12th Floor, President Place Building 93 Nguyen Du, Ben Nghe Ward, District 1, HCMC
The Investment Fund will be an organization designated by the Government of Canada, to support capital contribution and help candidates establish a business in Canada. Depending on the type of designated organization that the entrepreneur works with, the candidate will need to complete a startup development program or get funding from them to be able to get equity in your company to receive support letter.
It is one of the most important requirements of the Canada Startup Visa program . The Entrepreneur must have a Certificate of Commitment and a Letter of Support from one or more Venture Capital Funds, Angel Investor Groups and/or Business Incubators. In other words, the success of Start-up Visa depends a lot on the approval of an Investment Fund .
Venture capital funds are an important source of capital to support the growth of startups. This fund will provide capital and technical and management support to start-ups, helping them to accelerate their growth and scale up their operations.
Venture capital funds include 3 steps of capital investment, including:
Step 1: Identify the target business.
Step 2: Promote the growth process for the target business (including issues such as strategic consulting, financial management consulting and corporate governance).
Step 3: List the target company on the stock market or IPO, transfer it to a third party or dissolve the business.
However, participants need to accept a certain level of risk because the profitability or capital recovery from the startup project is not high. In order to reduce risks, Visa Startup Canada investors should choose projects supported by Venture capital because these projects have been formed and initially deployed; The amount of fund capital that must be committed to contribute to the start-up is at least $200,000 CAD, much higher than the “Angels stream” – funds are only required to commit a minimum of $75,000 CAD.
By combining the venture capital fund and the SUV program, startups have the opportunity to receive the necessary financial investment and legal and regulatory support. This enhances competitiveness and success in the harsh business environment.
Angel investors are high-income individuals who provide financial support to startups or small entrepreneurs, often requiring equity ownership in these companies.
The investor will be guaranteed to hold a minimum of 10% of the shares in a Canadian company, and that company has received a minimum commitment of $75,000 CAD from a venture fund and has strong growth potential.
There are many Business Incubators in Canada and offer many opportunities for permanent resident applicants under the Startup Canada Visa program to get the support they need to qualify for immigration and start a business.
By “nurturing” startups and helping them overcome numerous challenges to obtain the financial, human and physical resources they need to survive and thrive in the space of a few months – and in many cases years – business incubators play an important role in the economic development of the Canadian sector.
These business incubators support entrepreneurs from the very beginning, when the business is still just an idea, while providing office space, administrative support, mentoring and training, and marketing. access to investors and capital.
Operating as a nonprofit or business itself, business incubators help entrepreneurs:
Develop relationships with financial partners, business consultants, management executives;
Find office space and business hardware and software, and;
Access to research through relationships with universities and government agencies.
Visa Startup Canada has proven successful in creating an enabling environment for international start-ups to settle in Canada. Support from Investment Funds: Angel Investors, Venture Capital Funds, and Business Incubators offer great opportunities for entrepreneurs and investors to capitalize on Canada's resources and growth potential. .
In summary, the SUV and Canadian immigration program has created a favorable and strongly supportive environment for the growth and success of international start-ups. For those who are looking for new opportunities and want to expand their business into the Canadian market, SUVs are an option worth considering.
iCanfield Vietnam Immigration & Study Abroad Consulting Company
Address: 93 Nguyen Du, Ben Nghe Ward, District 1, HCMC
Hotline: 028.3822.0285
Call 028 3822 0285 If you need a quick consultation