Enterprise Saskatchewan
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The purpose of the YOU program is to assist young adults between 18 and 34 years of age to consider opening a business in their community.
Financing
Through Enterprise Saskatchewan's Small Business Loans Association (SBLA) Program, a YOU entrepreneur can access up to $15,000 to assist in starting or expanding his/her business.
To qualify for these loans, the YOU entrepreneur must present a complete and feasible business plan including a three-year financial projection to their local SBLA. In addition, the loan applicant must complete a loan application that includes a demand promissory note, a general security agreement and an application fee. During the application process a YOU entrepreneur will be expected to provide information to the SBLA related to his/her intentions for training and arranging for a mentor.
YOU entrepreneurs can use SBLA loans to purchase assets, such as equipment. Monies cannot be used for operating expenses or for repayment of existing debt. Loans are granted at competitive interest rates, which vary with each association, up to a maximum of 10% per year. Businesses have up to five years to repay their loans.
The Board of Directors of the SBLA will assess all proposals on the feasibility of the business concept and approve or decline your loan. Applicants may be required to pledge additional security such as specific assets, provide a co-signor or a guarantor.
Business Planning
Entrepreneurship is a key to job creation in Saskatchewan. Entrepreneurs, working alone or in co-operatives, create the small businesses that provide most of the jobs in the province.
The Business Resources section of this website contains links to all of the information to guide you through the steps toward starting and operating your business.
200 - 3085 Albert Street
REGINA SK S4S 0B1
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Canada Revenue Agency - Events and Seminars
Canada Revenue Agency offers a variety of business wokshops; phone 306-780-7688 in Regina or 306-975-5945 in Saskatoon.
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Canada-Saskatchewan Business Service Centre (CSBSC)
The CSBSC offers a wealth of information and assistance to help you with your entrepreneurship or small business plans. CSBSC offers events and seminars throughout the province and online tools such as Business Toolbox (includes a Business Start-up Assistant, a step-by-step tool for creating a comprehensive business plan, a performance benchmarking tool). Visit the CSBSC website or phone 1-800-667-4374 for more information.
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Canada Youth Business Foundation (CYBF)
The CYBF is a national charity providing pre-launch coaching, business resources, start-up financing and mentoring to youth, ages 18-34, to launch and sustain a successful business. CYBF has a Memorandum of Understanding with Enterprise Saskatchewan and the Business Mentorship Institute to help increase available resources to young entrepreneurs. In addition to CYBF's $15,000 start-up loan, an entrepreneur can receive up to $15,000 from one of the 200 Small Business Loans Associations within Saskatchewan. For more information, visit the CYBF website or phone 1-800-464-2923.
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Community Futures Development Corporations (CFDCs)
CFDCs throughout the province offer programs that foster job creation through business creation and expansion. Each office offers unique training opportunities. Find the CFDC office closest to you.
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Equifax Canada - Consumer Information Centre
When applying for financing, your credit history is a major factor. Equifax Canada can help explain your credit file and how to access your credit history.
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Saskatchewan Finance
Saskatchewan Finance provides provincial sales tax training; phone 306-787-6633.
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Saskatchewan Institute of Applied Science and Technology (SIAST)
SIAST offers post-secondary education and training out of four main campuses across the province: Regina, Saskatoon, Moose Jaw and Prince Albert. Discover what each campus can offer you.
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Saskatchewan Regional Colleges
Saskatchewan Regional Colleges provide access post-secondary education and business training in a community near you. This website has information about and links to the colleges in the province.
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Western Economic Diversification Canada (WD)
A department of the Government of Canada, WD administers programs and services that advance innovation, entrepreneurship and sustainable communities through innovative partnerships with public and private sectors, other levels of government, academic and financial institutions, and research centres to make the most of its investment in Western Canada.
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Women Entrepreneurs of Saskatchewan Inc. (W.E.)
W.E. is a non-profit organization assisting women considering starting a business or operating an existing business. W.E. offers a wide range of programs and services including business advising and resources, business loans, publications, networking and mentoring opportunities, youth initiatives, as well as training workshops and seminars that focus on business skill development. This link will take you to a list of conferences and events offered by W.E.
Saskatchewan Economy Off to a Strong Start in 2012
January 30, 2012
As the first month of 2012 comes to an end, the positive economic news rolled in as job numbers and wholesale trade hit monthly records.
