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Saskatchewan Critical Minerals Innovation Incentive (SCMII) - Saskatchewan - Canada
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Saskatchewan Critical Minerals Innovation Incentive (SCMII)

Transferable credits for critical minerals innovation
Government of Saskatchewan
Last Update: April 9, 2026
Funding available
$ 1,000,000 - $ 5,000,000
Timeline
  • Closing date : March 31, 2029
Location
Saskatchewan, Canada

Overview

This program provides transferable royalty credits worth 25% of approved eligible costs. It supports innovative critical minerals projects in Saskatchewan, including pilot, demonstration, commercial scaling, and commercialization activities.
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Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase production or service capacity
  • Develop a new product or service
  • Increase operational productivity
Eligible Funding
  • Maximum amount : 5,000,000 $
  • Minimum amount : 1,000,000 $
  • Up to 25% of project cost
Timeline
  • Closing date : March 31, 2029

Eligible candidates

Eligible Industries
  • Mining, quarrying, and oil and gas extraction
Location
  • Saskatchewan
Legal structures
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Startups

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Improving recovery of a qualifying material
  • Managing adverse environmental impacts
  • Increasing value-added processing capacity
  • Commercializing production byproducts or waste

Documents Needed

  • Completed SCMII Application Form
  • Certificate of Incorporation
  • Technology Supplier Letter
  • Eligible Cost Submission Form
  • Assurance Report from a licensed CPA

Eligibility

Who is eligible?

  • Corporate entities
  • Companies in critical minerals innovation
  • Pilot and commercial scaling project proponents

Who is not eligible

  • Government bodies and Crown agencies
  • Not-for-profit corporations

Eligible expenses

  • Land and real property
  • Depreciable assets and equipment
  • Professional services, installation, transport, and construction costs
  • Specialized software, intellectual property licensing, and engineering/design labour
  • Selected operating costs for up to 24 months, if agreed

Ineligible Costs and Activities

  • Administration and overhead
  • Travel, subsistence, promotion, and marketing
  • GST, PST, and HST
  • Feasibility studies and generic software costs
  • Non-arm’s-length transactions and duplicate costs

Eligible geographic areas

  • Saskatchewan

Processing and Agreement

  • Application is reviewed against program requirements
  • Successful applicants receive a Letter of Conditional Approval
  • A formal agreement is signed before credits can be earned
  • Eligible costs are reviewed before a Certificate of Approval is issued
  • Approved credits are then applied or transferred through IRIS

Additional information

  • Other provincial incentives do not affect eligibility.
  • Projects may involve multiple sites or phases under one application.
  • Royalties credits are transferable through IRIS.
  • Unused credits expire on March 31, 2040.

Contacts

scmii@gov.sk.ca
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Frequently Asked Questions about the Saskatchewan Critical Minerals Innovation Incentive (SCMII) Program

Here are answers to the most common questions about the Saskatchewan Critical Minerals Innovation Incentive (SCMII). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the Saskatchewan Critical Minerals Innovation Incentive (SCMII)?

This program provides transferable royalty credits worth 25% of approved eligible costs. It supports innovative critical minerals projects in Saskatchewan, including pilot, demonstration, commercial scaling, and commercialization activities.

How much funding can be received?

Saskatchewan Critical Minerals Innovation Incentive (SCMII) Funds up to 25% of admissible expenses, capped at $5,000,000 per project.

Who is eligible for the Saskatchewan Critical Minerals Innovation Incentive (SCMII) program?

To be eligible for the Saskatchewan Critical Minerals Innovation Incentive (SCMII) program, you must: Eligible innovation at TRL 7+ Minimum CAD$1 million in eligible costs Project not operational before application

What expenses are eligible under Saskatchewan Critical Minerals Innovation Incentive (SCMII)?

Improving recovery of a qualifying material Managing adverse environmental impacts Increasing value-added processing capacity Commercializing production byproducts or waste

Who can I contact for more information about the Saskatchewan Critical Minerals Innovation Incentive (SCMII)?

You can contact Government of Saskatchewan by email at scmii@gov.sk.ca or by phone at none.

Where is the Saskatchewan Critical Minerals Innovation Incentive (SCMII) available?

The Saskatchewan Critical Minerals Innovation Incentive (SCMII) program is available the province of Saskatchewan.

Is the Saskatchewan Critical Minerals Innovation Incentive (SCMII) a grant, loan, or tax credit?

Saskatchewan Critical Minerals Innovation Incentive (SCMII) is a Tax Credits

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