BBN Labs — Better Business Network

SMEDCO Loan Programs

Availability variesGovernment-backed financingChecked

SMEDCO offers financing to Métis entrepreneurs in Saskatchewan who want to start, grow, or buy a business. SMEDCO calls this financing. Ask SMEDCO whether yours is a loan you must repay, and confirm the exact terms before you apply.

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At a glance

Issued byGovernment of Saskatchewan, SaskMétis Economic Development Corporation
Administered bySaskMétis Economic Development Corporation (SMEDCO)
RegionSaskatchewan

Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.

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Is this for you?

  • You are a Métis entrepreneur operating or planning to operate in Saskatchewan.
  • You need capital to start a new business, expand an existing one, or purchase a business.
  • You are comfortable with financing structures that require repayment rather than grant funding.

Probably not the right fit if

  • You are not Métis or do not operate in Saskatchewan.
  • You are seeking a non-repayable grant without any financing obligations.
  • You need immediate funding confirmation without first consulting SMEDCO for eligibility and terms.

How much you'd realistically get

The official page does not list loan amounts or limits. Ask SMEDCO how much you can borrow.

What may be supported

  • Starting a new business
  • Expanding an existing business
  • Purchasing an existing business

How applying works

Effort: moderateYou must contact SMEDCO directly to discuss your business goals and determine the appropriate financing package.

  1. 01Verify you are a Métis entrepreneur located in Saskatchewan.
  2. 02Contact SMEDCO via phone (306.657.4870 or 1-888-657-4870) or email (info@ccdf-smedco.com).
  3. 03Discuss your business goals (start, grow, or purchase) with a SMEDCO representative.
  4. 04Confirm the specific financing terms, amounts, and required documentation.
  5. 05Submit your application materials as directed by SMEDCO.

Who to ask: Phone: 306.657.4870 or Toll-Free 1-888-657-4870; Email: info@ccdf-smedco.com; Contact Page: https://www.ccdf-smedco.com/contact/

Documents commonly required

  • Proof of Métis status
  • Business plan or proposal for start/growth/purchase
  • Financial statements or projections (confirm with SMEDCO)
  • Proof of Saskatchewan location

What to know before you count on it

  • This is financing, not a grant; you will likely need to repay the funds.
  • The official page does not list interest rates, fees, or repayment terms. Ask SMEDCO before you apply.
  • Eligibility is strictly limited to Métis entrepreneurs in Saskatchewan.
  • The application process requires direct consultation with SMEDCO rather than a simple online form.

What are your odds?

Approval depends on whether you meet the Métis eligibility rules and can afford the payments. It is not a competition between applicants.

Frequently asked questions

Is this a grant or a loan?

SMEDCO calls these financing packages. Ask SMEDCO whether yours is a loan, equity, or another type of financing, and whether you must repay it.

How much funding can I get?

The official page does not list amounts.

Who administers this program?

SaskMétis Economic Development Corporation (SMEDCO).

Can I apply online?

No. The official page does not offer an online application. Contact SMEDCO by phone, email, or their contact page to start.

What you can combine it with

Check with SMEDCO if this financing can be combined with other provincial or federal programs.

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Page last updated ; status and deadline checked . Source: official program page.