The Start-Up Visa program grants Permanent Residency to immigrant entrepreneurs while assisting them to become established in Canada. Successful applicants link with private sector organizations in Canada, where they can receive funding, guidance and expertise in opening and operating their enterprise in Canada. The purpose of this program is to recruit innovative foreign national entrepreneurs who will create new jobs and drive economic growth.
Canada’s new Start-Up Visa is the first of its kind in the world, linking immigrant entrepreneurs with experienced private sector organizations that have expertise in working with start-ups. Canada wants entrepreneurs. Unlike programs in other countries, successful applicants to this program will be able to immediately apply for permanent residence if they secure a commitment from a designated Canadian private sector organization. No more than five foreign nationals may apply for permanent residence as part of the same business venture under the Start-Up Business Class.