Language

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

SOCO Provides Comprehensive Environment For Saskatchewan Tech Companies

Released on July 6, 2020

Saskatchewan Opportunities Corporation (SOCO) released its 2019-20 Annual Report today, highlighting the technology parks’ role in helping grow the province’s technology sector.

“SOCO continues to provide a supportive environment for technology companies that represent Saskatchewan’s key growth sectors,” Minister Responsible for SOCO Joe Hargrave said.  “Entrepreneurs active in the agri-tech, health and life sciences, information and communications technology, and natural resources sectors are integral to further development of Saskatchewan’s exciting tech sector, which is resulting in the success of their business ventures.”

“This unique and comprehensive environment helps technology companies start, grow and stay in Saskatchewan and contribute to the province’s evolving technology ecosystem,” SOCO President and CEO Van Isman said.

Highlights of the 2019-20 Annual Report:

  • SOCO generated a net income of $3.0 million, with total revenue of $39.5 million.
  • Of the 185 businesses that started operations at Innovation Place, 123 (66 per cent) are still active in Saskatchewan, with 62 located in the technology parks and 61 operating elsewhere in the province.
  • Innovation Place received a 94.5 per cent approval rating from tenant CEOs who would recommend the technology park to other organizations.
  • In the last fiscal year, 13 new technology companies started at Innovation Place.
  • Increased tenant programming resulted in more than170 business development and networking events, attracting close to 12,000 attendees.

SOCO is a Crown corporation that operates under the business name Innovation Place.  The technology parks, located adjacent to the province’s two universities in Saskatoon and Regina, are home to 150 tenants employing more than 3,800 people.

A diverse mix of technology and service tenants, a dynamic social atmosphere and high quality facilities work together to create a community that encourages innovation, collaboration and entrepreneurship.

The 2019-20 Annual Report is available online at www.soco.sk.ca.

-30-

For more information, contact:

Van Isman
Saskatchewan Opportunities Corporation
Phone: 306-933-6258 (Saskatoon) 
Phone: 306-787-8554 (Regina)
Email: visman@innovationplace.com
www.innovationplace.com

We need your feedback to improve saskatchewan.ca. Help us improve