Coronavirus / COVID-19

Resources for Saskatchewan Businesses

Innovation Place continues to recognize the impact COVID-19 has had on our tenants. As we navigate through these challenging times, we want to ensure that you are aware of the supports that may be available to you. Below is a list of government support programs that are being offered to small businesses impacted by the pandemic.

Saskatchewan Small Business Emergency Payments (SSBEP): SSBEP provides financial assistance to small businesses that have been ordered to temporarily close or substantially curtail operations between December 1, 2020 and March 31, 2021 due to a public health order to control the transmission of COVID-19. Apply before April 30, 2021

Strong Recovery Adaptation Rebate (SRAR): SRAR reimburses eligible small businesses in Saskatchewan for one-time, incremental expenses they have incurred to adapt their business model to operating during the COVID-19 pandemic. Apply before March 31, 2021

Re-open Saskatchewan Training Subsidy (RSTS): RSTS provides funding to support training for businesses to avoid layoffs, maintain operations and prepare for the phased re-opening of Saskatchewan’s economy. Apply before March 31, 2021

Additional provincial and federal supports can be found below.

Provincial and Federal Support

The Government of Saskatchewan COVID-19 website provides a wide range of provincial and federal resources to assist Saskatchewan businesses during the COVID-19 pandemic. Access the latest information and updates on their COVID-19 Support for Businesses page.

Saskatchewan Support

Strong Recovery Adaptation Rebate (SRAR): SRAR is established to reimburse eligible small businesses in Saskatchewan for incremental expenses made to adapt their business models to operating during the COVID-19 pandemic
Re-open Saskatchewan Training Subsidy: This program is an employer-driven, short term training program that provides eligible employers with financial support to train employees
Saskatchewan Small Business Emergency Payment Program (SSBEP) Phase 2 provides financial assistance to eligible small businesses in Saskatchewan ordered to temporarily close or substantially curtail operations between December 1, 2020 and March 31, 2021 due to a public health order to help control transmission of COVID-19
Allowable Business Services in accordance with social distancing practices
Business Response Team, available Monday to Friday, 8:00 am - 8:00 pm. Call toll free 1-844-800-8688 or email supportforbusiness@gov.sk.ca
COVID-19 Products and Supplies - SaskBuilds Single Procurement Service for businesses who can provide COVID-19 solutions
Managing Staffing and Leave resources, including webinars on the newly introduced Public Health Emergency Leave and Public Emergency Layoffs
Oil and Gas Sector Relief Measures, including provincial support for companies affected by COVID-19
Re-Open Saskatchewan Plan and Guidelines for Businesses, including phases, restrictions and guidelines for specific industries

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Federal Support

Canada Emergency Business Account (CEBA) interest-free loans: CEBA provides interest-free, partially forgivable, loans of up to $60,000, to small businesses and not-for-profits, that have experienced diminished revenues due to COVID-19 but face ongoing non-deferrable costs, such as rent, utilities, insurance, taxes and wages
Loan Guarantee for Small and Medium-Sized Enterprises: Export Development Canada is working with financial institutions to guarantee 80% of new operating credit and cash flow term loans of up to $6.25 million to small and medium-sized enterprises
Regional Relief and Recovery Fund (RRRF): RRRF is providing assistance to businesses and communities that may require additional support to cope with and recover from the pandemic. The RRRF is part of Canada’s COVID-19 Economic Response Plan
Black Entrepreneurship Loan Fund: Supporting Black business owners and entrepreneurs through the Black Entrepreneurship Loan Fund that will provide loans of between $25,000 and $250,000. This initiative is part of the Black Entrepreneurship Program, in which up to nearly $93 million is being invested. More details on eligibility requirements and how to apply will be available soon
Large Employer Emergency Financing Facility (LEEFF): LEEFF provides bridge financing to Canada’s largest employers, whose needs during the pandemic are not being met through conventional financing, in order to keep their operations going
Canada Recovery Sickness Benefit (CRSB): How to apply to CRSB
Canada Emergency Rent Subsidy (CERS) program covers part of businesses commercial rent or property expenses, based on revenue decline
Business Credit Availability Program (BCAP) providing additional access to credit
Canada COVID-19 App, a central resource for information and updates
Canada’s COVID-19 Economic Response Plan: New Support to Protect Canadian Jobs
Canada Recovery Benefit (CRB): CRB gives income support to employed and self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance EI benefits. The CRB is administered by the Canada Revenue Agency CRA
Canada Emergency Wage Subsidy (CEWS) for qualifying businesses
Canadian Business Resilience Network resources and support
COVID-19 Products and Services submission form for suppliers that can support Canada's pandemic response
Export Development Canada (EDC) funding for exporters
Farm Credit Canada (FCC) support including additional lending capacity.
Health Canada interim Policy for expedited access to COVID-19 cleaning products
Work-Sharing Program for employers affected by downturn in specified business

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Local & Regional Resources

Looking for COVID-19 resources specific to Saskatoon and Regina? Access a wealth of information courtesy of the chambers and economic development authorities.

Saskatoon

Regina

Saskatchewan / Canada