Saskatchewan Immigrant Nominee Program Resources

By: Efsk  09-12-2011

The Entrepreneurial Foundation of Saskatchewan Inc. (EFS) is a key resource for developing Saskatchewan entrepreneurial organizations. Through its broad network of partners, clients, contacts and diverse resources, EFS supports entrepreneurs as they seek financing to start-up, grow, transition and/or become financially stable.

In 2010 and 2011, EFS was contracted by the Ministry of Advanced Education, Employment and Immigration (AEEI) through the Saskatchewan Immigrant Nominee Program (SINP) – Entrepreneur Category to develop programs to assist Immigrant Entrepreneurs as they look to start-up, purchase and/or actively invest in Saskatchewan based businesses.  Enterprise Saskatchewan also provided support for these activities in 2011.  

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Are You Prepared for Investment

While the EFS does not prepare business plans, it will work with entrepreneurs to identify weaknesses in their plan and provide input and direction to improve the document and the underlying investment opportunity. The most critical part of the Investment Readiness process is the preparation of a suitable business plan, which has been written specifically with the intention of attracting interest to the proposal.


Education and Seminars

It is largely due to this lack of knowledge that SME owners are either unprepared when they approach a private equity firm or they are not aware of this potential source of investment capital and how it could assist them in reaching their business objectives.


Investment Process

Preliminary Due Diligence: Commence preliminary due diligence in order to acquire a high level of confidence with such areas as its principals, products, markets, competition, financial projections and growth opportunities. Investors conduct an on-site visit to the operations in order to better understand the business operations, processes, product, services, meet key staff and have more detailed discussions on all aspects of the business.