Start Up Visa Canada – CIS
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Entrepreneurs with innovative business ideas may be eligible to immigrate to Canada under the Start-Up Visa Program.
The Canadian Start-up Visa Program is available to foreign entrepreneurs who can create innovative businesses in Canada that create jobs for Canadians and can compete globally.
Linking innovative entrepreneurs with private sector investors in Canada, the SUV program specifically targets immigrants that have the potential of successfully establishing their business in Canada.
First, you must get a letter of support from a designated organization. Designated organizations are approved by the Canadian government, and include venture capital funds, angel investor groups, and business incubators. You will need to pitch a designated organization and convince them to support your business.
Language tests accepted by IRCC –
| Language | IRCC designated Language tests | Level required for SUV program |
| For English | International English Language Testing System [IELTS]Canadian English language Proficiency Index Program [CELPIP] | CLB 5 |
| For French | Test de connaissance du français [TCF Canada]Test d’évaluation de français [TEF Canada] | CLB 5 |
Mr. Mohit Ghai – Regulated Canadian Immigration Consultant
After fulfilling many requirements and obligations Mr. Mohit Ghai has become a regulated immigration consultant and is a member of Immigration Consultants of Canada Regulatory Council (ICCRC) with License#R508662. He gives immigration related advice. He has the responsibility right from clearing the doubts of prospecting clients about why, where and how they should immigrate to Canada. Mr.Mohit Ghai and his company Canaccess Immigration is also approved by Government Of Saskatchewan License#00428 as an approved consultant and a job recruiter.
https://canaccessimmigration.com/mr-mohit-ghai/
A Letter of Support will be issued by the organization supporting the individual for the SUV program.
A designated organization for the Start Up Visa program for Canada can be either a business incubator, an angel investor group, or a venture capital fund.
As your start-up prepares to launch, we assist you in updating and collecting crucial documents like your business plan, pitch deck, financial projections, and more.
Additionally, we help your start-up prepare for the Canadian market with virtual mentoring sessions on the nuances of doing business in Canada, including pitching, law, taxation, and other important factors. We even offer formal set up assistance in Canada.
To apply for the Start-up Visa Program, your business idea or venture must get the support of one or more of the designated organizations listed below:
- Venture capital funds
- Angel investor groups
- Business incubators
Designated organizations are business groups that are approved to invest in or support possible start-ups through the Start-up Visa Program.
Organizations choose which business proposals to review. Each organization has its own intake process for proposals and criteria used to assess them. For example, you may be asked to present your business concept in person or submit a detailed business plan.
If an organization decides to review your business idea, it’ll assess the potential of your proposal and whether or not it’ll succeed.
If an organization chooses to support your business idea, it’ll give you a Letter of Support.
For more information contact us at https://canaccessimmigration.com/enquiry-form/
Designated organizations
Venture capital funds
You must get at least one of these groups to agree to invest a minimum of $200,000:
- 7 Gate Ventures
- Arete Pacific Tech Ventures (VCC) Corp
- BCF Ventures
- BDC Venture Capital
- Celtic House Venture Partners
- Extreme Venture Partners LLP
- Golden Venture Partners Fund, LP
- iNovia Capital Inc.
- Intrinsic Venture Capital
- Lumira Ventures
- Nova Scotia Innovation Corporation (o/a Innovacorp)
- PRIVEQ Capital Funds
- Real Ventures
- Red Leaf Capital Corp
- Relay Ventures
- ScaleUp Venture Partners, Inc.
- Top Renergy Inc.
- Vanedge Capital Limited Partnership
- Version One Ventures
- Westcap Management Ltd.
- Yaletown Venture Partners Inc.
- York Entrepreneurship Development Institute (YEDI) VC Fund
Angel investor groups
You must get one or more investors connected to these groups to agree to invest a minimum of $75,000:
- Canadian International Angel Investors
- Ekagrata Inc.
- Golden Triangle Angel Network
- Keiretsu Forum Canada
- Oak Mason Investments Inc.
- Southeastern Ontario Angel Network
- TenX Angel Investors Inc.
- VANTEC Angel Network Inc.
- York Angel Investors Inc.
Business incubators
You must be accepted into one of these programs:
- Alacrity Foundation
- Alberta Agriculture and Forestry
- Agrivalue Processing Business Incubator
- Food Processing Development Centre
- Biomedical Commercialization Canada Inc. (operating as Manitoba Technology Accelerator)
- Brilliant Catalyst
- Creative Destruction Lab
- Empowered Startups Ltd.
- Extreme Innovations
- Genesis Centre
- Highline BETA Inc.
- Innovacorp
- Innovation Cluster – Peterborough and the Kawarthas
- Innovation Factory
- Interactive Niagara Media Cluster o/a Innovate Niagara
- Invest Ottawa
- Knowledge Park o/a Planet Hatch
- LatAm Startups
- Launch Academy – Vancouver
- LaunchPad PEI Inc.
- Millworks Centre for Entrepreneurship
- NEXT Canada
- North Forge East Ltd.
- North Forge Technology Exchange
- Pacific Technology Ventures
- Platform Calgary
- Pycap Inc (o/a Pycap Venture Partners)
- Real Investment Fund III L.P. o/a FounderFuel
- Ryerson Futures Inc.
- Spark Commercialization and Innovation Centre
- Spring Activator
- The DMZ at Ryerson University
- Toronto Business Development Centre (TBDC)
- TSRV Canada Inc. (operating as Techstars Canada)
- University of Toronto Entrepreneurship Hatchery
- VIATEC
- Waterloo Accelerator Centre
- York Entrepreneurship Development Institute
Bring enough money to settle
The Government of Canada does not give financial support to new start-up visa immigrants.
When you apply, you’ll need to give proof that you have the money to support yourself and your dependents after you arrive in Canada.
The amount you need depends on the size of your family. We update these amounts every year.
| Number of family members | Funds required (in Canadian dollars) |
|---|---|
| 1 | $13,213 |
| 2 | $16,449 |
| 3 | $20,222 |
| 4 | $24,553 |
| 5 | $27,847 |
| 6 | $31,407 |
| 7 | $34,967 |
| For each additional family member | $3,560 |
How It Works
We Offer Assistance For:
Express Entry & PNP programs
Student visas
Business visas
Family & Visitor
Get Your Free Consultation
Contact Us at 9915514014,7626815015,7717309500,7717309494
Email us at info@canaccessimmigration.com
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Why Choose Us?
WE ARE THE WORLD’s LARGEST IMMIGRATION GROUP PROVIDING CUSTOMIZED SOLUTIONS TO : Professionals & Skilled Workers Business Persons Farmers Self – employed Individuals Students.
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