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Saskatchewan Critical Minerals Innovation Incentive (SCMII)

Transferable credits for critical minerals innovation

Record updated

Funding available
$ 1,000,000 - $ 5,000,000
Up to 25% of project cost
Deadline
March 31, 2029
Location
Saskatchewan, Canada
Who can apply
Corporate entities
See full eligibility

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.

At a glance

Funding available

Maximum funding
$5,000,000
Minimum funding
$1,000,000
Maximum share of project costs
25%
Financing goals
  • Increase production or service capacity
  • Develop a new product or service
  • Increase operational productivity
  • Conduct research and development activities
  • Optimize production processes
  • Reduce environmental footprint

Eligible candidates

Location
  • Saskatchewan
Eligible Industries
All industries
Annual revenue
All revenue ranges
Organisation size
All organization sizes
Audience
  • Startups
Legal structures
For-profit business

Start applying for this program

Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.

Availability timeline

2026
Periods: 1

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

Activities funded

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

How to apply

  • Step 1: Download the application form
    • Review the program regulations and policy guidelines.
    • Complete the SCMII Application Form and attach required supporting documents.
  • Step 2: Submit the application
    • Email the completed form and supporting documents to scmii@gov.sk.ca.
    • Wait for confirmation of receipt or notice of incompleteness.
  • Step 3: Receive application decision
    • The Ministry reviews the application against eligibility requirements.
    • Successful applicants receive a Letter of Conditional Approval by email.
  • Step 4: Sign the agreement
    • Enter into a formal agreement with the Ministry of Energy and Resources.
    • Follow the project description, timelines, and eligible cost terms in the agreement.
  • Step 5: Claim credits through IRIS
    • After incurring eligible costs, submit the Royalty Credit Application and Eligible Cost Submission Form via IRIS.
    • Include required supporting documentation, then await the Certificate of Approval.

Documents Needed

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

Selection criteria

  • Innovation novelty or significant scale change
  • Technical readiness at Level 7 or higher
  • Strong link to an eligible project activity
  • Project feasibility and commercial operability

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

Official sources

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Frequently Asked Questions about the Saskatchewan Critical Minerals Innovation Incentive (SCMII) Program

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.

What is the deadline to apply?

The application deadline for this grant program is March 31, 2029. Applicants must submit their complete application before this date to be considered for funding.

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)?

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

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.

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

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