Who is eligible for the Start-Up Visa Program?

Eligibility for the Start-Up Visa Program requires: A qualifying business idea supported by a designated Canadian venture capital fund, angel investor group, or business incubator. A commitment from one of these designated organizations to support and invest in the business. Sufficient proficiency in English or French. The ability to support oneself and any dependents.

How do I apply for the Start-Up Visa Program?

The application process involves several steps: Secure a commitment from a designated organization in Canada to support your business idea. Complete the application forms accurately and submit the required documents. Meet health and security requirements.

Is there a starting capital need to be eligible for the Start-Up Visa Programme?

The government hasn't established a minimum investment requirement. Nonetheless, candidates need to obtain an endorsement from an approved Canadian institution, usually entailing a monetary contribution or backing for the enterprise concept.

Is it possible for my family to travel with me on a Start-Up Visa?

Indeed, individuals who are granted permanent residency under the Start-Up Visa Programme may include their dependent children and immediate family members, such as spouses or common-law partners, in their application.

What advantages does the Start-Up Visa Programme offer?

Through the programme, one can access Canadian markets and resources, establish and grow a business in a supportive atmosphere, and possibly even become a permanent resident of Canada.

How much time does it take to review an application for a start-up visa?

Applications for Start-Up Visas might take a variety of dates to process, but usually several months. A few examples of the variables that may impact the time include the number of applications received and the thoroughness of the application.

Startup Visa Case Study: Harpreet’s AgriTech Innovation

Harpreet Singh, an entrepreneur from Punjab, India, started his journey with a dream to bring new technology solutions to agriculture. His AgriTech startup journey, helped by ELAAR Immigration, shows how the Startup Visa (SUV) program can support various industries.

Harpreet’s journey began in August 2021 when he got a Letter of Support from a recognized organization. This was his first step towards his dream of living in Canada. With ELAAR’s expert guidance, Harpreet confidently navigated the SUV application process.

In October 2021, Harpreet applied for Permanent Residency (PR) in Canada with ELAAR’s help. ELAAR’s careful approach ensured his application highlighted his innovative ideas and potential impact on Canada’s agriculture sector.

While waiting for his PR approval, ELAAR helped Harpreet and his three co-founders get work permits in 12 weeks. This allowed them to move to Canada and start their AgriTech startup. His wife also got a work permit, and their children got study permits, helping the whole family move to Canada smoothly.

In 2021 and 2022, Harpreet’s AgriTech startup grew. ELAAR helped Harpreet connect with business incubators and accelerators, giving him access to essential resources and expertise. His startup was accepted by two accelerators and was in the early stages with another. They were still waiting to hear from three others and had been turned down by two.

In February 2023, the IRCC asked for a business progress report. With ELAAR’s strategic guidance, Harpreet was well-prepared, showing significant achievements and reaffirming his commitment to Canada’s entrepreneurial ecosystem.

By December 2023, Harpreet and his family got their PR visas, confirming their place in Canada. As we move into 2024, Harpreet’s AgriTech startup is ready to contribute to Canada’s agriculture sector. With ongoing support from ELAAR, Harpreet is using his expertise to drive innovation and support Canada’s economic growth. Harpreet’s story shows how the SUV program can change lives and highlights the vital role of expert immigration advice in achieving entrepreneurial success in Canada.