FCAA is Saskatchewan’s financial and consumer marketplace regulator.
You may have heard of crowdfunding as a way for small businesses or creative projects to raise funds online from the public. Traditional crowdfunding (non-securities based) typically involves raising money through donations or by pre-selling products. Start-up crowdfunding, however, is a process of investing in a start-up or early stage company by buying securities, such as debt securities (like bonds) or equity securities (like shares). Start-up crowdfunding investments are made on-line through a funding portal website and involve significant risk.
For information about start-up crowdfunding select from the options below.
In Canada, there are rules and procedures in place that govern how businesses and funding portals conduct start-up crowdfunding. Certain provinces have also created start-up crowdfunding registration and prospectus exemptions, in order to make the system simpler for businesses. The provinces with exemptions include Saskatchewan (Start-up Crowdfunding exemptions), British Columbia, Manitoba, Québec, New Brunswick, and Nova Scotia (known together as “the participating jurisdictions”).
The following is a list of funding portals operating in Saskatchewan:
For information regarding start-up crowdfunding funding portals in other participating jurisdictions, please contact those jurisdictions directly.