CompetitionSaskatoonExpand a Business

SOAR Program

The SOAR is a signature SREDA program offering eligible Indigenous entrepreneurs up to $30K to grow their business.

Offered by Saskatoon Regional Economic Development Authority (SREDA)

Amount

No fixed amount

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Saskatoon

Who can apply

Applicants must:

  1. be business located in the Saskatoon Region;
  2. be at least 51% Indigenous-owned;
  3. be independently owned, operated and created by the entrepreneur;
  4. be age 18+;
  5. have 1 – 10 employees;
  6. be businesses in operation for 2 years or more;
  7. meet or be in the process of meeting all regulatory requirements by law;
  8. provide roof of Ancestry.
  9. Businesses that have received cash prizes from the SOAR program in the past, are not eligible.

About the funding

The top five finalists will pitch their business to a panel of judges at the SOAR Pitch Finale.

The judges will then select the winner(s) of the cash prize totalling $30K.