Startup Visa program
Do you have a business idea or a startup that you want to develop in Canada?
Scotia has one of the most comprehensive and successful Start-Up Visa programs for your Permanent Residence in Canada.
Why Angel Fund?
- Get 10% shares in a promising Canadian Startup company
- Get the Angel Fund co-invest in your company and support to grow your business
- Receive 8 months of business development support
- Lawer
- Workspace
- Accountants
- Mentors
- Get introduced to bankers and investors
- Implement a business plan
- Get software and services
Who Qualifies?
- English or French level 5 out of 12 (ability to express basic thoughts)
- Be an added value in a Startup company
- Clean security and medical condition
- No age restriction
- Get to keep Permanent Residence regardless of the success of the business
Upon Graduation
- Letter of Support
- Become 10% owner of a Startup company in Canada
- Get the Angel Fund to invest $75,000 in your Startup company
- 8 month in Incubation Program to grow your company
- Opportunity for future development courses
- 10 year membership in Angel Investor association in Canada
What kind of businesses?
- Deep technologies
- Agro technologies
- Applications
- Medical sector
- Software
- Environmental technologies
- And more
Program steps
- Send CV + Passport + Accreddited Investor Form
- Enter into an agreement with to proceed
- Match-making with entrepreneurs and online -training until final pitch (approx. 3 months)
- Completion of the program – receive certificate and Letter of Support
- Apply for Permanent Residence to Canada (approx. 9-12 months)
- Obtain Permanent Residence to Canada, non-revocable despite business success
- Funds released into startup and beginning of 8-month propulsion process
Three Streams
Incubator
- Most people applying for SUV Program take this option
- This stream is the least expensive but most likely to fail – we do not recommend it
Angel - Concept Proven
- The concept was proven and there is a need for new investors that can be an asset for the Startup Company
- Our Designated Organization has 100% success rate with the SUV Program and represents a great value for immigrant investors
VC - Making Money
- The Startup Company is generating income but requires further investment to expand
- Our Designated Organization has 100% success rate with the SUV Program and represents a great value for immigrant investors