Canada Start-up Visa Program Contact Us Now! Canada Start-up Visa Program Contact Us Now!
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Start-Up Visa Category

The Canada Start-up Visa (“SUV”) Program offers Applicant and their families the opportunity to obtain permanent residence status upon developing a qualifying innovation business in Canada with support from a DESIGNATED entity.

ELIGIBILITY

An applicant is a member of the start-up business class if

  • they have obtained a commitment from one of the following :
    • a designated BUSINESS INCUBATOR confirming that the applicant's business is currently participating in or has been accepted into its business incubator program, or
    • a designated ANGEL INVESTOR group confirming that it is investing at least $75,000 in the applicant's business or
    • a designated VENTURE CAPITAL fund confirming that it is investing at least $200,000 in the applicant's business,;
  • they have attained a level of proficiency of at least benchmark level 5 in English or French.
  • they have, in the form of transferable and available funds, unencumbered by debts or other obligations, an amount
    Number of Family Members Funds Required in Canadian Dollars
    1 $13213
    2 $16449
    3 $20222
    4 $24553
    5 $27847
    6 $31407
  • their business is a qualifying business (Universal Immigration will fully assist you in this process)

Improper purpose

An applicant is not to be considered a member of the start-up business class if they intend to participate, or have participated, in an agreement or arrangement in respect of the commitment primarily for the purpose of acquiring a status or privilege under the Act and not for the purpose of engaging in the business activity for which the commitment was intended.

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Canada Start up visa approvals as of October 2020

Data source: COGNOS (MBR) extracted as of December 29, 2020



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Major Reasons on why a Start up Visa is refused

Under the Act/Regulation Number of Cases Description of Act
MI SUD-2(5) 28 Improper Purpose under Ministerial Instructions
MI SUD-6(3)(g) 4 Multiple Applicant under same commitment
MI SUD-6(4)(g) 1 Improper Commitment from Designated Organisation
MI SUD-7(1)(b) 6 Not Qualifying Business
MI SUD-9(2) 9 Designated Organisation did not make proper assessment
R89 12 Improper Fees
R98(1) 73 Not Falling under Regulation
Data source: COGNOS (MBR) extracted as of December 29, 2020


At Universal Immigration we make the difference by adopting due diligence and make sure that your applications are not refused for reasons quoted above.

From Start to End, we shall make sure the Start up Visa program integrity is maintained and the clients are provided with adequate information and guidance to make it a success.

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21-Week Steps to achieve the go

Week 1-6 of 21  Cohort Start weekly webinars and Meetings

Why this step is required ?

Applicants attend webinars to refine and perfect their start-up pitch, product demo, business plan and learn more about the start-up ecosystem in Canada.

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Role of Universal Immigration