From Square One to SK Startup Institute: New Era for Entrepreneurs
Saskatchewan’s business world is changing, and the SK Startup Institute is leading the way. Launched in May 2022, this program builds on what Square One started, helping more businesses across Saskatchewan. It’s like the Saskatoon Public Library for entrepreneurs – a place where anyone can go to learn and grow.
Small businesses are the backbone of Saskatchewan’s economy. They make up over 98.9% of all businesses in the province and contribute nearly 29% to its GDP. That’s why programs like SK Startup Institute are so important.
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Not only do these organizations support conventional businesses, but they also provide vital assistance to online casino startups, offering key resources like market research, strategic planning, and legal consultation. These tools are essential for overcoming industry challenges and laying the groundwork for success.
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This commitment to supporting entrepreneurs and fostering a robust business environment in Saskatchewan has deep roots. It all began with the founding of Square One by the Saskatoon Regional Economic Development Authority (SREDA), an initiative designed to assist small business owners in navigating the complexities of launching and running a business.
From Square One to SK Startup Institute
Founding of Square One by SREDA in 2014
Square One was launched in 2014 by the Saskatoon Regional Economic Development Authority (SREDA) to provide essential support to entrepreneurs. The program aimed to help new and existing small business owners navigate the complexities of starting and running a business. Collaborating closely with the Saskatoon Chamber of Commerce, Square One became a central hub for business resources, known as the Square One Library, offering extensive information and guidance to budding entrepreneurs.
Mission and Initial Goals
The primary mission of Square One was to strengthen the entrepreneurial ecosystem in Saskatchewan by offering services such as business advising, setup assistance, market research, and more. Its goal was to make the entrepreneurial journey easier and more accessible.
Top Milestones in Square One’s History
Over the years, Square One achieved many milestones, helping hundreds of entrepreneurs start and grow their businesses. It provided valuable resources, organized numerous workshops, and facilitated networking opportunities that connected budding entrepreneurs with industry experts. These Square One events played a crucial role in building a strong business community in Saskatoon.
Transition to SK Startup Institute
In 2022, Square One transitioned to the SK Startup Institute, reflecting a renewed mission and expanded services. This change aimed to provide more comprehensive support to a broader range of entrepreneurs across the province. The transition was marked by an enhancement of Square One resources, ensuring that all entrepreneurs, regardless of their business stage, had access to the necessary tools and support.
Expanded Services and New Mission
The SK Startup Institute now offers an enhanced suite of services designed to support entrepreneurs at every stage of their journey. Its renewed mission is to foster a thriving entrepreneurial community in Saskatchewan by providing personalized support, valuable resources, and extensive networking opportunities.
How SK Startup Institute Helps Entrepreneurs
Business Advising
One of the core services of the SK Startup Institute is business advising. Entrepreneurs can schedule one-on-one sessions with experienced advisors who provide practical guidance on exploring business ideas, developing business plans, and strategizing for growth.
Business Setup Assistance
Setting up a business involves navigating various regulatory requirements. The SK Startup Institute offers assistance with business registration, licensing, and ensuring compliance with government regulations. They also help with business taxes and employment obligations, making the setup process less daunting.
Market Research Reports
Making informed business decisions requires access to accurate and relevant data. The SK Startup Institute provides comprehensive market research reports that include demographic data, industry performance and outlook, economic data, and competitor, supplier, and sales listings.
Events and Workshops
The institute organizes a variety of events and workshops throughout the year. These include webinars and community events that focus on skill development and provide networking opportunities for entrepreneurs to connect with peers and industry experts.
Experts and Referrals
Entrepreneurs can access a network of qualified business experts through the SK Startup Institute. The Ask-an-Expert program offers specialized advice on various aspects of business management, from financial planning to marketing strategies.
Self-Help Resources
For those who prefer to learn independently, the SK Startup Institute offers a wealth of self-help resources. These include downloadable fact sheets and guides, on-demand webinars, and other online materials that cover fundamental business concepts.
Just like Square One events used to bring people together, these new offerings do the same, but with even more options.
What Makes SK Startup Institute Special
- Personal Help: Every business is different. SK Startup Institute knows this and gives advice that fits your specific needs.
- Lots of Resources: From market research to money planning tools, SK Startup Institute has everything you need to start and grow your business.
- Open to Everyone: No matter where you are in Saskatchewan or what kind of business you have, SK Startup Institute is there to help. It’s as welcoming as the Delta Bessborough Saskatoon but for entrepreneurs.
- Community Building: Making connections is important for business. SK Startup Institute helps you meet other business owners and experts.
Stories of Business Success
SK Startup Institute (and Square One before it) has helped many local businesses succeed:
“SK Startup Institute gave me the confidence to be up and running from day one.”
Akash Khinda (Walking Stick Mobility)
“With SK Startup Institute’s help, I was able to source critical market research.”
Karam Singh (Wow Cars)
“SK Startup Institute services are crucial for growing businesses in Saskatchewan.”
Mona Etaiw (Morouge Canada)
“I am so glad we reached out to SK Startup Institute because now we’re in the right position to manage our rapid growth.”
Zachary Smith (Letter the Lawn)
“The SK Startup Institute website and staff were really the starting point for our business.”
Aaron & Kathryn(ABM Plumbing)
Team Behind SK Startup Institute
The SK Startup Institute is led by a dedicated team of professionals who bring a wealth of knowledge and experience to the table. Key team members include:
Stephane O’Reilly, Director: Stephane oversees the overall operations and strategic direction of the institute.
Kait Waugh, Advisor: Kait provides one-on-one business advising and helps entrepreneurs with their business planning and growth strategies.
Unanath Reggie Ramlochan, Advisor: Reggie offers specialized advice on various aspects of business management and supports entrepreneurs in achieving their goals.
How to Get Started
Getting started with the SK Startup Institute is straightforward. Entrepreneurs can engage with the institute by following these steps:
- Visit the Website: Explore the institute’s website to learn about the available services and resources.
- Book an Appointment: Schedule a one-on-one session with an advisor for personalized guidance.
- Access Online Resources: Use the self-help resources, including fact sheets, guides, and webinars, available on the website.
The institute offers a variety of online resources that can be accessed anytime. These materials are designed to provide entrepreneurs with foundational knowledge and practical tips for running a successful business.
Upcoming Events and Workshops
The SK Startup Institute regularly updates its schedule of webinars and events. These sessions cover a range of topics, from business planning to marketing strategies, and are designed to help entrepreneurs develop essential skills.
Here are a few upcoming events:
“Startup Steps – How to start your business in Saskatchewan” (August 6, 2024)
“Business Plan Basics – Writing your first business plan” (August 7, 2024)
“The Power of Community Destinations” (September 11, 2024)
“Facebook Ads Made Easy” (September 25, 2024)
Sign up for these on their website.
To register for an upcoming event or workshop, visit the institute’s website and follow the registration instructions. Participation in these events provides valuable learning and networking opportunities.
How to Contact Them
SK Startup Institute is ready to help entrepreneurs all over Saskatchewan:
Saskatoon Office: 216 1st Ave South, Saskatoon, SK S7K 1K3
Regina Office: 200 – 1965 Broad Street, Regina, SK S4P 1Y1
Phone: 306.242.4101
Toll Free: 1.888.576.4444
Email: info@skstartup.ca
Open: Monday – Friday, 8:30am – 4:30pm
SK Startup Institute has taken the best of what Square One offered and expanded it. It’s not just about starting a business anymore – it’s about growing and thriving in Saskatchewan’s dynamic economy. Whether you need basic info like you’d find at the public library Saskatoon, or in-depth business advice, SK Startup Institute is the place to go. It’s become an essential part of Saskatchewan’s business landscape, helping turn ideas into successful enterprises across the province.