DISCLAIMER
No group or individual participating in this program may invest in or support the program for the sole purpose of immigration. The goal of the program is to attract outstanding foreign start-ups with innovative technology to relocate to Canada, therefore generating increased Canadian employment and tax revenue.
What is Canada's
Start-Up Visa?
The Start-Up Visa (referred to in Chinese as “创业签证”) was officially launched on August 1, 2013, by the Canadian immigration department, IRCC (Immigration, Refugee and Citizenship Canada). The National Angel Capital Organization (NACO) of Canada was involved in this initiative. The main purpose of this policy is to attract innovative technologies and start-ups to Canada to carry out their entrepreneurial projects through immigration incentives.
The crux of this immigration policy is that your business plan needs to be endorsed by a government-designated entity. This entity will provide a thorough due diligence report, and once approved, they will issue a Letter of Support, which is essential for moving forward with the immigration application process.
There are three categories of these government-designated entities:
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Designated Venture Capital Fund: the company needs an investment of at least $200,000 from the fund.
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Designated Angel Investment Fund: the project needs a minimum investment of $75,000 from the fund.
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Designated Business Incubator: the company must be accepted into and complete an incubation program delivered by the Designated Incubator.
Sample of the Letter of Support
Sample of the Letter of Support
Bizfield is here
Why Us？
The Bizfield Angel Network, as a professional angel investment institution in Canada, is headquartered in the Vancouver region of Canada. In 2017, Bizfield was selected as a member of the NACO (National Angel Capital Organization) and VANTEC angel investment institutions, becoming an active investor platform in the angel investment and entrepreneurial ecosystem of British Columbia.
Utilizing its localized advantages, Bizfield offers bilingual (Chinese and English) angel investment courses for high-net-worth individuals of Chinese descent in both Canada and China. They provide an angel investor communication platform, and startup project roadshows, among other activities. This helps angel investors access excellent startup projects. By promoting academic and project exchanges between angel investor members, they facilitate investment collaboration among members. Ultimately, this brings more investment returns for the angel investor members, minimizes investment losses, and provides entrepreneurial financing for outstanding entrepreneurs.
With its rich knowledge and experience in angel investing, Bizfield can, on the one hand, help the Canadian government filter potential overseas startups. On the other hand, they can assist outstanding overseas entrepreneurial projects in connecting with qualified Canadian angel investors for a qualified investment of CAD 75,000. They help them obtain a support letter issued by the government-designated agency, complete their incubation in Canada, and ultimately complete the SUV application process.
Benefits of Applying With Bizfield Angel Network？
Bizfield Angel Network leverages its team of consultants, investment advisers, and active angel investor members to assist foreign founders of start-ups applying for the Canadian Startup Visa. In combination with partners, we can provide the following services:
Angel Investor Roadshow Presentation
Business Plan
Refinement
Investor Roadshow
PPT Creation
Startup Project &
Partner Connection
Connect with Bizfield Angel Investors and Others for Due Diligence
Due
Diligence
Service
Government Agency Support Letter
Assistance
Post-investment Management and Consultation Service
Who We Are Looking For？
Bizfield is focused on finding and partnering with outstanding start-ups in five sectors:
Companies need to meet the following criteria:
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The company is interested in completing its startup incubation in Canada and has strong reasons for choosing Canada as its incubation location.
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It possesses a certain profit-making capability, with a minimum business revenue of no less than 100,000 Canadian dollars in the past two years. Exceptionally outstanding technology can be exempted from the business revenue requirement and profit requirement.
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The product or service itself has global appeal and competitiveness.
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The products and services provided by the company have a certain long-term advantage and competitive barriers within the industry.
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It possesses innovative technology or concepts that have been put into practical use and can provide relevant intellectual property proof.
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The company has growth plans in terms of market and finance.
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The company has sufficient operational funds for more than a year, which can come from savings or investments.
To apply for this project, you need to first fill out the application form. After completing it, attach a simple PPT version of the BP (10-15 pages) and send the resume(s) of the applicant or team to info@bizfieldangel.com. After the application is submitted, Bizfield will evaluate the relevant content. If the evaluation is passed, within the next 20 working days, Bizfield will send an invitation to the selected project founders to enter the next preliminary review (pre-screen) stage.
If you have more questions about entrepreneur visas, please add WeChat or consult customer service via Whatsapp.
If you have more questions about entrepreneur visas, please add WeChat or consult customer service via Whatsapp.