Canada revamps Startup Visa to attract more Startup Founders

Canada revamps Startup Visa to attract more Startup Founders

✅ Canada ranked as No. 1 destination for start-up founders in a 2023 by the Organization for Economic Co-operation and Development based on access to capital, qualified workforce, corporate tax rates, universities, quality of life and immigration policies.

✅ One-third of business owners in Canada with paid staff are immigrants

✅ Since the inception of Startup Visa program in 2013, around 900 applicants have become permanent residents through this category notable for launching over 300 start-ups in Canada

✅ Government to launch reforms and measures to tackle backlogs, reduce processing time, and emphasize potential business ideas.

✅ Canada will focus on promising business proposals by limiting the applications by designated business incubators, venture capital firms and angel investor groups.

✅ Priority processing will be granted to those start-up applicants supported by Canadian venture capital or business incubator (Member of Canada’s Tech Network)

For more information you can contact us at 8595338595 or [email protected].

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