Canada’s Start-up Visa (SUV) Program is intended to attract foreign entrepreneurs who wish to establish new, high-growth businesses in Canada 

To be eligible for the Start-Up VISA under this stream, entrepreneurs must be accepted into a program offered by a designated Canadian business incubator or accelerator.

Eligibility Criteria:

  • Ownership of a business that is generating revenue with a product or service that is scalable, sustainable, and has a global marketing in the sectors of information technology, business services, bioscience, or renewable energy.
  • Business model must be appropriate for this jurisdiction and must not negatively impact a business in the local marketplace.
  • Submission of a business plan with financial and owners personal net worth statement.
  • The business is financially self-sustaining or open to Venture Capital investment.
  • Applicant is willing to live and work in Prince Edward Island and work in designated facilities managed by LaunchPad PEI for the first year of operation in the province.
  • Applicants will allow LaunchPad PEI to conduct a due diligence process on your background, education and financial capabilities.
  • Applicant is able to fund family obligations for a one year period of living in Canada (settlement funds). SUV Program Criteria.
  • Applicant is able to meet or exceed minimum language requirements, in either English or French. SUV Program Criteria.
  • Meet business ownership requirements. SUV Program Criteria.

If you are an entrepreneur and are interested in joining LaunchPad PEI through the SUV program, please fill out the application below:

APPLY HERE

LaunchPad PEI is an excellent choice for newcomers to Canada. We have relationships with the organizations you need to help transition from your native land to Canada. Here are some of the organizations that can help:

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