SK Startup Institute — Business Advising
SK, Canada
Advice and expertise for entrepreneurs in Saskatchewan
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grant_single|eligibleFinancing
- grant_single|noCondition
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- grant_single|timelineUnspecified
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Grant and Funding
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
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- Government of Saskatchewan
- SK Startup Institute
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grant_card_status|open
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Get one-on-one appointments for general business start-up assistance, market research, and business registration and access to public workstations and resources.
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The support and guidance offered appear specifically aimed towards businesses established or setting up in Saskatchewan. This geographical focus aligns with the service's commitments to aid regional economic development.
- Businesses operating within Saskatchewan.
- Companies planning to establish in urban centers like Saskatoon and Regina.
- Organizations in smaller communities such as Warman, Martensville, and Meadow Lake.
- Entities associated with First Nations reserves within Saskatchewan.
grant_single|admissibleProjectsExample
$1,900
Ottawa
Start a tech support cooperative including business registration and market research
$1,500
Calgary
Initiate a non-profit community kitchen including business registration and market research
$1,800
Edmonton
Launch a sole distributor of organic products including business registration and market research
$2,000
Toronto
Launch a financial coaching startup including business registration and marketing research
$2,200
Vancouver
Create a sustainable clothing line startup including business registration and market research
$1,800
Montreal
Establish a local art gallery cooperative including business registration and market research
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grant_eligibility_criteria|who_can_apply
This context refers to business advising services provided by expert advisors. The services are mostly aimed at individuals or businesses who are starting up or planning to expand their ventures. These individuals or businesses are seeking advice and mentorship in key areas such as business planning, setup assistance, and funding guidance. Therefore, the primary applicants or beneficiaries would be:- Entrepreneurs and business owners in the initial stages of setting up a business.- Businesses looking to expand their operations.- Individuals seeking expert mentorship and guidance on business planning and development.- Prospective entrepreneurs needing assistance with business registration and licensing.- Business owners needing advice on funding opportunities and financial guidance.
grant_eligibility_criteria|eligible_expenses
This grant supports business ventures at various stages, offering practical advice and mentorship in key areas essential for startup and expansion success. Eligible projects and activities focus on business planning, setup assistance, and funding guidance.
- Development and refinement of a comprehensive business plan, covering executive summary, market analysis, and financial projections.
- Guidance and assistance in business registration, licensing, and tax account setup in Saskatchewan.
- Support in navigating funding opportunities and financial planning to start or expand a business.
- Market research analysis to understand better and strategize for the target market.
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There are evaluation and selection criteria for this grant. Applicants will be evaluated based on the following criteria:
- Business viability and sustainability
- Alignment with grant objectives
- Demonstrated need for funding
- Clear and realistic action plan
- Potential for economic impact
grant_single_labels|register
Here are the steps to apply for the SK Startup Institute business advising:
- Step 1: Book an Appointment
- Visit the SK Startup Institute’s website to book an appointment with a business advisor.
- Choose the area of advising you need, such as business planning, setup, or funding guidance.
- Fill in your personal details and business information to secure an appointment.
- Step 2: Consultation Preparation
- Gather any preliminary business documents you have, such as drafts of business plans or market research data.
- Prepare questions or topics you need guidance on from the advisor.
- Step 3: Attend the Meeting
- Join the scheduled meeting with your chosen advisor.
- Discuss your business needs and receive personalized advice and mentorship.
- Make notes on actionable steps and resources suggested by the advisor.
- Step 4: Follow-up Actions
- Implement the advice and strategies discussed in the meeting.
- Reach out for further assistance or clarification if needed by booking follow-up meetings.
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Here are some additional details that may be relevant regarding the support offered:
- The SK Startup Institute offers a comprehensive guide section for additional self-help resources.
- Advisors are available for guidance in-person, over the phone, or by email for flexible support.
- Specific advisors are designated for different areas of expertise, such as business planning and market research.
- Assistance is offered for navigating provincial corporate registry processes in Saskatchewan.
- Support extends to understanding employer obligations along with business registration and licensing.
- Guidance for acquiring business licenses covers different municipalities, highlighting local processes and contacts.
Apply to this program
Enhance Your Business with Expert Guidance and Support
The comprehensive advising service offers practical support and mentorship to businesses at no charge, assisting them in planning, setup, and funding guidance. It's an indispensable resource for both new and expanding enterprises looking to succeed with tailored advice.
Detailed Insights on Business Advising Services Available
Our business advising services provide a vital springboard for entrepreneurs and established businesses alike. Whether you're laying the groundwork for a new venture or optimizing the trajectory of an existing enterprise, the expert advisors are here to guide you every step of the way—all at no financial cost. This free service ensures that businesses have access to crucial advice and mentorship across several key areas, including business planning, setup, and funding.
In the realm of business planning, the service ensures that your venture is underpinned by a robust and comprehensive business plan. This involves guidance on conducting in-depth market research, developing measurable long-term goals, and formulating effective strategies that are instrumental in steering the business in the right direction. Our advisors will help you craft a business plan that includes essential components such as an Executive Summary, Market Analysis, Financial Projections, and more, thereby ensuring that your business has a solid strategic foundation.
Setting up a business often involves navigating complex processes and requirements, particularly if one is venturing into entrepreneurship for the first time. Our advisors provide indispensable support in this domain, equipping you with the necessary steps to successfully establish your business in Saskatchewan. From deciding the business structure to registering and licensing the business, the advisors offer detailed, step-by-step assistance to ensure a smooth setup process. Moreover, they provide guidance on opening critical business administration accounts, dealing with taxes, and obtaining the appropriate insurance coverage, enabling you to operate legally and efficiently.
Funding guidance is another pivotal area where our advising services shine. Understanding the financial intricacies involved in launching or expanding a business can be daunting, but our expert advisors demystify the process. They offer tailored advice that aligns with your business financial needs, ensuring you are well-informed about potential funding sources and strategies that can support your business's financial health and long-term sustainability. This guidance can be pivotal in helping you secure the necessary capital and manage your resources effectively.
In addition to personalized advising, the service extends its value through a suite of information resources and tools that can further aid your business journey. Whether it’s detailed guides on critical business topics or access to insightful research data, businesses can rely on being well-equipped with the knowledge they need to make informed decisions.
Ultimately, this advising service is built on the premise of empowering entrepreneurs to achieve their business goals with confidence. By utilizing these resources, businesses not only gain operational insights and clarity but also enable themselves to anticipate and respond to market dynamics proactively. Our intent is to foster a business ecosystem where enterprises can thrive and contribute positively to the economic development of Saskatchewan.
Booking an appointment is a seamless process, and advisors are available to meet in person, via phone, or through email to fit your convenience. Whether you're starting from scratch or planning your next big move, the tailored advising services are designed to gear your business for success.