GOVERNMENT REQUIREMENTS
Canada Start-Up Visa Program
Venture Capital Channel Requirements
This executive guide outlines the full eligibility requirements, investment criteria, and strategic preparation needed to pursue Canadian permanent residence through the Venture Capital stream of the Start-Up Visa (SUV) Program.
Core Eligibility Requirements
- Innovative, scalable business idea
- Business must create jobs in Canada
- Business must compete globally
- Canadian incorporation required
- Active management from within Canada
Venture Capital Specific Requirements
- Secure support from an IRCC-designated Canadian venture capital fund
- Minimum required investment: CAD $200,000+
- Obtain Letter of Support
- Commitment Certificate submitted directly to IRCC
Ownership Requirements
- Each applicant must hold at least 10% voting rights
- Founders + designated organization must control more than 50% voting rights
Language Requirements
- Minimum CLB 5 in speaking, reading, writing, and listening
- Accepted exams: IELTS General, CELPIP, TEF, or TCF
Settlement Funds
- Proof of sufficient personal settlement funds
- Funds cannot be borrowed
- Amount varies by family size
Additional Requirements
- Medical examination
- Security/background checks
- Must intend to live outside Quebec
Strategic Preparation
- Investor-ready pitch deck
- Comprehensive business plan
- Financial projections
- Legal and immigration counsel
- Canadian market entry strategy
Bottom Line:To successfully move forward, applicants require a truly investable startup, formal backing
from an IRCC-designated VC fund, and strong founder positioning. This is one of Canada’s most rigorous
but credible business immigration pathways.