Currently, startup Canada visa is one of the leading pathways that attracts talented professionals and bring investments in lieu of granting permanent residency. All the investors and applicants have three routes to seek letter of support which is the primary requirement of applying for the visa. These routes are – Business Incubators, Venture Capital Funds, and Angel Investor groups. When you take the Venture Captal and Angel Investor route, you need to secure funding from them which makes the process very competitive. However, with Business Incubators, you only need their approval.
Why should you choose Business Incubator for your Canada Startup Visa?
- There are a total of 52 designated business incubators in Canada wherein 26 Venture Capital Funds and only 7 Angel Investor Groups. Its means you have wide range of business incubators and more opportunities under this Canada Investor Visa
- There is no minimum investment requirement under this route, however, you must invest in the startup along with your business partners
- Must have sufficient funds and capital to settle in Canada (between CAD 12,960 – CAD 34,299, depending on the size of the family)
- Business Incubators help in mentorship, support your post landing activities, provide you office space and help you build business networks.
- Business Incubators provide overall engagement along with 3 month plus mentorship programs
- Most importantly, business incubators do not take equity in the business.
Process for achieving Letter of Support from Business Incubators:
- Prepare your Business Pitch or business concept or draft a Business Plan
- You must enroll in an approved business incubator program in Canada
- You do not need to make any Canada business visa investment
- Submit your application for review and evaluation
- Undergo their mentorship program
- Pay the designated organization fees
- Sign an agreement with the designated organization.
- Obtain the Letter of Support from your chosen designated organization
Once you are accepted by the incubator, you apply for work permit and move to Canada to set up your business under startup Canada visa
Why should you choose Abhinav for your Canada Startup Visa under Business Incubator route?
- Abhinav has the highest number of Startup Visa Approvals in India since the inception of canada investor visa
- Currently, there are more than 60 New Startup Groups & Projects in the Pipeline undergoing business incubator process
- Abhinav boasts the most number of Permanent Residents under the startup visa by any business visa consultants in India
- Team Abhinav and Canadian Partners have nurtured plenty of startups to incubate and incorporate in Canada
- Abhinav has officially partnered with Canadian Incubators & RCIC Agents to provide seamless Letter of Support Process
Do you wish to achieve Canada Startup Visa in 2024? Abhinav is the Leaders in delivering excellence in processing of acquiring letter of support and canada business visa investment application. For more info, connect with our experts at 8595338595 or mail us at [email protected]
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