Business

Process For Getting A Start-Up Visa

There is a four-step process you need to meet in order to get a Canadian start-up visa:
1- Find Designated Investor:- Your start-up or new business must receive support from a designated organization before you can participate in the visa program. There are three kinds of designation investors:-

A) Angel Investor Groups

You must be able to get one or more investors connected to these groups to agree to invest a minimum of $75,000:
1) Oak Mason Investments Inc.
2) VANTEC Angel Network Inc.
3) Southeastern Ontario Angel Netwotk
4) Keiretsu Forum Canada
5) York Angel Investors Inc.
6) Ekagrata Inc.
7) Canadian International Angel Investors
8) Golden Triangle Angel Network
9) TenX Angel Investors Inc.

B) Business Incubators

You must be able to be accepted into one of these programs:
1) Waterloo Accelerator Centre
2) TSRV Canada Inc.
3) The DMZ Ryerson University
4) Spark Commercialization and Innovation Centre
5) Real Investment Fund III L.P I/a FounderFuel
6) North Forge Technology Exchange
7) Millworks Centre (Entrepreneurship)
8) Launch Academy (Vancouver)
9) Knowledge Park o/a Planet Hatch
10) Interactive Niagara Media Cluster o/a Innovate Niagara
11) Highline BETA Inc.
12) Extreme Innovations
13) Creative Destruction Lab
14) Alberta Agriculture and Forestry
15) Agrivalue Processing Business Incubator
16) Food Processing Development Centre
17) York Entrepreneurship Development Institute
18) VIATEC
19) Toronto Business Development Centre (TBDC)
20) Spring Activator
21) Ryerson Futures Inc.
22) Platform Calgary
23) Next Canada
24) LauchPad PEI Inc.
25) LatAm Startups
26) Invest Ottawa
27) Innovacorp
28) Genesis Centre
29) Empowered Startups Ltd.
30) Biomedical Commercialization Canada Inc. (Operating as Manitoba Technology Accelerator)
31) Alacrity Foundation

Venture Capital Funds

You must be able to get at least one of these groups to agree to invest a minimum of $200,000:
1) Westcap Management Ltd.
2) Top Renergy Inc.
3) Real Ventures
4) Nova Scotia Innovation Corporation o/a Innovacorp
5) Innovation Platform Captial International LP
6) Extreme Venture Partners LLP
7) BCF Ventures
8) York Entrepreneurship Development Institute(YEDI) VC Fund
9) Vanedge Capital Limited Partnership
10) Relay Ventures
11) Pangaea Ventures Ltd.
12) iNovia Capital Inc.
13) Golden Venture Partners LLP
14) BDC Venture Capital
15) 7 Gate Ventures
16) Celtic House Venture Partners
17) Impression Ventures
18) Lumira Ventures
19) PRIVEQ Capital Funds
20) ScaleUp Venture Partners, Inc.
21) Version One Ventures
22) Yaletown Venture Partners Inc.
Each organization has its own way in process for proposals, requirements and criteria used to assess and evaluate parameters.
• The amount of funding that can be provided by the designed investors is also pre-defined.
• You can club support with two different investors but would never each letter of support.
• It is important to be connected with only approved and designated investors.
2- Pitching Perfect Business Plan And Idea:- Creating a successful pitch and presenting a thorough business plan to your investors plays a has different in the Canadian market and investors. Every investor has a unique and different requirement, It's essential to customize your business plan and pitch to each investor with your proposal after researching adequately.
3- Necessary Letter of Support:- After your idea is approved by your designated potential investors you’ll get a letter of support attached to your application for permanent residency.
4- You can firstly apply for the Permanent Resident (PR) and then after it, you can immediately apply for the Canadian Citizen upon the residency obligation. Your business state does not have an influence over your Permanent Residency Status or your Citizenship.

Provincial Business Immigration

It is very crucial to comprehend the province’s requirements and regional communities of each province as it has its own Provincial Nominee Program (PNP) for investors and entrepreneurs. The eligibility criteria vary for each PNP stream, but mainly the parameters depend upon the net worth, investment and business experience.

The Self-Employed Program

The requirement to be eligible immigrating by self-employed program :
• You must have relevant experience which refer to :- you must be part of cultural activities or athletics at a world-class level or been a self-employed person in cultural activities or athletics.
• You must be potential enough and have the willingness to be self employed in Canada.
• Score the required marks in the self employed programs selection criteria.
• You must fulfill the criteria of the background check, medical, security and additional admissibility conditions. To get qualified you must have at least two years of relevant which should be during the period starting 5 years before the day of applying and ending on the day the decision on your application is made.