Indigenous entrepreneurs.

Application Preparation

Compile all necessary documents, including your completed business plan and any additional supporting information IBDS might require.
Ensure all documents adhere to format and content specifications provided by IBDS.

Formal Submission

Submit your completed application and all compiled documents to the IBDS contact point as advised during your consultation.
Verify submission with IBDS to confirm receipt of your application.

Follow-up and Networking

Engage with IBDS for any follow-up queries or additional information they may require post-submission.
Continue leveraging IBDS networking opportunities to connect with mentors and Indigenous business networks.

Apply to this program

Empowering Saskatchewan agriculture with value-added product funding