Designated organizations for support letters to apply for the Canada start up visa
To apply for the Start-up Visa Program, your business idea or venture must get the support of one or more of the designated organizations listed below:
Venture capital funds
Angel investor groups
Designated organizations are business groups that are approved to invest in or support possible start-ups through the Start-up Visa Program.
Organizations choose which business proposals to review. Each organization has its own intake process for proposals and criteria used to assess them. For example, you may be asked to present your business concept in person or submit a detailed business plan.
If an organization decides to review your business idea, it’ll assess the potential of your proposal and whether or not it’ll succeed.
If an organization chooses to support your business idea, it’ll give you a Letter of Support.
Venture capital funds
You must get at least one of these groups to agree to invest a minimum of $200,000:
7 Gate Ventures
BDC Venture Capital
Celtic House Venture Partners
Extreme Venture Partners LLP
Golden Venture Partners Fund, LP
Innovation Platform Capital International LP
iNovia Capital Inc.
Nova Scotia Innovation Corporation (o/a Innovacorp)
OMERS Ventures Management Inc.
Pangaea Ventures Ltd.
PRIVEQ Capital Funds
ScaleUp Venture Partners, Inc.
Top Renergy Inc.
Vanedge Capital Limited Partnership
Version One Ventures
Westcap Management Ltd.
Yaletown Venture Partners Inc.
York Entrepreneurship Development Institute (YEDI) VC Fund
Angel investor groups
You must get one or more investors connected to these groups to agree to invest a minimum of $75,000:
Canadian International Angel Investors
Golden Triangle Angel Network
Keiretsu Forum Canada
Oak Mason Investments Inc.
Southeastern Ontario Angel Network
TenX Angel Investors Inc.
VANTEC Angel Network Inc.
York Angel Investors Inc.
You must be accepted into one of these programs:
Alberta Agriculture and Forestry
Agrivalue Processing Business Incubator
Food Processing Development Centre
Biomedical Commercialization Canada Inc. (operating as Manitoba Technology Accelerator)
Creative Destruction Lab
Empowered Startups Ltd.
Highline BETA Inc.
Interactive Niagara Media Cluster o/a Innovate Niagara
Knowledge Park o/a Planet Hatch
Launch Academy - Vancouver
LaunchPad PEI Inc.
Millworks Centre for Entrepreneurship
North Forge Technology Exchange
Real Investment Fund III L.P. o/a FounderFuel
Ryerson Futures Inc.
Spark Commercialization and Innovation Centre
The DMZ at Ryerson University
Toronto Business Development Centre (TBDC)
TSRV Canada Inc. (operating as Techstars Canada)
Waterloo Accelerator Centre
York Entrepreneurship Development Institute
What we do
ʘ Help identify and match you with both the most ideal and the most likely designated sponsor organization to obtain your Commitment Certificate and Letter of Support
ʘ Assist in developing or polishing your application and business proposal to the Canadian startup standard and which could earn you the required endorsement
ʘ Guide you in selecting a designated sponsor organization most likely to offer a either a $250,000 investment, $75,000 equity contribution or business training support
ʘ Assist in registering your company and getting the necessary business permits even before you arrive in Canada
ʘ Guide you in applying for permanent residency without any need for you to hire an immigration lawyer or consultant
ʘ Support you and provide guidance all through the way until you obtain your PR
ʘ Provide guidance and assist you in settling in upon landing in Canada
STARTUP VISA EXPERTS
Although this program offers a tremendous opportunity, the application process can be tricky and may require a business startup expert consultant. The last thing you want is have your application turned down due to a flawed and non-compliant business plan and application package.
To discuss your Canada Startup Visa options and eligibility requirements, please contact our startup experts on 1-778-955-7794.
Book a professional consultation with one of our startup experts so that we can assess your case and advise you accordingly.
Our highly experienced team of experts will assist in preparing and submitting your application to achieve the best possible outcome.
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