Start-up Visa Program
The Start-up Visa (SUV) targets immigrant entrepreneurs with the skills and potential to build businesses in Canada.
Start-Up visa program offers permanent residence (PR) in Canada to Business people with a promising business idea or innovative businesses, that can complete globally while creating employment in Canada.
The business idea must be supported by a Letter of Support or significant investment commitment from Designated organisations (Canadian incubator, angel investor group or venture capital fund). While there is no minimum committed investment expected from a Business incubator, the committed investment must be at least CA$ 75,000, if coming from angel investor, and at least CA$200,000, if coming from a venture capital fund.
Successful Applicants must meet language proficiency criteria, and have at least one year of education at a post-secondary institution.
Applicants may be able to apply for a Work permit, while their PR Applications are being finalised.
Transcend can coordinate the presentation and development of a business start-up idea of its Applicants with a Designated organisation and assist with immigration to Canada under the Start-up visa program.