To apply for a start-up visa, your business idea or venture must obtain the support of one of the designated organizations listed below.
Organizations select which business proposals to evaluate. If an organization decides to review your business proposal, it will assess your business' growth potential and viability. Each organization has its own intake process and evaluation criteria.
If an organization chooses to support your business idea, they will provide you with a Letter of Support.
Designated venture capital funds
To be eligible for the start-up visa, you must secure a minimum investment of $200,000 from one or more of the following designated Canadian venture capital funds:
- BDC Venture Capital
- Blackberry Partners Fund II LP (doing business as Relay Ventures Fund II)
- Celtic House Venture Partners
- Celtic House Venture Partners Fund III LP
- Celtic House Venture Partners Fund IV LP
- DRI Capital Inc.
- Golden Opportunities Fund Inc.
- iNovia Capital Inc.
- Lumira Capital
- MaRS Cleantech Fund L.P. I.
- New Brunswick Innovation Foundation Inc.
- OMERS Ventures Management Inc.
- Pangaea Ventures Fund III, LP
- PRIVEQ Capital Funds
- PRIVEQ III Limited Partnership
- PRIVEQ IV Limited Partnership
- Quorum Group
- Advantage Growth (No.2) LP
- Ontario SME Capital Corporation
- Quorum Investment Pool Limited Partnership
- Quorum Secured Equity Trust
- Real Ventures
- Rho Canada Ventures
- Rogers Venture Partners, LLC
- Summerhill Venture Partners Management Inc.
- Tandem Expansion Management Inc.
- Vanedge Capital Limited Partnership
- Version One Ventures
- Wellington Financial LP
- Westcap Mgt. Ltd.
- Canadian Accelerator Fund Ltd.
- Yaletown Venture Partners Inc.
Designated angel investor groups
To be eligible for the start-up visa, you must secure a minimum investment of $75,000 if the investment comes from investors affiliated with one or more of the following designated Canadian angel investor groups:
Designated business incubators
To be eligible for the start-up visa, you must be accepted into one of the following designated Canadian business incubator programs:
- What do I need to do to get support from an investor organization?
- How do I show that I have the support of Canadian investors?
- What is the minimum investment that I would need to apply for a start-up visa?
- Will I have to invest my own money if I want to apply for a start-up visa?
- What happens if I receive investment support from multiple designated venture capital funds or angel investor organizations?