08 May
Changes to the Start-up Visa and Self-Employed Persons programs to help reduce backlogs and improve processing times
The Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship, announced several changes to Canada’s federal business programs to help reduce processing times and the application backlog. These changes take effect on April 30, 2024.
- capping the number of permanent residence applications we will accept for processing each year to those associated with no more than 10 start-ups per designated organization
- providing priority processing for entrepreneurs whose start-up is supported by Canadian capital or by a business incubator that is a member of Canada’s Tech Network, including applications in the inventory and new applications as they are submitted
Since the program began in 2013, about 900 entrepreneurs have become permanent residents through this category, representing the launch of more than 300 start-ups.
For more information follow the link below: