SK Startup Institute — Business Advising
Highlights
Hello,
If you're looking to start or grow your business in Saskatchewan, this program is a fantastic opportunity for you. The SK Startup Institute offers free, one-on-one advice from expert advisors. They provide guidance in crucial areas like business planning, market research, and business registration. This means you can focus on running your business while they help you navigate the complexities.
Here's what's in it for you:
- Expert Guidance: Get personalized advice on creating a solid business plan, conducting market analysis, and setting long-term goals.
- Business Setup Assistance: Receive support for business registration, licensing, and tax account setup, tailored to your needs.
- Funding Direction: Advisors can help you find the right funding opportunities, ensuring you're on the right path.
The best part? It's easy to qualify, and the support is designed to make your business journey smoother. This program is all about setting you up for success, so you can focus on what you do best.
Financing Details
Grant: The program offers a non-repayable grant to help cover various business-related expenses. This means you do not need to repay the funds provided, giving you financial relief without the burden of debt.
Eligible Expenses: The grant can be used for a variety of expenses critical to your business development. These include costs associated with business planning, market research, and the business registration process. It's designed to support your business in its initial or expansion phases by covering essential operational costs.
Restrictions on Use of Funds: The funds must not be used for personal expenses or non-business related activities. The focus should remain strictly on business development and related overhead costs.
Fees: There are no application or processing fees associated with this grant. This makes it an even more valuable opportunity as you can allocate more resources directly towards growing your business without worrying about additional costs.
Qualifications
- Business must be located in Saskatchewan.
- Business should be in the start-up phase or considering expansion.
- Business must be willing to engage in one-on-one advising sessions.
- Business should be open to receiving guidance on business registration, licensing, and tax account registration.
- Business must be interested in developing or refining a business plan.
- Business should be seeking funding guidance and willing to explore available resources.
- Business must be prepared to comply with industry laws, standards, and expectations.
Description
Starting or expanding your business in Saskatchewan? The SK Startup Institute is here to help. You can get free, one-on-one advice from expert advisors. They offer guidance in areas like business planning, market research, and business registration. This means you can focus on what you do best—running your business—while they help you navigate the rest.
Creating a solid business plan is crucial for success. Our advisors can guide you through the process, from conducting research to setting long-term goals. They help with everything from market analysis to financial projections. This support is designed to set you up for success.
Setting up a business can be daunting, especially if it's your first time. The SK Startup Institute offers personalized support for business registration, licensing, and tax account setup. Whether you prefer in-person meetings, phone calls, or emails, they are ready to assist. Plus, if you're looking for funding, their advisors can point you in the right direction. This program is all about making your business journey smoother.
Program Steps
Book an Appointment
Schedule a meeting with one of the expert advisors at the SK Startup Institute. You can choose to meet in person, over the phone, or via email.Prepare Your Business Plan
Develop a solid business plan that includes the following sections:- Executive Summary
- Business Introduction & Description
- Market Analysis
- Marketing Strategy
- Human Resources Strategy
- Operations Strategy
- Financial Projections
- Exit or Succession Plan
Gather Required Documentation
Collect the necessary documents to support your application. This may include:- Cover page reflecting your company’s brand
- Table of contents
- Page numbers
- Appendix for images or diagrams
- Statement of confidentiality or non-disclosure agreement
Discuss Your Needs
During your appointment, clearly communicate your business goals and areas where you need assistance, such as planning, setup, or funding.Follow Advisor Recommendations
Take notes on the advice given by the advisor and ask any questions you may have. Implement their recommendations for your business.Explore Funding Options
If you need funding, ask your advisor for guidance on available opportunities and how to apply for them.Complete Any Required Applications
Fill out any necessary applications or forms as advised, ensuring all documentation is accurate and complete.Stay in Touch
Keep the lines of communication open with your advisor for ongoing support as you implement your business plan and strategies.
