Saskatchewan Advantage Innovation Fund (SAIF)
The Saskatchewan Advantage Innovation Fund (SAIF) accelerates the commercialization of game-changing innovations in Saskatchewan’s core sectors.
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.
Offered by Innovation Saskatchewan
Amount
Up to $450,000
Non-repayable grants of up to $450,000 per project; the funding request is for no more than 30 per cent of the proposed budget
Quick eligibility check
Who can apply
- Saskatchewan-based companies advancing novel innovations for industry challenges
- Technological solutions benefits mining, energy, manufacturing & processing and health care
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 no more than 30 per cent of the proposed budget.
About the funding
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.
- Financing Type: Grants
- Eligible Funding: Up to $450,000 per project
Industry partners must provide 50+ per cent of the project’s budget and the funding request is for no more than 30 per cent of the proposed budget.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Agriculture Demonstration of Practices and Technologies (ADOPT) | Grant | Up to $13,000 per site, per project, for crop-related projects to a maximum of $80,000 per year | Open |
| Agtech Growth Fund (AGF) | Grant | Up to $450,000 | Open |
| Artists In Communities – Development | Grant | Up to $1,000 | Open |
