Start Up Visa Program

Program Start Up Visa
Net Worth Investments Designated Canadian venture capital fund: Minimum investment must be $200,000

If the investment is coming from an angel group: Minimum investment is $75,000

Support from multiple designated organizations, or syndication: Minimum investment is $200,000

If the business received support from at least one designated angel group, but not a designated venture capital groups then the minimum investment is $75,000
Education and Language requirements The applicant must meet the minimum of at least CLB 5 in each abilities
  • Reading
  • Writing
  • Listening
  • Speaking
Procedure to start up a business Have a qualifying business
A qualifying business means you created a business that meets all of the following criteria: At the time you get a commitment from a designated organization
  • Each applicant holds 10% or more of the voting rights attached to all shares of the corporation outstanding at the time (up to 5 people can apply as owners)
    AND
  • Applicants and the designated organization jointly hold more than 50% of the total voting rights attached to all shares of the corporation outstanding at the time
Prove your business is supported by a designated organization. You must have the support of a designated organization. These are business groups that have been approved to invest in or support possible start ups. If you designated organization decides to support your business, they will give you a letter of support, you must include this letter in your application package.