Canada’s Start-Up Visa Program
Canada’s Start-Up Visa Program is designed to attract innovative entrepreneurs from around the world who have the potential to build dynamic businesses in Canada. This program aims to connect entrepreneurs with private sector organizations in Canada that can help them establish and grow their start-ups.
Key Features of the Start-Up Visa Program
Purpose
To support innovative entrepreneurs who can create jobs for Canadians and compete on a global scale.
Eligibility Requirements
- Qualifying Business: The business must be incorporated and operate in Canada, with essential operations being conducted in the country.
- Letter of Support: Entrepreneurs must secure a commitment from a designated organization (venture capital fund, angel investor group, or business incubator).
- Language Proficiency: Applicants must meet the minimum language requirements in English or French.
- Settlement Funds: Proof of sufficient funds to support yourself and any dependents upon arrival in Canada.
Our Services for Start-Up Visa Applicants
At Monarch Immigration Consultancy Services, we provide comprehensive support to entrepreneurs applying for Canada’s Start-Up Visa. Our services include:
Initial Consultation
- Assessment: Evaluate your business idea, background, and eligibility for the Start-Up Visa Program.
- Guidance: Provide detailed information about the program’s requirements, benefits, and application process.
Business Plan Development
- Strategic Planning: Assist in developing a robust business plan that meets the criteria of the Start-Up Visa Program and showcases the viability and potential of your business.
- Documentation: Help prepare all necessary documentation to support your business plan and visa application.
Securing a Letter of Support
- Connections with Designated Organizations: Facilitate introductions to designated organizations such as venture capital funds, angel investor groups, and business incubators.
- Proposal Preparation: Assist in preparing and presenting a compelling business proposal to secure a letter of support from a designated organization.
Application Preparation and Submission
- Forms and Documents: Guide you through completing the application forms and gathering all required documents.
- Review: Thoroughly review your application to ensure accuracy and completeness.
- Submission: Assist in submitting your application to Immigration, Refugees and Citizenship Canada (IRCC).
Follow-Up and Communication
- Status Updates: Keep you informed about the status of your application and any additional requirements or updates from immigration authorities.
- Representation: Act on your behalf in communications with immigration authorities to address any queries or issues that may arise.
Post-Approval Support
- Settlement Services: Offer guidance on settling in Canada, including information on business registration, tax requirements, and local resources for entrepreneurs.
- Networking: Help you connect with local business networks and resources to support your business growth in Canada.