Open
SMEDCO Loan Programs
Loans for Métis-led companies in Saskatchewan
Last Update: March 4, 2026
Funding available
Varies by project
Timeline
- Open continuously
Location
Saskatchewan, Canada
Overview
Get a variety of refundable and non-refundable loans for your business startup, acquisition and or expansion project.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop an online presence
- Complete an acquisition or business transfer
- Launch or market a product/service
Eligible Funding
- Varies by project
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Saskatchewan
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
This financing package is tailored specifically for Métis Entrepreneurs in Saskatchewan, supporting a range of business initiatives that contribute to economic development and sustainability. Eligible projects include new business creations, business acquisitions, and the expansion of existing operations.
- Establishment of new business start-ups.
- Acquisition of existing businesses.
- Expansion of current business operations.
Eligibility
Who is eligible?
The SMEDCO Blended Financing (SBF) is designed specifically for Métis entrepreneurs residing in Saskatchewan, focused on business start-ups, acquisitions, and expansions of Métis owned and controlled businesses. The applicants must provide a minimum of 10% cash equity, with the possibility of additional contributed equity being considered on a case-by-case basis. Additionally, both the applicant and the business must be located within the province of Saskatchewan. The primary objective is to offer affordable primary term debt through a mix of traditional financing and non-repayable contributions.Eligible expenses
The SMEDCO Blended Financing package focuses on supporting Métis Entrepreneurs in Saskatchewan by offering financial support for business-related projects. The eligible activities aim at establishing new ventures and enhancing existing businesses to ensure growth and sustainability.
- Sound and viable business start-ups.
- Acquisition of existing businesses.
- Expansion of current business operations.
Eligible geographic areas
This grant supports Métis entrepreneurs within targeted regions in Saskatchewan to foster local business development. Eligible businesses must be operating and registered within the specified provincial boundaries.
- Métis-owned businesses headquartered in Saskatchewan.
- Applicants must reside within Saskatchewan.
Additional information
Here are additional relevant details for this financing package:
- The financing package combines traditional financing with non-repayable contributions to lower borrowing costs.
- The level of non-repayable contribution is dependent on the cash equity provided by the applicant.
- A third-party appraisal is required for any assets contributed to the project as equity.
- SMEDCO offers tailored financing solutions based on its 36 years of experience with Métis business owners.
Frequently Asked Questions about the SMEDCO Loan Programs Program
Here are answers to the most common questions about the SMEDCO Loan Programs. 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 SMEDCO Loan Programs?
Get a variety of refundable and non-refundable loans for your business startup, acquisition and or expansion project.
Who is eligible for the SMEDCO Loan Programs program?
To be eligible for the SMEDCO Loan Programs program, you must:
The business must be owned and controlled by Métis individuals.
The business and applicants must be headquartered and reside in Saskatchewan.
The project must be viable, providing reasonable income to the owners.
What expenses are eligible under SMEDCO Loan Programs?
This financing package is tailored specifically for Métis Entrepreneurs in Saskatchewan, supporting a range of business initiatives that contribute to economic development and sustainability. Eligible projects include new business creations, business acquisitions, and the expansion of existing operations. Establishment of new business start-ups.
Acquisition of existing businesses.
Expansion of current business operations.
Who can I contact for more information about the SMEDCO Loan Programs?
You can contact Government of Saskatchewan.
Where is the SMEDCO Loan Programs available?
The SMEDCO Loan Programs program is available the province of Saskatchewan.
Is the SMEDCO Loan Programs a grant, loan, or tax credit?
SMEDCO Loan Programs is a Loans and Capital investments
Who are the financial supporters of the SMEDCO Loan Programs?
SMEDCO Loan Programs is funded by Government of Saskatchewan, SaskMétis Economic Development Corporation (SMEDCO)