The Startup Visa (often referred to as SUV) Program is designed for talented, innovative foreign entrepreneurs wanting to launch their new venture in Canada while gaining Permanent Residency in exchange for increasing Canadian economic potential on a world stage.
In 2013, the Canadian government created the Startup Visa program to compete for innovative talent worldwide. Globally, Canada's Start-Up Visa Program program is one of the best, with minimum requirements for each individual, extremely flexible team acceptance, and one of the fastest ways to immigrate to Canada for foreign entrepreneurs, business associates and families.
Since it can be difficult for immigrant entrepreneurs to establish their business in a foreign market, especially in Canada, where competition is always high, having a good business mentor who will provide business knowledge and guide them through all business components of the immigration process is a must.
The Inwest team provides the support and framework to help foreign entrepreneurs to open a business in the Canadian market and qualify for the SUV Program requirements. We ensure that all documents include necessary information, highlight business concept and maximize startups' chances in the Canadian market.
Analysis of the initial business proposal from its innovative perspective, adaptation to all SUV terms and regulatory conditions.
Preparation of the SUV Certification package to be transferred to IRCC and to the Applicant’s Legal Representative to be equipped for the Permanent Residency (PR) and Work Permit process.
Preparation and presentation of the SUV project to the Federally approved Designated Organization’s investment panel for approval with all the SUV requirements to be met in proper format and according to legal terms.
Established relationships with the designated organizations.
The Startup Visa stream is the most direct and fastest of the current Canadian business immigration pathways to permanent residence for suitable candidates.
To qualify for the Startup Visa Program, applicants must meet basic eligibility requirements, as well as the admissibility requirements to enter Canada.
1. Have a qualifying business – A “qualifying business” means applicants created a business in Canada that meets the following conditions.
2. Have a letter of support from a Designated Organization
3. Meet the language requirements
4. Have enough money to settle and live in Canada before you make money from your business
Reach out to our investors and startup mentors to find out if your innovative business idea qualifies.
InWest Ventures helps dozens of foreign entrepreneurs each year develop their Canadian Startup Visa idea.