Dr jay Feldman: The start-up visa program in Canada allows businesspeople from all over the world to find unsurpassed business opportunities in Canada, which may also lead to permanent residence. This SUV programmed can be availed by any person as long as they fulfill the eligibility criteria and receive support for their business from a designated organization. Since Canada is an economically prosperous country, the SUV program attracts numerous candidates who wish to change their lives for the better.
This article will cover the necessary requirements and details regarding the start-up visa for Canada, so that any entrepreneur or business owner reading this can equip themselves with the know-how of the SUV program.
Eligibility Criteria
Canada’s start-up visa program is a great way for entrepreneurs to immigrate to Canada and start a new business. The program is open to anyone with a unique business idea and the ability to create jobs and drive economic growth. To be eligible for the program, you’ll need to meet the following requirements:
– Be 18 years of age or older.
– Have a qualifying business
– Have a valid passport.
– Have at least $75,000 in funding from an approved investor.
– Prove that you have a minimum of 1 year of continuous full-time work experience in the last 3 years in a managerial, professional or technical occupation.
– Score at least 6 on Canada’s language proficiency test.
– Pass Canada’s medical exam and criminal background check.
Dr jay Feldman: If you meet all of these requirements, you can apply for Canada’s start-up visa. Once your application is approved, you’ll be able to immigrate to Canada and start your new business. Canada’s start-up visa program is a great way to get your business off the ground and achieve your entrepreneurial dreams.
How To Have a Qualifying Business for the Canadian Start-up Visa?

Canadian Start-up Visa
The foremost step in attaining a Canadian start-up visa is to have a qualifying business. You need to receive support from one of the three designated organizations as given below:
- Angel Investor groups
- Business Incubators
- Venture Capital Firms
The process typically involves proving that you have a solid business proposal and model that will create job opportunities in Canada and improve the economy. You will receive a letter of support from the designated organization, which will provide you with the funding to continue your business in Canada.
Dr jay Feldman: The important part here is that your business will have to be already in operation within Canada. To make this possible, you will need to apply for a Temporary Work Permit. This programme allows you to operate your business in Canada while in the meanwhile, you can still process your application for a permanent residence.
Do You Need To Give IELTS for the Canadian Start-Up Visa?
Being able to communicate in either English or French is an essential requirement for the Canadian Start-up visa. Being a business owner requires effective communication, which is why the language proficiency test is important for anyone trying to avail the Canadian start-up visa. The relevant language proficiency tests include:
- CELPIP G-Test
- IELTS
- TEF
- TCF
You’ll have to appear for these tests at an agency approved by the Government of Canada. Approved agencies include the following:
- Paragon Testing Enterprises
- IDP Australia
- Cambridge Assessment English
- The British Council
- The Paris Chamber of Commerce and Industry
- France Education International
In order for your start-up visa application to be accepted, you will have to score at least a level 5 in the Canadian Language Benchmark for the areas of listening, speaking, writing and reading.
Do You Need Funding For the Canada Start-up Visa?
You need to have sufficient funds in order to avail the Canada start-up visa. This is because the SUV programme does not fund new immigrants for the start-up visa. The funding that a business owner requires to get their SUV application accepted depends on the number of family members that are immigrating along with the business owner. The amount of funding required changes every year.
What Are The Different Designated Organizations for the Canada Start-up Visa?
The SUV program offers a three-year, renewable work permit to applicants who can obtain financial backing from a designated organization such as an angel investor group, business incubator or venture capital firm.
Angel investor groups are organizations that invest money in start-ups in exchange for equity. Business incubators are programs that provide space, mentorship and other resources to early-stage businesses. Venture capital firms invest money in companies in exchange for an equity stake.
Each of these organizations has its own eligibility requirements, so it’s important to research each one before you apply for the Canada start-up visa program. For example, some angel investor groups only invest in businesses that are located in their city or region, while others may have sector- specific investment criteria.
Dr jay Feldman Similarly, business incubators often require start-ups to be based in their facility, and venture capital firms typically only invest in businesses that have high growth potential.
Choosing the right designated organization is critical to your success as a foreign entrepreneur in Canada. Make sure you do your research and select an organization that is a good fit for your business idea.