The Government of Canada has announced new funding to support people in Saskatchewan start and grow their own businesses. This funding will support a program that guides new entrepreneurs about the early steps of building a company. The goal is to make it easier for people with business ideas to turn those ideas into real companies that create jobs and support the local economy.
The funding will support the entrepreneurship program offered by the SK Startup Institute together with the Saskatoon Regional Economic Development Authority. The program helps people who want to start a business by offering advice, training, and meetings with business experts. These experts help new business owners turn their ideas into real businesses.
The program works with entrepreneurs at many stages. Some people join when they only have an idea and want help testing if it can become a real business. Others join when they are ready to start their company and begin selling products or services. The program also helps with marketing, sales, and planning so new business owners can grow their companies.
Even though the program is based in Saskatoon, it supports people across the whole Saskatchewan. Workshops, meetings, and expert advice are offered to entrepreneurs in many communities so they can learn how to build and manage a successful business. The major aim is to make the first steps of starting a company easier and less confusing for new business startups.
These types of programs support the growth of local economy. Small businesses often create jobs, bring new ideas to the market, and support communities. Government support can help remove some of the challenges that many new entrepreneurs face, such as limited experience, lack of connections, or difficulty building a strong business plan.
In 2025, the SK Startup Institute supported 1,373 entrepreneurs across Saskatchewan. Many of those participants successfully started businesses and contributed to the local economy. This shows how programs that provide guidance and support can help turn simple ideas into real companies that add value in local communities.
One example is a couple who moved from Mexico to Saskatoon and started a business with help from the program. They said starting a company in a new country felt very hard at first, but the support they received helped a lot. Advisors helped them build a business plan using real data and connected them with professionals such as accountants, lawyers, and marketing experts.
With this guidance, the couple started their business and later expanded it to two locations.. Their story highlights how mentorship and support programs can help entrepreneurs deal with early challenges and build successful companies.
Canada offers different funding and support programs to encourage entrepreneurship and economic growth. These programs help small businesses cover startup costs, grow their business, and invest in new ideas that improve local economy.
The new federal funding aims to increase opportunities for people in Saskatchewan who want to start their own businesses. By offering guidance, training, and practical guidance, the program hopes to help more people to launch companies that create jobs and contribute in economic growth of the country.
