Saskatoon, Saskatchewan - PrairiesCan
Small businesses are the backbone of the Prairie economy and starting a business from scratch can be challenging. New entrepreneurs often face hurdles like understanding their market, developing a solid business plan, securing financing, obtaining the right license, and risks that could stop their business before it even starts.
Today, the Honourable Buckley Belanger, Secretary of State for Rural Development, on behalf of the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan), announced funding of $910,000 through PrairiesCan for the Saskatoon Regional Economic Development Authority Inc. (SREDA) to support entrepreneurs and startups under SK Startup Institute.
SK Startup Institute has a strong track record of support for entrepreneurs. With personalized guidance from experienced advisors, and access to essential tools and information, the organization helps entrepreneurs turn their ideas into thriving businesses across Saskatchewan.
Today's investment will help them provide early-stage entrepreneurship assistance over the next two years in Regina, Saskatoon, and across the province. Services include one-on-one advising, workshops, training, and entrepreneurship-focused events. To accommodate as many entrepreneurs as possible in all communities and sectors, services are provided through multiple delivery channels including in-person, by phone and video conference, and online.
