Start-up Visa

Start-up Visa

The Start-up Visa Program aims to attract innovative entrepreneurs to Canada who can contribute to the country's economy. It requires support from a designated organization.

Eligibility Criteria:

Ownership: The applicant must own at least 10% of the voting rights in the business and control at least 50% of the total voting rights.

Designated Organization Support: Applicants must receive a commitment from a designated organization, which can be a venture capital fund, angel investor group, or business incubator.

Language Proficiency: Applicants must demonstrate language proficiency in English or French at a minimum level (CLB 5).

Application Process:

Applicants must secure support from a designated organization, submit a complete application package, including a business plan, and undergo a due diligence process.

Updates:

The Start-up Visa Program may introduce changes to designated organizations or specific requirements. Staying updated is important for potential applicants.