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SK Startup Institute — Business Advising - SK - Canada

SK Startup Institute — Business Advising

Last Update: January 24, 2025
SK, Canada
Advice and expertise for entrepreneurs in Saskatchewan

SK Startup Institute — Business Advising at a glance

Eligible Funding
  • No Condition
Timeline
  • Continuous Intakes
Financing Type
Grant and Funding
Expert Advice
Eligible Industries
  • All industries
Grant Providers
  • Government of Saskatchewan
  • SK Startup Institute
Status
Open

Overview of the SK Startup Institute — Business Advising program

Get one-on-one appointments for general business start-up assistance, market research, and business registration and access to public workstations and resources.

Eligible projects & activities

This grant offers support through business advising to help entrepreneurs start and expand their businesses. The activities focus on various aspects of business setup, planning, and strategic growth consultations.
  • Business planning and strategic direction guidance.
  • One-on-one support for business registration and obtaining necessary licenses.
  • Assistance in tax account registration and employer obligation consultations.
  • Funding guidance to help identify and access potential financial resources.
  • General startup advice, including answering business queries and clarifying startup processes.
  • Market research mentorship to support businesses in understanding and navigating market conditions.
Examples of admissible projects:

$ 1,900

Start a tech support cooperative including business registration and market research

$ 1,500

Initiate a non-profit community kitchen including business registration and market research

$ 1,800

Launch a sole distributor of organic products including business registration and market research

$ 2,000

Launch a financial coaching startup including business registration and marketing research

$ 2,200

Create a sustainable clothing line startup including business registration and market research

$ 1,800

Establish a local art gallery cooperative including business registration and market research

Eligibility criteria of the SK Startup Institute — Business Advising program

Who is eligible?

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.

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.

Eligible geographic areas

This grant is offered by the SK Startup Institute and is likely targeted towards businesses operating within Saskatchewan, Canada, as inferred from the context provided. However, specific eligible locations are not detailed in the provided information.

Eligibility criteria of the SK Startup Institute — Business Advising program

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

How to apply to the SK Startup Institute — Business Advising program

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.
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.
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.
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.

Additional information

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

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