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Start-up visa for Canada

Canada Start-Up/Entrepreneurs Visa program (SUV)

If you are a businessperson with an innovative business concept, you may be eligible for the Canada startup visa programme. The Start-Up Visa Program connects qualified applicants with private sector organizations in Canada that can provide money as well as guidance and expertise in starting and operating a business in Canada. Successful candidates will be granted permanent status in Canada under this new Canadian immigration scheme. Since its inception as an experimental run programme in 2013, the Start-up Visa Program has admitted a large number of worker entrepreneurs to Canada, with the number of approvals increasing year after year. Read on to learn everything you need to know about Canada’s startup visa programme, including a step-by-step application guidance.

 

What is the purpose of the Start-Up Visa?

The Startup Visa Program in Canada allows entrepreneurs to move to Canada in order to start a new business. Immigrant entrepreneurs must show that their company is innovative, will provide new opportunities for Canadians, and can compete on a global basis.

How can we help ?

    What are the prerequisites for a start-up visa in Canada?

    In order to be eligible for a Canada startup visa, you must meet four requirements:

    1- Have a business that qualifies

    • At least 10% of the voting rights associated to all of the company’s shares must be held by you.
    • You and the designated organisation must own at least 50% of the voting rights linked to all of the company’s shares.

    2- Obtain a Designated Entity’s commitment

    • You must show that you have received funding from a venture capital firm, an angel investor organization, or a business incubator.
    • To do so, you must propose your company idea to the organization and persuade them that it is worthwhile to support.
    • Each organization will have its own approach for pitching your company idea.
    • If your pitch is successful, the organization will provide you a letter of support, which you must include with your start-up visa application.

    3- Prove ability in English or French

    • You must take a language exam from an approved organisation and demonstrate that you can speak, read, listen, and write at the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French.

    4- Requirement for Proof of funds

    Interested applicants must demonstrate that they have sufficient funds to maintain themselves and their families in Canada.

    Canada Spouse visa from India consultants
    Number of family members Required funds (in CAD)
    1 (single applicant) $12,960
    2 $16,135
    3 $19,836
    4 $24,083
    5 $27,315
    6 $30,806
    7 $34,299
    For each additional family member, add $3,492

    Investor Groups Approved for the Start-Up Visa

    The Venture Capital Funds and Angel Investor Groups that have been designated to participate in this Canadian immigration scheme are listed below.

    • Venture Capital Funds

    • Blackberry Partners Fund II LP (doing business as Relay Ventures Fund II)
    • Celtic House Venture Partners
    • eltic House Venture Partners Fund III L.P.
    • Celtic House Venture Partners Fund IV LP
    • DRI Capital Inc.
    • Golden Opportunities Fund Inc.
    • I-Novia Capital Inc.
    • New Brunswick Innovation Foundation Inc.
    • North water Intellectual Property Fund
    • OMERS Ventures Management Inc.
    • Pangaea Ventures Fund III, LP
    • PRIVEQ Capital Funds
    • PRIVEQ III Limited Partnership
    • PRIVEQ IV Limited Partnership

    • Angel Investor Groups

    • Angel One Network Inc.
    • First Angel Network Association
    • Golden Triangle Angel Network

    • Quorum Group

    • Advantage Growth (No.2) L.P.
    • Ontario SME Capital Corporation
    • Quorum Investment Pool Limited Partnership
    • Quorum Secured Equity Trust
    • Rho Canada Ventures
    • Summer hill Venture Partners Management Inc
    • Tandem Expansion Management Inc.
    • Vanedge Capital Limited Partnership
    • Version One Ventures
    • Wellington Financial LP
    •  West cap Mgt. Ltd.
    • Yale town Venture Partners Inc.

    How long does it take to get a start-up visa in Canada?

    In most cases, applications are processed in 12 to 16 months. Applicants can, however, apply for a temporary work visa that will allow them to begin working in Canada before their permanent residency application is approved. The principle applicant and all accompanying family members will be granted permanent resident status in Canada after their application is approved.

    What are the start-up visa processing fees?

    The application fee for the Start-up Visa Program is CAD $1,575 plus a $500 right of permanent residence cost for the main, $825 plus a $500 right of permanent residence cost for accompanying spouse/common-law partner, and $225 per dependent kid.

    Why Choose JC Immigrations ?

    JC Immigrations is the top immigration expert in Delhi for a Canadian start-up visa. We, as immigration advisors, ensure complete openness throughout the entire process, from visa consulting to visa approval. Some of the primary reasons why we are the best immigration consulting for start-up visas are as follows:

    ♦ Fee for Processing  We don’t charge exorbitant fees in the name of taking you overseas; our services are quite inexpensive and successful.
    ♦ Days of work- For our clients, we work seven days a week.
    ♦ Services provided- We collaborate with you on the end-to-end process and provide ongoing support.
    ♦ Refund- We at JC Immigrations make every effort to provide you with a favourable outcome; nevertheless, if your application is denied, we will return 60% of your processing fee.
    ♦ Complementary Services- We give complimentary services such as Job Assistance, Resume writing, IELTS training, and Post Landing Services because your visa application is only 50% of your settlement in another country.
    ♦ Successful Ratio- We have a near-perfect success record, which is among the highest in the industry.
    ♦ Visa classifications- We apply for numerous visa categories at no additional cost to confirm your invitation from your ideal country.

    Please submit your question so that we can better understand your specific visa requirements. A representative will contact you.

    Call: +91 9899882179

    Best Canada Immigration Consultants In Delhi