Start Up Visa Program to Canada
The Start-Up Visa (SUV) Program to Canada connects Canadian business organizations with immigrant entrepreneurs who have the skills and potential to build information technology and innovative businesses in Canada.
The program encourages immigrant entrepreneurs to grow their companies in Canada and give them the support they need (including funding) to build businesses that can compete on a global scale and provide jobs for Canadians. Successful applicants link with private sector organizations in Canada, where they can achieve funding, guidance and expertise in launching their Start-Up business in Canada.
In order to qualify the Start-Up business must meet the following criteria:
- The Start-Up business must own a technology.
- The technology enables a new or unique solution to a particular problem.
- The technology will provide value to potential customers well beyond the cost of the technology.
- The market for purchasing the technology is significant.
- There is a viable strategy for protecting the IP associated with the technology.
*As of 2023 OECD has ranked Canada as the #1 destination for start up founders as a result of Canada’s strong technology talent, government resources and various capital funding that are available.