2022 Applications are now closed.
Local municipalities and First Nation governments in the Saskatoon Region embarking on economic development initiatives can access up to $10,000 for their projects through the SREDA Regional Economic Development Revitalization Grant.
Designed to support the local economy, the grant will invest a total of $15,000 back into the Saskatoon Region to help communities with economic development related projects.
Successful projects will fit into one of SREDA’s six focus areas:
- Regional Collaboration – working collaboratively with neighbouring municipalities and Indigenous communities to encourage growth and cooperation.
- Indigenous Economic Development – developing Indigenous economic reconciliation strategies to foster economic inclusion.
- Economic Intelligence – providing insights and analysis on the local economy to help find market gaps and determine areas for growth.
- Business Attraction – attracting new businesses by means of marketing and providing support resources.
- Business Expansion – helping existing businesses to grow and thrive via incentives, research and support.
- Entrepreneurship – assisting residents with starting their own business by providing small business services, research and expertise.
To be eligible for the Revitalization Grant, applicants must:
- Be a Municipality or First Nation government located within the Saskatoon Region
- Be a SREDA Regional Member at the time funds are dispersed (March 2022)
Preference may be given to:
- Projects that have yet to commence
- Projects with total estimated costs under $100,000
- Projects that include Indigenous partnership, engagement or other actions taken towards the TRC Calls to Action
Ineligible projects include:
- Ongoing operational costs (salary, food & beverage, utilities, rent, etc.)
- Municipal equipment (grader, mower, computer, etc.)
- Road repairs
If you are unsure whether your project qualifies for the grant, please contact Kristen Johannesson.
Successful Applicant Requirements
The successful grant winners must submit a project report or presentation to SREDA upon the project’s completion. The project report or presentation shall include:
- Brief description of the project
- How the grant money was used
- Project outcome (expected and achieved)
- How the project benefitted the wider Saskatoon Region
- Next steps
Grant winners must also recognize SREDA’s contribution on their website, social media and/or at their council meetings.
- January 19, 2022 – Applications open
- February 8, 2022 (11:59 PM) – Applications close
- March 22, 2022 – Recipients announced (at SREDA Regional Committee Meeting)
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.
Saskatoon is home to the natural resources that feed, fuel and fertilize the world, as well as the innovations that surround these industries.