The Canadian venture capital fund, angel investor group or business incubator must be one that is designated by the Canadian government to participate in the Entrepreneur Startup Visa program. So it is crucial to convince one of these designated groups or funds that your business idea is worth investing in. The catch is that different groups or funds have different application processes for doing this.
In conclusion, to be eligible for the Start-up Visa Program, you must:
- have a qualifying business
- get a letter of support from a designated organization
- meet the language requirements
- bring enough money to settle