Saskatchewan Technology Startup Incentive (STSI) 2026

About

A government program providing tax incentives to support life sciences startups in Saskatchewan, enabling them to attract investment through significant tax credits for investors. This initiative aims to foster growth in sectors such as agricultural biotechnology, therapeutics, and digital health, while ensuring that local employment and business registration criteria are met.

Benefits

• 💰Tax Credit
  Offers a non-refundable 45% tax credit to investors
• 💵Investment Limit
  Maximum investment an Eligible Startup Business (ESB) can raise is $2 million
• 🎉Tax Credit Potential
  Investors can earn up to $225,000 in tax credits per annual investment
• 📈Investment Success
  The program has helped raise over $122 million in private investment since 2018
• 🚀Increased Funding Cap
  The annual funding cap for the program was nearly doubled in 2025.

Eligibility Criteria

• Startups must have fewer than 50 employees
• At least 50% of employees must be based in Saskatchewan
• Must have its head office in Saskatchewan and be registered to carry on business in the province
• Must not have previously raised more than $5 million in equity capital
• Eligible sectors include agricultural biotechnology, therapeutics, medical devices, genomics, and digital health.

Participation Commitments

• ESBs must submit an Annual Return through the STSI Online Application Portal for four years following an investment
• Investors must create a user account through the Online Application Portal and submit the appropriate form
• The program operates on a first-come, first-served basis with up to $7 million in investment tax credits approved annually.

Target Sector

Life Sciences

Target Location

Canada