Canada has done a major overhaul with its immigration program. The latest being, a new Start-Up Visa program which is the first in its kind that helps entrepreneurs who want to immigrate to Canada to seek financial backing from chosen Canadian investors.
Here is my latest article I wrote for Digital Journal below or read the full article at Digital Journal.
Canada is open for business to the world’s start-up entrepreneurs. Innovation and entrepreneurship are essential drivers of the Canadian economy. That is why we are actively recruiting foreign entrepreneurs – those who can build companies here in Canada that will create new jobs, spur economic growth and compete on a global scale – with our new start-up visa.”–Minister Jason Kenney, Citizenship and Immigration Canada
To receive designation to participate in the Start-Up Visa Program, a venture capital (VC) fund had to be a full member in good standing of the CVCA. VC funds that met this criterion and manage over $40 million in capital were automatically eligible to participate. VC funds that manage less than $40 million had to apply to the CVCA to participate in the Start-Up Visa Program. A number of factors were considered, including referrals from current CVCA members and interviews that the CVCA conducted with the limited partners of the fund. —CIC
Read the full article at Digital Journal: http://www.digitaljournal.com/article/346849#ixzz2P2hNGv7T
Subscribe to my blog for new articles and also to access some free ebooks.