Start_up Visa Program

What is Start-up Visa Program?

The Start-up Visa program is designed to attract innovative entrepreneurs from around the world to build and grow their businesses in Canada. This unique program provides a pathway to permanent residency for foreign entrepreneurs who are ready to launch a successful business with the support of designated Canadian investors. Canada offers a welcoming environment for entrepreneurs, with access to a dynamic economy, a skilled workforce, and abundant opportunities for growth.

Eligibility Requirements for the Start-up Visa

To qualify for the Start-up Visa program, applicants must meet specific criteria. You need to demonstrate that you have the skills and potential to build an innovative, scalable business. Here are the main eligibility requirements:

1. Business Requirements:
   • Your business must be innovative and have the potential for global competitiveness.
   • You must be actively involved in the day-to-day operations of the business.
   • Your business idea must be supported by one of Canada’s designated organizations (venture capital fund, angel investor group, or business incubator).
2. Support from a Designated Organization:
   • You must secure a commitment from a designated organization to support your business idea. This can be in the form of a letter of support or an investment.
3. Language Requirements:
   • You must demonstrate proficiency in English or French through approved language tests (e.g., IELTS, CELPIP, or TEF Canada).
4. Settlement Funds:
   • You need to have enough settlement funds to support yourself and your family after arriving in Canada.
5. Minimum Ownership:
   • You and your partners must hold at least 10% of the voting rights in the business.

 

How to Apply for the Start-up Visa

The application process for the Start-up Visa involves several key steps. We guide you through every stage to ensure your application is complete, accurate, and on time:

1. Step 1: Secure Support from a Designated Organization:
   • Find a designated organization that aligns with your business idea. This may involve pitching your idea to investors or incubators to secure their support.
   • Once support is obtained, you will receive a letter of support or a commitment certificate from the designated organization.
2. Step 2: Meet Language and Settlement Requirements:
   • Complete a language proficiency test and achieve the minimum required score.
   • Gather evidence to demonstrate that you have sufficient settlement funds to support yourself and your family.
3. Step 3: Prepare Your Application:
   • We assist in preparing your application package, ensuring all forms and documents are properly completed.
   • Include the letter of support or commitment certificate from the designated organization, language test results, and evidence of your business’s innovative potential.
4. Step 4: Submit Your Application:
   • Submit your completed application to Immigration, Refugees and Citizenship Canada (IRCC). We will ensure that your application is filed promptly and correctly to avoid delays.
5. Step 5: Wait for a Decision:
   • Once your application is submitted, IRCC will review it and make a decision. Processing times can vary, but we will keep you updated throughout the process.
6. Step 6: Receive Permanent Residency:
   • If your application is approved, you and your family will receive permanent resident status in Canada. At this point, you can begin building and growing your business in Canada.

How We Can Help You  

Navigating the Start-up Visa process can be challenging, but with our expertise, we can ensure a smooth and successful application. Here’s how we help:

• Identifying the Right Designated Organization: We will assist you in finding the right investors or incubators who align with your business vision.
• Business Plan and Pitch Assistance: We offer expert guidance in refining your business idea and developing a compelling business plan to present to potential investors.
• Document Preparation and Application Submission: Our team will help you prepare all necessary documents, ensuring your application is complete and accurate. We’ll handle all paperwork and file your application on time.
• Language Proficiency Support: We can recommend trusted language testing services and provide tips for improving your language skills if necessary.
• Ongoing Support: From the initial consultation to receiving your permanent residency, we’ll be there every step of the way, providing support and ensuring your application stays on track.

By choosing Immibright, you gain a partner who is committed to your success in the Start-up Visa program. Let us help turn your entrepreneurial dreams into reality in Canada.