Are you a budding entrepreneur with a business idea or someone looking to expand your business globally? The Canada Start-up Visa Program may help you achieve your goals while providing a pathway to Canada PR.
The Canada Start-up Visa is designed to attract talented entrepreneurs worldwide—including India—to start innovative and competitive businesses in Canada. Unlike traditional immigration programs, this program works through a partnership model connecting entrepreneurs with Canadian investors, accelerators, and incubators. This approach provides access to capital, resources, and a supportive ecosystem while benefiting Canadian businesses and the economy.
Top 6 Benefits of the Canada Start-up Visa Program
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Strong startup ecosystem: Canada hosts a vibrant community of startups, incubators, universities, and research institutions. The Start-up Visa connects entrepreneurs directly to this ecosystem, offering networking and funding opportunities.
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Fast-track permanent residency: The program provides a path to Canada PR for entrepreneurs and their families. Successful applicants receive a work permit and can apply for permanent residency after meeting certain criteria.
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Diverse and inclusive culture: Canada is known for its welcoming and inclusive environment. The Start-up Visa is open to entrepreneurs worldwide, providing Indian entrepreneurs access to a stable economy and thriving startup ecosystem.
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Global market access: Canada’s location and trade relationships provide entrepreneurs easy access to markets in North America, Europe, and Asia, ideal for global expansion.
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Multiple applicants for one business: Up to five people can apply as owners of a single business if they meet program criteria.
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No age or higher education requirements: There is no age restriction, minimum net worth, or higher education requirement.
Requirements of the Canada Start-Up Visa Program
Entrepreneurs must propose a scalable and innovative start-up business approved by a designated organization.
Options include:
- Business incubation: no minimum investment required
- Venture capital fund: raise CAD 200,000 from a designated fund
- Angel investment: raise CAD 75,000 from a designated angel group
Additional requirements:
- English or French language proficiency at CLB/IELTS 5
- No criminal record
- Good health
Overall, the program provides Indian entrepreneurs access to a thriving startup ecosystem, support resources, and a fast-track route to Canada PR and a high quality of life.
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FAQs
- What is the process for the Canada Start-up Visa Program?
- Secure a commitment from a designated organization (Letter of Support)
- Submit application with personal info, business plan, and documents
- Processing: may include additional info requests or interview
- Approval: receive letter of introduction to apply for work permit and start business in Canada
- Can we get Canada PR through the Start-up Visa Program?
- Yes. Meeting program criteria allows entrepreneurs to obtain Canada PR.
- How long does a Canada Start-up Visa take?
- Processing is typically 12–16 months, sometimes up to 33 months including biometrics.
- How are Canada PR points calculated?
- CRS points: Age (up to 110), Education (up to 150), Language proficiency (up to 136), Work experience (up to 80), Spouse/partner factors (up to 40), Additional factors like PNP nomination, job offer, etc. Maximum CRS score: 1,200.
- Are the requirements for Canada PR and the Start-up Visa the same?
- No. Both lead to permanent residency but have different requirements. The Start-up Visa is a fast-track route via designated organization support.
