SMEDCO Loan Programs
SK, Canada
Loans for Métis-led companies in Saskatchewan
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Government of Saskatchewan
- SaskMétis Economic Development Corporation (SMEDCO)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get a variety of refundable and non-refundable loans for your business startup, acquisition and or expansion project.
grant_single_labels|projects
- Business start-ups
- Acquisitions
- Expansions
grant_single|admissibleProjectsExample
$80,000
Regina
Opening a new eco-friendly grocery store focused on local products in Regina.
$250,000
Saskatoon
Acquisition of a small biotechnology firm in Saskatoon for research on sustainable agriculture.
$100,000
Saskatoon
Expansion of a current artisanal bakery in Saskatoon to include a café.
$220,000
Moose Jaw
Launching a new wellness center focused on mental health services in Moose Jaw.
$150,000
Prince Albert
Startup of a mobile app development company focusing on e-commerce solutions in Prince Albert.
$250,000
Saskatoon
Expanding a local craft brewery in Saskatoon to increase production capacity.
grant_single_labels|admissibility
This grant is designed for Métis entrepreneurs in Saskatchewan and requires projects to be sound and viable with 10% cash equity from the applicant to qualify.
- Métis owned and controlled business
- Viable project providing reasonable income
- Applicants must reside in Saskatchewan with the business headquartered in the same province
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for this grant:
- Métis-owned businesses in Saskatchewan
- Sound, viable business start-ups, acquisitions, and/or expansions
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include:
- Sound, viable Business start-ups, acquisitions, and/or expansions
grant_single_labels|criteria
There are evaluation and selection criteria for this grant.
- Métis owned and controlled.
- The project is viable and provides a reasonable income to the owners.
- Applicants must reside within Saskatchewan and the business is headquartered in Saskatchewan.
grant_single_labels|register
- Step 1: Determine Eligibility
- Ensure the project is a sound, viable business start-up, acquisition, or expansion
- Verify that the business is Métis owned and controlled
- Confirm that the applicant resides within Saskatchewan and the business is headquartered in Saskatchewan
- Step 2: Prepare Required Equity
- Ensure you have 10% cash equity for the project
- Consider contributed equity on a case-by-case basis with a third-party appraisal required for assets
- Step 3: Submit Application
- Download the application form
- Fill out the form with accurate information
- Ensure all necessary documents are included
Apply to this program
