Start Up Program
Canada Start Up Program
Then Canada's Start up Visa program for entrepreneurs is the way to do it. The program is designed to attract dynamic entrepreneurs around the world, get them in to Canada, and give them the support they need (including funding) to build businesses that can compete on a global scale and provide jobs for Canadians.
To be eligible for the Start-up Visa Program, you must have the following:
A qualifying business ·
A letter of support from a designated organization
Meet the language requirements
Bring enough money to settle
Have a qualifying business
A qualifying business means you created a business that meets the following conditions.
At the time you get a commitment from a designated organization: o each applicant holds 10% or more of the voting rights attached to all shares of the corporation outstanding at that time (up to 5 people can apply as owners)
Applicants and the designated organization jointly hold more than 50% of the total voting rights attached to all shares of the corporation outstanding at that time
At the time you receive your permanent residence:
you provide active and ongoing management of this business from within Canada
An essential part of the operations of the business happens in Canada
This business is incorporated in Canada
Get a letter of support from a designated organization You must get a letter of support from a designated organization (a business group that has been approved to invest in or support possible start-ups).
You’ll need to:
- Contact the designated organization to find out how to get its support
- Convince the organization that you have a business idea that is worth supporting
- Get a letter of support from the designated organization
If you reach an agreement with a designated organization, it will send you a letter of support. You need to include this letter when you submit your application to us. This is the proof you need to show that the venture capital fund, angel investor group, or business incubator is supporting your business idea.
The organization will also send a commitment certificate directly to us. CIC use both your letter of support and the organization's commitment certificate to assess your application.
Please do not hesitate to contact us if you need further information.