SaskWorks Venture Fund

SaskWorks Venture Fund, established in 2001 and based in Regina, Saskatchewan, is a retail mutual fund focused on investing in privately-held small and medium-sized businesses that are owned or primarily operated in the province. As a labour-sponsored venture capital corporation, it offers investments that qualify for a tax credit of 35%, in addition to the benefits of RRSP tax deferral. The Fund provides Saskatchewan residents with the opportunity to invest locally, thereby contributing to the growth of regional companies and the creation of jobs within the province. Through its investment strategy, SaskWorks aims to support the development of the Saskatchewan economy while offering potential financial returns to its investors.

Past deals in Saskatchewan

SalonScale

Seed Round in 2020
SalonScale is a technology company that provides hardware and software to manage hair color product usage and costs in salons. It develops Bluetooth-enabled scales that measure the exact amount of dye used and a mobile and web platform for tracking color usage, inventory, and expenses in back-bar operations. By weighing products and recording associated charges, the solution enables salons to separate color costs from stylist labor and improve inventory management. The platform serves salons with a back-bar management system and dashboards for cost measurement. Founded in 2018 and headquartered in Saskatoon, Canada, SalonScale was created by stylists and has grown to over a thousand users across North America.

Biktrix

Corporate Round in 2020
Biktrix is a Canadian maker and retailer of electric bikes and accessories. It sells online a range of models including all-terrain, cruiser, commuter, and foldable bikes, with electric assist motors up to 500 watts and options for customization. The company serves customers worldwide, was founded in 2014, and is based in Saskatoon, Canada. It offers a substantial warranty at a low cost.

Moody's Equipment

Venture Round in 2020
Moody's Equipment Ltd. is a Canadian dealer specializing in new and used agricultural and construction equipment, as well as lawn and garden equipment and parts. Founded in 1964 and headquartered in Saskatoon, the company provides a range of products including tractors, agricultural machinery, and irrigation equipment. Moody's Equipment aims to enhance agricultural activities by offering reliable machinery that helps farmers improve crop production methods and increase yields. Its focus on both construction and agricultural sectors positions the company as a key player in supporting the needs of Canadian farmers and contractors.

Harbour Landing Village

Venture Round in 2020
Harbour Landing Village operates a retirement community offering senior housing development services, assisted living, childcare services, dining facilities, wellness activities, social events, and intergenerational programming. Located in Regina, Canada, it fosters belonging through a customized approach to independent and supported living.

TAM International

Venture Round in 2019
TAM International LP, founded in 2004 and headquartered in Saskatoon, Canada, is a global freight forwarder specializing in logistics solutions for Class 7 radioactive materials and other specialized materials. The company operates satellite offices in Whitby, Ontario; Vancouver, British Columbia; Paducah, Kentucky; Chester, England; and New Delhi, India, enabling it to provide comprehensive transportation services worldwide. TAM International is committed to ensuring the safe and efficient movement of radioactive materials, addressing the unique challenges associated with their logistics.

Burgess Creek Exploration

Venture Round in 2018
Burgess Creek Exploration is a private company specializing in the exploration and development of oil and gas, with a focus on light oil prospects primarily located in Southeast Saskatchewan. The company targets conventional oil and gas reservoirs, utilizing its expertise and innovative technologies to identify and develop internally generated prospects as well as pursue strategic acquisitions. Burgess Creek Exploration emphasizes maintaining good operating margins and a low risk profile associated with light crude oil. Additionally, the company is committed to implementing and upholding a health, safety, and environmental program to ensure responsible operations in its exploration activities.

Villanova 4 Oil Corp

Venture Round in 2015
Villanova 4 Oil Corp. is a privately-held oil and natural gas exploration and development company based in Regina, Canada. Incorporated on June 6, 2012, it is the fourth entity established by the principals of the Keystone Group of Companies. Villanova 4 focuses on exploring and developing energy resources in Saskatchewan, contributing to the region's energy sector. As of July 2018, the company operates as a subsidiary of TORC Oil & Gas Ltd.

Sun Country Well Servicing

Venture Round in 2013
Sun Country is a private well-servicing contractor based in Estevan, Saskatchewan. It operates freestanding mobile service rigs and offers services such as single tubing, double tubing, double rod, and triple rod service rigs to oil and gas operators.

Pines Power Sports Marine

Venture Round in 2013
Pines Power Sports Marine is a recreational products dealership located in Prince Albert, Canada, specializing in a wide range of vehicles and accessories for outdoor enthusiasts. Founded in 1978 by John Panchuk, the company has evolved into one of the largest BRP dealerships in Western Canada and the largest in Saskatchewan. It offers an array of products, including fiberglass and aluminum fishing boats, pontoon boats, skiing boats, and sports boats, alongside a selection of fun accessories. Additionally, Pines Power Sports Marine operates as a full-service shop for popular brands such as Ski-Doo, Can-Am, Sea-Doo, and Suzuki outboards. Currently owned by Dean Lato and Justin Dryka, the company remains committed to providing quality recreational vehicles to enhance customer experiences with family and friends.

Terra Grain Fuels

Venture Round in 2013
Terra Grain Fuels is a producer of ethanol and dried distiller's grains, primarily operating within the agricultural and energy sectors. The company collaborates with wheat growers to source its raw materials and subsequently sells its finished products to various manufacturers, including ethanol blenders. Terra Grain Fuels serves clients across the Canadian provinces of Saskatchewan, Alberta, and Manitoba, contributing to the regional economy through its manufacturing and marketing efforts in the renewable energy space.

Firesky Energy

Venture Round in 2013
Firesky Energy is engaged in the exploration and production of oil and gas reserves, primarily operating in Saskatchewan and Manitoba. The company possesses a substantial land base, which allows it to effectively exploit low-risk oil resources. By focusing on cost reduction and the timely development of new projects, Firesky Energy aims to ensure steady economic growth and enhance production and cash flow. Its strategy is centered on developing long-life conventional oil and gas reserves, contributing to the availability of energy resources for the community.

The Wireless Age

Venture Round in 2012
Wireless Age Communications is a prominent player in the Canadian wireless industry, headquartered in Regina, Saskatchewan. The company operates retail cellular and telecommunications outlets across several locations, including Saskatoon, Martensville, and Humboldt. It serves both consumer and business markets by offering a range of wireless telecommunications products and services through its ten retail locations and outbound sales teams. Wireless Age focuses on providing effective communication solutions by partnering with various suppliers, ensuring quality service for both end-users and other businesses within the industry. Through its disciplined approach to growth and profitability, Wireless Age aims to help customers navigate a world increasingly reliant on wireless technology.

Camco Plumbing, Heating and Air Conditioning

Venture Round in 2011
Camco Plumbing, Heating and Air Conditioning Ltd. is a full-service provider based in Regina, Canada, specializing in plumbing, heating, and air conditioning services for both residential and commercial clients. The company focuses on delivering cost-effective maintenance solutions that help customers efficiently manage their facilities and equipment. By offering a range of services, Camco aims to ensure a hassle-free experience for its clientele, catering to diverse needs in the plumbing and HVAC sectors.

Highrock Resources

Venture Round in 2011
Highrock Resources is a junior exploration and production company focused in SE Saskatchewan.

Factory Optical

Venture Round in 2008
Factory Optical was established in Regina, Saskatchewan as a wholesale manufacturer of prescription lenses for independent Opticians and Optometrists. Our focus is serving customers.

Churchill Energy

Venture Round in 2007
Churchill Energy Inc. is a junior oil and natural gas company focused on the exploration, development, and exploitation of hydrocarbon reserves primarily located in the western Canadian sedimentary basin. The company specializes in providing oil and gas exploration services, aiming to identify and leverage resources to meet energy demands. Through its operations, Churchill Energy is committed to advancing its portfolio of oil and natural gas projects in Canada.

Terra Grain Fuels

Debt Financing in 2006
Terra Grain Fuels is a producer of ethanol and dried distiller's grains, primarily operating within the agricultural and energy sectors. The company collaborates with wheat growers to source its raw materials and subsequently sells its finished products to various manufacturers, including ethanol blenders. Terra Grain Fuels serves clients across the Canadian provinces of Saskatchewan, Alberta, and Manitoba, contributing to the regional economy through its manufacturing and marketing efforts in the renewable energy space.

Avalon Oil & Gas

Venture Round in 2005
Avalon Oil & Gas Ltd. is a Calgary-based company focused on the exploration, development, and acquisition of conventional and thermal heavy oil properties in the greater Lloydminster region of Alberta and Saskatchewan. The company prioritizes high environmental, safety, and governance standards in its operations, ensuring responsible management of resources. Through its activities, Avalon aims to provide effective solutions for resource disposition while capitalizing on the opportunities within the heavy oil sector.

Tamarack Valley Energy

Venture Round in 2005
Tamarack Valley Energy is a Calgary-based company engaged in the exploration, development, and production of crude oil and natural gas within the Western Canadian Sedimentary Basin. The company focuses on acquiring and operating repeatable, predictable resource plays, with key assets including Cardium light oil properties in Lochend, Garrington/Harmattan, and Buck Lake in Alberta, Viking light oil resources in Redwater, Foley Lake, and Westlock in Alberta, and heavy oil opportunities southeast of Lloydminster in Saskatchewan.

Points North Freight Forwarding

Venture Round in 2001
Points North Freight Forwarding is a freight and bulk fuel provider based in Saskatchewan, specializing in the transportation of a variety of fuels and oils, including gasoline, diesel, heating oil, propane, and jet fuel. The company also offers an extensive selection of lubricants and serves as an aviation fuel distributor, providing both into-plane and bulk fuel services. In addition to its fuel offerings, Points North provides trucking and camp services, facilitating the delivery of goods across seasonal and ice roads, as well as standard highways. This comprehensive service approach enables clients to efficiently transport their goods, dirt, or gravel throughout the region.
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