SUV Venture Capital Immigration, full name Start Up Visa, is a federal, national-level project, based on the applicant or his entrepreneurial team through investment in Canada to establish an innovative business to obtain permanent resident status.
Applicants need to have an academic or professional background related to their entrepreneurial direction, and have innovative scientific research results or ideas and the support of local endorsement institutions in Canada, and implement their own or their team's business projects realistically.
SUV is also the current Canada immigration policy in the context of the increasingly tightened background, no age limit, no personal tax requirements, team members have no residence geographical restrictions, can directly domestic waiting for cards,
The application method covers two categories, the initiator of the project (entrepreneurial target) and the core members of the entrepreneurial team, if they have relevant background and business projects in the field of innovation, can act as the initiator, and can bring up to 4 core backbones to Canada to start a business together, that is to say, up to five groups of families can get Maple Leaf Chinese Restaurant cards at the same time.
• In May 23, the main founder needs to submit permanent residence first and then submit a work permit
• From 4/30/24, the new law stipulates that each endorsing agency shall not exceed 10 start-up projects, so the incubator fee has increased significantly, and the processing standard has also been greatly improved!
About Endorsers (Either)
• Venture capital commitment starts at $200,000
• Angel Round Commitment starts at $75,000
• Incubators do not require a financial commitment, through direct signing of a letter of support
Eligibility
It is recommended that college degree or above, language CLB 5, net assets of more than 50,000 Canadian dollars, start-up fund (need to provide an explanation of the source of funds and nearly half a year's turnover), real establishment and operation of a business entity in Canada, each entrepreneurial member needs to hold at least 1/10 voting rights, all together at least 50%, work experience matching the entrepreneurial plan:
• Entrepreneurs, with academic or professional background in innovative industries, such as IT, new energy, environmental protection, artificial intelligence, biotechnology, robotics, Internet, etc., traditional industries are not completely without opportunities, and innovation-related points can also be used, such as advertising design, etc.;
• Co-founders, including finance, legal, human resources, marketing, technologists, physicians, education experts, etc.
Reference of popular target types: artificial intelligence electric vehicle motor test system, AI-driven automated software test platform, environmental protection robot, intelligent logistics system, etc
Why choose an incubator
The cost of starting a business is the lowest, the success rate is the highest, the pass rate of the letter of support is close to 100%, and the approval rate of permanent residence (PR) in 2023 is as high as 86%.
Application Process
• Evaluate project approval and team building
• Write a feasibility business BP and submit it to the incubator for review
• The incubator is approved, the business guidance entrustment agreement is signed, and the letter of support is obtained
• Submit PR and work permit (founder) applications at the same time
• Enter the country with a work visa to complete the business
• Federal processing completed and Maple Leaf Chinese Restaurant card obtained
The whole cycle is about 3~4 years
Domestic direct lying card?
There is no problem with the project itself, the bad reputation is because the market is mixed, the false and untrue propaganda of unscrupulous institutions, the SUV is by no means as simple as hugging the thighs and forming a team to lay down in China, what hard-core founders are in place, directly hitchhiking, etc., and what is the so-called background promotion (packaging), tailor-made "entrepreneurial plan", fictitious incubators and business plans are actually clever in the name of conscience circle money and a large number of false information, we must pay attention to screening!!
Assuming that this cycle is so long, even if they can't get the money back, they have also earned a lot of cash flow, and just eating interest in the bank is also lying to earn, and they can't keep it up for so many years, and people go to empty buildings for so many years~ Moreover, the money from the incubator can't be returned at all~ The situation is serious, and the double-digit Canadian dollar may be in vain......
SUV project is actually very provocative, suitable for real talent and industry-related, real innovative ideas, and real plans to start a business or expand business overseas, by the way to get an identity of the business elite or many such as teachers, lawyers, surgeons and other conditions are very good, but the employer sponsorship does not work in the profession, by no means ordinary amateurs, can be reached, but where the promise has no threshold, 100% packaged, are the beginning of cutting leeks~
Details can be sent resume, in-depth evaluation by senior official statutory licensed lawyers of the Immigration Bureau, accurate plan matching, and authoritative interpretation of policies and bills! Professional and authoritative escort!