SREDA AND EDR LAUNCH UPSCALE: A NEW GROWTH PROGRAM FOR SASKATOON AND REGINA’S ESTABLISHED BUSINESSES

Saskatoon, SK – May 14, 2025 – Today, the Saskatoon Regional Economic Development Authority (SREDA) and Economic Development Regina (EDR) are proud to announce the launch of Upscale, a new growth program designed specifically for established businesses in the Saskatoon and Regina regions. Supported by Prairies Economic Development Canada, this initiative aims to provide the support, expertise, and resources that local companies need to scale their operations, drive growth, and expand into new markets.

Applications are now open for the joint initiative between SREDA and EDR. Designed for companies ready to scale, the program will deliver tailored growth plans, expert advice, and resources to help Saskatoon and Regina businesses grow with confidence.

“Upscale is an incredible opportunity for Saskatoon Region businesses to receive support that’s aligned with their growth journey,” said Erin Lawson, CEO of SREDA. “By equipping local companies with the right tools and expertise, we’re helping them scale with confidence and contribute to a stronger, more resilient economy.”

“Regina has a long history of entrepreneurs and game changers whose impact can be felt here at home and beyond,” said Chris Lane, CEO of EDR. “Upscale is designed to give a new generation of entrepreneurs the tools, insights, and support they need not only to scale their businesses, but to strengthen our economy.”

Program Details:

• The Upscale program is open to established businesses located in the Saskatoon and Regina regions that are past the startup stage and ready to scale.
• Applications will be accepted starting May 14, 2025, and will remain open until June 6 at
  4:00 p.m.
• A virtual information session will be held on May 20, 2025, at 10:00 a.m. to provide more details about the Saskatoon-based program and answer any questions from prospective applicants.
• Interested businesses can apply by visiting www.upscalesk.ca and completing the application form.

SREDA and EDR are excited to offer this opportunity to local businesses to ensure that Saskatoon and Regina continue to be vibrant, thriving hubs for innovation and entrepreneurship.

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FOR MEDIA INQUIRIES, PLEASE CONTACT:

Sarah Wolensky
Director, Marketing and Communications, SREDA
swolensky@sreda.com
306-664-0723

Chris Bonk

Director, Brand and Communications, EDR

cbonk@economicdevelopmentregina.com

306-565-6388

ABOUT SREDA
The Saskatoon Regional Economic Development Authority (SREDA) is dedicated to driving economic growth and prosperity in the Saskatoon Region by advancing entrepreneurship, supporting local economic growth and attracting investment.

ABOUT EDR
Economic Development Regina (EDR) is the lead agency for economic development for the Greater Regina Area (GRA). EDR provides leadership to the community with specific accountability for the following core functions:

• Support industry growth and diversification through retention, development, and attraction of industry.
• Find innovative ways to promote sustainable growth while effectively addressing the challenges associated with it.
• Market and promote the Greater Regina Area for business and investment.
• Ensure the Greater Regina Area offers a vibrant and diversified economy for investors, a climate of growth for business and works toward a high quality of life for residents.