Please note: In accordance with Government of Saskatchewan election restrictions, all Innovation Saskatchewan social media accounts, including the website, will be limited except for public safety/emergency situations from September 29 to October 26, 2020. Thank you for your understanding.

 

Click here for resources and supports available during COVID-19.

Resources and supports available during COVID-19

 

Stay Connected

The Government of Saskatchewan has launched a Business Response Team to support businesses in the province dealing with the economic challenges resulting from COVID-19.

Business Response Team

 

Innovation Saskatchewan recognizes that the COVID-19 outbreak has disrupted activities in Saskatchewan's tech sector including supply chains, business development and investor participation. Please share with us your current challenges and needs by completing the form below. Your input helps us to better understand and respond to our innovation ecosystem during this time. 

Tech Sector Communication Form 

 

Current Opportunities

 

Blog

 

Information Webinars

Tech Startup Opportunities from and Inverstor's Perspective (May 6, 2020)

WatchSummary

Exploring Newly Announced Government Programs to Support Tech (April 24, 2020)

-Summary

Resources and Supports for Tech Companies During COVID-19 (March 30, 2020)

 Watch Summary

Business Support

Innovation Saskatchewan has curated a list of support for tech founders and employees available now or in the near future from municipal, provincial, and federal governments. This list will be continuously updated as new supports and programs are announced. 

 

Up to date as of May 28, 2020, 8:30am

 

Near-term Assistance

  
Saskatchewan Small Business Emergency Payment

Government of Saskatchewan

A one-time grant to small and medium-sized businesses that have had to temporarily close or significantly curtail operations as a result of COVID-19.

PST Remittance deferral

Government of Saskatchewan

Saskatchewan businesses unable to remit their PST due to cashflow concerns will have relief from penalty and interest charges for the next three months. 

Provincial utilities

Government of Saskatchewan

Crown utility (ie. SaskTel) will implement bill-deferral programs allowing a zero-interest bill deferral for up to six months.

Changes to employment standard regulations

Government of Saskatchewan

Businesses will not have to provide notice or pay in lieu of notice when they lay off staff for a period of 12 weeks or less in a 16-week period.

Employer Relief Measures

Saskatchewan WCB

WCB is waiving premium penalties for employers effective April 1 until June 30.

GST/HST remittance deferral and customs

Government of Canada

Allows businesses to defer GST/HST payments, as well as duties and taxes owed on imports, until June.

Income tax deferral

Canada Revenue Agency

CRA is allowing all businesses to defer payment of any income tax amounts that become owing until after August 31, 2020.

 

Mid- to Long-term Assistance

Canada Emergency Wage Subsidy

Government of Canada

Covers 75% of employee’s wages for businesses who have suffered a drop in gross revenues.

Regional Relief and Recovery Fund

Western Economic Diversification Canada

Targeted to those that ay require additional help to recover from the COVID-19 pandemic but have been unable to access existing support measures.

Canada Emergency Commercial Rent Assistance

Government of Canada and Saskatchewan

Loans to commercial property owners who in turn will lower or forgo the rent of small businesses for the months of April (retroactive), May, and June.

Changes to Canada Summer Jobs program

Government of Saskatchewan

Increasing the wage subsidy so that private and public employers can also receive up to 100 percent of the provincial or territorial minimum hourly wage for each employee.

Extended Work-Sharing Program

Government of Saskatchewan

Provide EI benefits to workers who agree to reduce their normal working hours.

Business Credit Availability Program

EDC and BDC

Provides access to eligible businesses to obtain incremental credit amounts of up to $6.25 million from the loan guarantee or co-lending stream.

Canada Emergency Business Account

EDC and BDC

Provide interest-free loans of up to $40,000 to small businesses and not-for-profits whose revenues have been temporarily reduced.

COVID-19 Working Capital Loans

BDC

Provide up to $2M with flexible repayment terms (ie. Principal postponement).

Innovation Assistance Program

NRC-IRAP

Assistance provided through IRAP to innovative, early-stage companies that are unable to access other COVID-19 business supports.

 

We welcome any feedback on any resources or measures we may have missed. We also welcome any suggestions or ideas on programs that the provincial government could offer to support the tech sector during this difficult time. Please contact Kevin Chung (kevin.chung@innovationsask.ca) if you have any questions or suggestions.