Business incubator – which confirms that the applicant’s business is currently participating in or has been accepted into its business incubator program, or
Angel Investor Group – which confirms that it is investing at least CAD 75,000 in the applicant’s business; or
Venture Capital Fund – which confirms that it is investing at least CAD 200,000 in the applicant’s business.
Requirements:
The applicant must demonstrate that they are innovative immigrant entrepreneurs who will spur economic growth by obtaining a commitment certificate from a designated organization in order to qualify for the Canada start-up visa
The applicant must hold at least 10% of the voting shares in the business, and together with the designated organization more than 50% of the voting shares
The applicant must operate and manage the business venture once set up from within Canada
The applicant must meet a minimum of level 5 in the Canadian Language Benchmark Test in English or French, in speaking, reading, listening, and writing
The applicant must show that he has enough funds to support herself and any dependents after they arrive in Canada
The applicant and family members must be in good health and have no criminal record
Benefits:
Permanent residence for successful applicants
Dual citizenship is permitted
Dependents included:
Spouse or common law partner
Children under 22 years old who do not have a spouse or a common law partner
No source of funds and path of funds requirements
No age limit
Fast processing time
Ability to live, work and study upon approval
Access to high quality subsidized education upon approval
Access to advanced health and welfare systems upon approval
Opportunity to sponsor your family relatives to Canada
Possibility to apply for Canadian citizenship after 3 years of permanent residence
