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Between $75,000 and $200,000
- To apply for a start-up visa you will need an investment of between $75,000 and $200,000 from a designated organization.
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How much money do I need to start a business in Canada?
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How much does a start-up visa cost in Canada?
If the investment comes from a designated Canadian venture capital fund, you must secure a minimum investment of $200,000. If the investment comes from a designated Canadian angel investor group, you must secure a minimum investment of $75,000.
- Planning a business. Assessing your readiness, choosing a business structure, market research and writing a business plan.
- Choosing a business name. Selecting a good name, checking if a name is taken, registering and protecting your business name.
- Registering your business with the government. Registering or incorporating your business, plus how to apply for a business number or tax account.
- Applying for business permits and licences. Permits and licences that you may need for your business from all three levels of government.
- Overview
- I have a business idea
- I want to support a business
Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada (outside Quebec) that
Apply through the Start-up Visa Program
To apply for the Start-up Visa Program, you must pitch your qualifying start-up to a designated organization and get their support meet the language requirements bring enough money to settle Start your start-up visa application
Get a work permit while you wait
If you already applied for permanent residence through the Start-Up Visa Program, you might be able to work in Canada while you wait if you show that your business will provide a significant economic benefit to Canada bring enough money to settle Start your temporary work permit application
Apply to become a designated organization
To become a designated organization, you need to be a recommended member of either the Canadian Venture Capital and Private Equity Association or National Angel Capital Organization Become a designated organization
Help an entrepreneur with their start-up
As a designated organization, you can develop your own process for receiving proposals from immigrant entrepreneurs. You can also develop your own criteria to assess them. It’s up to you to find potential immigrant entrepreneurs you’d like to support. Find a start-up to support
Before you start spending money to set up your company, it’s essential to ensure your business idea has the potential to be successful. It’s a competitive world out there. Taking some time to research your idea will pay huge dividends down the road.
5 days ago · Canada’s Start-up Visa Program helps immigrant entrepreneurs to establish businesses in Canada by allowing foreign business owners and their families to apply for permanent resident status.
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To learn about your registration requirements and start the registration process, choose your planned business type: Corporation (federal or provincial/territorial) Sole proprietorship or partnership; Cooperative; Get help with business registration. If you need help figuring out the business registration process you can access support by region.
May 2, 2022 · To start a small business in Canada, you’ll need a plan, a good name, proper registration, permits and licenses, and solid financing. Written By. Hannah Logan. Starting a business can seem...
