Bandvidth

STARTUP VISA

About Canada Start Up Visa Program

The Canada Start-up Visa Program aims to attract foreign entrepreneurs who possess the ability and potential to establish innovative business in Canada, generate employment opportunities for Canadians, and compete in the global market.

Our two-pronged approach

1. Entrepreneurs can come up with an innovative business idea and we will develop it into a successful concept through our team of venture analysts, market researchers, financial advisors and data scientists.

2. Alternatively, we can also provide a business concept and develop it in conjunction with our clients by matching it with their business background and entrepreneurial interests. Both of the approaches lead to securing support from one of the designated organizations and path to permanent residency in the most efficient manner.

Key Features of This Program

Eligibility Criteria

Qualifying business idea (provided by client or our venture concept)

Commitment from a designated Canadian venture capital fund, angel investor group, or business incubator.

Letter of Support

Applicants must receive a commitment from one of these designated organizations to invest in or support their startup business idea.

Language Proficiency

Applicants must obtain minimum CLB 5 in IELTS.

Permanent Residency

Successful applicants and their families are granted permanent residency status in Canada, allowing them to live, work, and study anywhere in the country.

Why Canada Start up Visa Program?

The most flexible immigration program in terms of where you can live (i.e. you can settle anywhere in Canada).

Lowest Investment required for start up program as compared to US,UK,Australia and New Zealand.

It is the only Canadian business immigration path that doesn’t require any previous management experience and no business performance requirements.

It offers the lowest language proficiency requirements (CLB / IELTS Level 5+).

Why choose Canada?

Canada actively seeks entrepreneurs who can contribute to the country’s economic growth and innovation ecosystem.
Canada offers a conducive environment for entrepreneurs due to several factors:

Supportive Ecosystem:

Canada has a vibrant startup ecosystem which includes startup incubators, accelerators, co-working spaces, and entrepreneurship programs offered by universities and government agencies.

Skilled Workforce:

Canada boasts a highly educated and skilled workforce.

Strategic Location:

Canada's proximity to the United States, one of the world's largest markets, provides entrepreneurs with access to a vast customer base and potential business opportunities. Additionally, Canada's trade agreements and partnerships with other countries facilitate international business expansion.

Diversity and Inclusion:

Canada is known for its cultural diversity and inclusiveness. This diversity fosters creativity, innovation, and cross-cultural collaboration, which are beneficial for entrepreneurs seeking to tap into global markets and perspectives.

Access to Funding:

There are various funding options available for entrepreneurs in Canada. This includes government grants and loans, venture capital funding, angel investors, and crowdfunding platforms.

Stable Economy and Business Environment:

Canada has a stable and diversified economy, which provides a favorable business environment for entrepreneurs. The country is known for its strong rule of law, transparent regulatory framework, and low corruption levels, which instill confidence among investors and entrepreneurs alike.

Quality of Life:

Canada offers a high quality of life, with factors such as universal healthcare, affordable education, safe communities, and a clean environment. This makes Canada an attractive destination for entrepreneurs looking to build a successful business while enjoying a balanced lifestyle.

    • 1. Purpose

      Start Up Visa Attract immigrant entrepreneurs with innovative business ideas to establish startups in Canada. Work Permit Facilitate temporary work in Canada by filling specific labour shortages or catering to specific employer needs. Express Entry Attract skilled workers for permanent residency based on their education, work experience, language proficiency, and other factors.
    • 2. Eligibility

      Start Up Visa Have a qualifying business idea. Secure a commitment from a designated Canadian venture capital fund, angel investor group, or business incubator. Work Permit Obtain ajob offer from a Canadian employer whohas obtained a positive Labor Market Impact Assessment (LMIA) or qualify under other work permit streams. Meet specific eligibility criteria based on the type of work permit. Express Entry Meet eligibility requirements for one of the three federal economic immigration programs: Federal Skilled Worker Program (FSWP),Federal Skilled Trades Program(FSTP), or Canadian Experience Class (CEC).
    • 3. Path to Permanent Residency

      Start Up VisaDirect pathway to permanent residency for successful applicants and their families.Work PermitSome work permit streams may offer a pathway to permanent residency through programs like the Canadian Experience Class or Provincial Nominee Programs.Express EntryPermanent residency is the ultimate goal, achieved through the Express Entry system after meeting eligibility criteria and receiving an ITA.
    • 4. Language

      Start Up Visa Minimum 5 CLB Work Permit Minimum 6 CLB (unless ex-empted) Express Entry Minimum 6 CLB
    • 5. CRS Points

      Start Up Visa No points needed for Permanent Residency Work Permit Minimum CRS score is needed after 1 year full time work experience in Canada. Express Entry Minimum CRS score needed to receive Invitation to Apply -Currently over 500 points.
    • 6. Age

      Start Up Visa No age barrier Work Permit CRS Points decrease with age and become zero after 45 years. Express Entry CRS Points decrease with age and become zero after 45 years.
    • 7. Investment

      Start Up Visa Starting from 80,000 CAD Work Permit No investment Express Entry No investment
    • 8. Job

      Start Up Visa No job offer needed Work Permit Job offer needed Express Entry No job offer needed but very tough to gather enough points with out a job offer.
    • 9. Chances of getting PR

      Start Up Visa Certain chances of PR Work Permit Very less chances as de- pendent on LMIA and CRS points. Express Entry Very Iess dependent points. chances as on LMIA and CRS
    • Start Up Visa

      Attract immigrant entrepreneurs with innovative business ideas to establish startups in Canada.

      Work Permit

      Facilitate temporary work in Canada by filling specific labour shortages or catering to specific employer needs.

      Express Entry

      Attract skilled workers for permanent residency based on their education, work experience, language proficiency, and other factors.
    • Start Up Visa

      Have a qualifying business idea. Secure a commitment from a designated Canadian venture capital fund, angel investor group, or business incubator.

      Work Permit

      Obtain ajob offer from a Canadian employer whohas obtained a positive Labor Market Impact Assessment (LMIA) or qualify under other work permit streams. Meet specific eligibility criteria based on the type of work permit.

      Express Entry

      Meet eligibility requirements for one of the three federal economic immigration programs: Federal Skilled Worker Program (FSWP),Federal Skilled Trades Program(FSTP), or Canadian Experience Class (CEC).
    • Start Up Visa

      Direct pathway to permanent residency for successful applicants and their families.

      Work Permit

      Some work permit streams may offer a pathway to permanent residency through programs like the Canadian Experience Class or Provincial Nominee Programs.

      Express Entry

      Permanent residency is the ultimate goal, achieved through the Express Entry system after meeting eligibility criteria and receiving an ITA.

    • Start Up Visa

      Minimum 5 CLB

      Work Permit

      Minimum 6 CLB (unless ex-empted)

      Express Entry

      Minimum 6 CLB
    • Start Up Visa

      No points needed for Permanent Residency

      Work Permit

      Minimum CRS score is needed after 1 year full time work experience in Canada.

      Express Entry

      Minimum CRS score needed to receive Invitation to Apply -Currently over 500 points.
    • Start Up Visa

      No age barrier

      Work Permit

      CRS Points decrease with age and become zero after 45 years.

      Express Entry

      CRS Points decrease with age and become zero after 45 years.
    • Start Up Visa

      Starting from 80,000 CAD

      Work Permit

      No investment

      Express Entry

      No investment
    • Start Up Visa

      No job offer needed

      Work Permit

      Job offer needed

      Express Entry

      No job offer needed but very tough to gather enough points with out a job offer.
    • Start Up Visa

      Certain chances of PR

      Work Permit

      Very less chances as de- pendent on LMIA and CRS points.

      Express Entry

      Very Iess dependent points. chances as on LMIA and CRS
    • 1. Canada

      Investment Minimum investment required of 80,000 CAD. Benefits Permanent Residency for the applicant and their family, up to 5 applicants access to Canada’s strong startup ecosystem and Governments support programs.
    • 2. USA

      Investment Minimum investment of 800,000 USD to S1 million depending on region. Benefits Conditional Permanent Residency for the investor and their family.
    • 3. UK

      Investment Minimum investment of 2 million pounds in a UK business. Benefits Initial visa for 3 years and 4 months, possible extension and pathway to settlement.
    • 4. Australia

      Investment Minimum investment of AUD 2.5 million in Australian business. Benefits Permanent Residency for the investor and their family.
    • 5. New Zealand

      Investment Minimum in- vestment of NZD 5 million over 4 years. Benefits Permanent Residency for the investor and their family.
    • Investment

      Minimum investment required of 80,000 CAD.

      Benefits

      Permanent Residency for the applicant and their family, up to 5 applicants access to Canada’s strong startup ecosystem and Governments support programs.
    • Investment

      Minimum investment of 800,000 USD to S1 million depending on region.

      Benefits

      Conditional Permanent Residency for the investor and their family.
    • Investment

      Minimum investment of 2 million pounds in a UK business.

      Benefits

      Initial visa for 3 years and 4 months, possible extension and pathway to settlement.
    • Investment

      Minimum investment of AUD 2.5 million in Australian business.

      Benefits

      Permanent Residency for the investor and their family.
    • Investment

      Minimum in- vestment of NZD 5 million over 4 years.

      Benefits

      Permanent Residency for the investor and their family.

Start up Visa Programs VS Other Similar Programs of Canada​

Start Up Visa

Attract immigrant entrepreneurs with innovative business ideas to establish startups in Canada.

Work Permit

Facilitate temporary work in Canada by filling specific labour shortages or catering to specific employer needs.

Express Entry

Attract skilled workers for permanent residency based on their education, work experience, language proficiency, and other factors.

Start Up Visa

Have a qualifying business idea. Secure a commitment from a designated Canadian venture capital fund, angel investor group, or business incubator.

Work Permit

Obtain ajob offer from a Canadian employer whohas obtained a positive Labor Market Impact Assessment (LMIA) or qualify under other work permit streams. Meet specific eligibility criteria based on the type of work permit.

Express Entry

Meet eligibility requirements for one of the three federal economic immigration programs: Federal Skilled Worker Program (FSWP),Federal Skilled Trades Program(FSTP), or Canadian Experience Class (CEC).

About Entrepreneur

Entrepreneurship is the dynamic process of creating, launching, and managing a business venture with the goal of making a profit and generating value. It’s not just about starting a business; it’s about identifying opportunities, taking calculated risks, and innovating to solve problems or fulfill unmet needs in the market. We at Bandvidth, shape the future of aspiring entrepreneurs by helping them start a business and fostering a conducive environment for growth.

Start Up Visa

Minimum 5 CLB

Work Permit

Minimum 6 CLB (unless ex-empted)

Express Entry

Minimum 6 CLB

Start Up Visa

No points needed for Permanent Residency

Work Permit

Minimum CRS score is needed after 1 year full time work experience in Canada.

Express Entry

Minimum CRS score needed to receive Invitation to Apply -Currently over 500 points.

Start Up Visa

No age barrier

Work Permit

CRS Points decrease with age and become zero after 45 years.

Express Entry

CRS Points decrease with age and become zero after 45 years.

Start Up Visa

Starting from 80,000 CAD

Work Permit

No investment

Express Entry

No investment

Start Up Visa

No job offer needed

Work Permit

Job offer needed

Express Entry

No job offer needed but very tough to gather enough points with out a job offer.

Start Up Visa

Certain chances of PR

Work Permit

Very less chances as de- pendent on LMIA and CRS points.

Express Entry

Very Iess dependent points. chances as on LMIA and CRS

Comparison of Investor program of different countries

Investment

Minimum investment required of 80,000 CAD.

Benefits

Permanent Residency for the applicant and their family, up to 5 applicants access to Canada’s strong startup ecosystem and Governments support programs.

Investment

Minimum investment of 800,000 USD to S1 million depending on region.

Benefits

Conditional Permanent Residency for the investor and their family.

Investment

Minimum investment of 2 million pounds in a UK business.

Benefits

Initial visa for 3 years and 4 months, possible extension and pathway to settlement.

Investment

Minimum investment of AUD 2.5 million in Australian business.

Benefits

Permanent Residency for the investor and their family.

Investment

Minimum in- vestment of NZD 5 million over 4 years.

Benefits

Permanent Residency for the investor and their family.
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