Saskatoon’s tech industry shines bright! The sector is rapidly growing with many successful start-ups adding to this thriving industry. It is estimated the tech sector has added approximately $2 billion in GDP to the provincial economy, making up 2.4% of total provincial Real GDP.
Tech start-ups can find a home at Co.Labs, Saskatchewan’s first technology accelerator. Co.Labs is a tech incubator that provides all the tools necessary for early stage technology start-ups to grow and scale in Saskatchewan.
Saskatoon is also home to many home-grown tech companies rounding out Saskatoon’s tech ecosystem:
- Vendasta, a software company that builds and curates digital business solutions
- 7Shifts Restaurant Scheduling Inc, a workforce management software the helps managers schedule, evaluate, and communicate with their workforce
- Mentor, a leading provider of variation-aware design and characterization software.
SUPPORT
BUSINESS INCENTIVES
The Government of Saskatchewan has two incentives available to tech companies to support the growth and success of tech in Saskatchewan:
- The Saskatchewan R&D Tax Credit, which provides a 10% refundable tax credit to qualifying companies
- The Saskatchewan Technology Startup Incentive, which provides a non-refundable 45% tax credit for individuals, corporations and venture capital corporations investing in eligible startup businesses
THE TECH TRIP
SREDA is pleased to offer The Tech Trip, an entrepreneurship and business expansion program for local tech companies. Through this program SREDA provides financial support to local tech companies to join representatives from SREDA and Co.Labs in San Francisco.
SCIENCE, TECHNOLOGY, INNOVATION AND COLLABORATION AWARDS
SREDA is pleased to offer the Science, Technology, Innovation and Collaboration Awards (STIC Awards). These awards showcase the people, projects and products in the Saskatoon Region’s growing science and technology cluster and their impact on the local economy.
Key Industries
Saskatoon is home to the natural resources that feed, fuel and fertilize the world, as well as the innovations that surround these industries.
Business in Saskatoon
Saskatoon’s mix of economic diversity, low business costs and high quality of life make it the perfect place for businesses and people to thrive.