Start-up Visa program is intend to attract foreign entrepreneurs who wish to establish businesses in Canada that will support innovation, job creation, and will compete on a global scale.
$200,000 if the investment commitment from a Canadian Venture Capital Fund,
C$75,000 if the investment commitment form a Canadian Angle Investor Group; or
Acceptance into a Business Incubator Program (for support, training etc.)
If more than 1 (up to 5) applicants apply for a single business, one of them will be designated as an “Essential Person” by the designated organization. If the essential person’s application is refused by IRCC, then all other applicants will be refused as well.
No minimum education required to support business activities.
If start-up business fails in Canada, it will not affect permanent residence status as the PR status is not tied to the success of business.