What is making you hesitant to participate in the Start-Up visa program?

Why does Canada encourage the Start-Up Visa program?

Canada encourages startup visas because it recognizes the benefits that startups and innovative businesses can bring to the economy, such as job creation, economic growth, and increased competitiveness.

By attracting talented entrepreneurs from around the world, Canada can foster a strong and dynamic startup ecosystem, fostering innovation and contributing to the country's prosperity.

Furthermore, the startup visa helps Canada compete globally for the best and smartest entrepreneurs, and can strengthen the country's position as a preferred destination for innovation and investment.

What is making you hesitant to participate in the Start-Up Visa program?

Through numerous consultations with clients, we've identified the following as their most common concerns. However, KeyApply will help you overcome those concerns:

1. Concerns about not knowing the business.
   Those wishing to apply for a Start-Up Visa must possess relevant knowledge and demonstrate that their involvement in the innovative business idea is justified. This business idea must demonstrate its potential for success in Canada. Based on your experience and education, KeyApply will assist in refining your business plan, financial plan, relevant technical documents, and provide training to help you become an essential contributor to your upcoming business.
2. A letter of support from a designated entity (Angel, Incubator, or Venture Capital).
   To be approved for a Start-Up Visa, applicants must have a Letter of Support from one or more designated organizations in Canada. The speed of obtaining this letter depends on the project and the project evaluation process. KeyApply is a leader in speeding up the processing of these letters of support, as we have a team of experienced Start-Up Visa experts, ensuring the fastest and most detailed application preparation. KeyApply currently takes only 2-6 months to obtain a Letter of Support, depending on the project size and team members.
3. Government review process: The Start-Up Visa application process can take time and requires complete documentation.
   KeyApply provides complete project documentation and expert assessment at the highest professional level, conducted by carefully selected business and technical experts. Additionally, you can choose to apply for a Work Permit along with your PR application to settle in Canada sooner, instead of waiting for the PR decision. Work permits are typically issued within 2 to 6 months of application.
4. Financial constraints: Does the Start-Up Visa have financial requirements? And do applicants have to demonstrate that they have the financial resources to operate and grow their business?
   The Canada Start-Up Visa is the only entrepreneur program where you don't have to prove your financial resources. You only need to demonstrate that you have a minimum amount of money needed for the initial operation of your business. However, the program doesn't require you to spend all of that money. The Start-Up Visa requires you to have the ability to raise funds during the development process. And that ability is demonstrated in the Letter of Support that KeyApply obtains for you.
5. Limited English or French language skills.
   The Start-Up Visa requires applicants to have a level of English or French proficiency at CLB 5, and failure to meet this requirement will result in rejection. However, because the Start-Up Visa does not use a points system, the language requirement is currently quite easy to meet. You don't need more points than required; just enough is sufficient.

Where can I schedule a consultation for a Canada Start-Up Visa?

KeyApply is a consulting firm with many years of experience, a 100% success rate, a professional support team, and always answers all customer questions promptly and thoughtfully.

Please schedule a consultation HERE