Saskatchewan Advantage Innovation Fund
The Saskatchewan Advantage Innovation Fund (SAIF) accelerates the commercialization of game-changing innovations in Saskatchewan’s core sectors.
SAIF: Research & Development Funding
Open Intakes
SAIF provides non-repayable grants of up to $450,000 to novel technological solutions that address specific industry challenges and benefit Saskatchewan’s core sectors.
International and out-of-province applicants aiming to drive innovation in Saskatchewan’s core sectors can review SAIF Out-of-Province Innovators for detailed information on eligibility and application processes.
Program Highlights
- Financing Type: Grants
- Eligible Funding: Up to $450,000 per project
- Goal: Advancing technological innovations in the province’s key sectors
Eligibility
- Saskatchewan-based companies advancing novel innovations for industry challenges
- Technological solutions benefits mining, energy, manufacturing & processing and health care
For funding focused on agricultural innovation, explore the Agtech Growth Fund (AGF).
Overview
In Saskatchewan, the mining, energy, manufacturing & processing and health care industries are essential to the province’s economic growth and play a pivotal role in both local and international markets. For tech startups, these sectors offer significant opportunities for innovation.
SAIF supports these critical industries by providing non-dilutive funding for research & development (R&D) projects that drive technological advancement. Startups can leverage this funding to accelerate the commercialization and adoption of their solutions that address industry-specific challenges, while increasing the competitiveness of the sector. Startups that participate in SAIF not only contribute to Saskatchewan’s economic resilience but also position themselves for growth in the global marketplace.
Since 2018
ROI Based On Leveraged Funds*
Jobs Created*
Federal Investment Attracted*
SAIF Investment Committed
* based on data provided by program recipients
Since 2018
ROI Based On Leveraged Funds*
Jobs Created*
Federal Investment Attracted*
SAIF Investment Committed
SAIF-Funded Projects
Meet the Saskatchewan innovators revolutionizing our core industries through SAIF.
EcoLoop Sustainable Technologies
- $450,000
Developing a process that eliminates chemicals found in firefighting foams from soil and water while producing a material that can be used as a fertilizer.
Greenwave Innovations
- $255,000
Developing a data-driven platform that automates industrial equipment monitoring, eliminating waste and unnecessary costs.
Archetype Global 3D
- $250,000
Developing an easy-to-assemble concrete 3D printer that produces building materials faster than current models on the market.
BrewNature Composting
- $95,000
Modular composting technology capable of reducing composting times from three months to five days.
Titan Clean Energy Projects
- $250,000
Funding Eligibility
Here’s what you need to apply.
The proposal is put forth by a group of active industry partners representing the project’s value chain (e.g., researchers, production & supply process, end users, etc.) and participating through cash/in-kind contribution, equity investment and/or letter of intent to purchase.
- Priority is given to proposals with an academic partner from a Saskatchewan post-secondary or research institute.
The project is led by a Saskatchewan-based organization. The project group can consist of non-Saskatchewan organizations, providing the majority have headquarter presence in the province.
- Projects led by non-Saskatchewan-based organizations will be assessed on a case-by-case basis.
The proposal demonstrates how the technological innovation solves a specific industry challenge and benefits the sector as a whole.
The proposed solution is novel and innovative.
The proposal demonstrates a feasible path to commercialization and how the benefits of the project will be sustained over the long term.
Industry partners must provide 50+ per cent of the project’s budget and the funding request is for more than 30 per cent of the proposed budget.
Intake Periods
Spring Intake
- April 30: Deadline for Expressions of Interest
- May 31: Invitations for full proposals sent
- July 31: Deadline for full proposals
- September 30: Funding decisions made
Fall Intake
- September 30: Deadline for Expressions of Interest
- October 31: Invitations for full proposals sent
- December 31: Deadline for full proposals
- February 28: Funding decisions made
How to Apply
Review the Program Guide and support resources to confirm eligibility
Create a user account on the Online Application Portal and complete the expression of interest form
After the initial evaluation process, Innovation Saskatchewan will invite successful applicants to complete full proposals*
After the final evaluation process, successful applicants will receive confirmation of SAIF funding*
* in accordance with the intake period schedule
Applicants are encouraged to work with Innovation Saskatchewan to refine their applications and full proposal in advance of final submissions.
Consult the Program Guide for full program structure and application process details.
Have questions?
Contact us today to learn how Innovation Saskatchewan and our partners can support you.