Canadian immigration minister promotes world’s first start up visa programme

by Ray Clancy on August 18, 2014

Canada’s Citizenship and Immigration Minister Chris Alexander is undertaking a series of visits with key business leaders to promote the country’s Start Up Visa Programme.

The aim is to attract entrepreneurs to Canada who have the vision and ability to build innovative companies that can create jobs and long term prosperity.

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Canada’s Start Up Visa Programme is the first of its kind worldwide

He has already visited GrowLab Ventures in Vancouver, where he welcomed the programme’s first two successful applicants and discussed the importance of the programme with a number of local business leaders.

GrowLab Ventures is a Canadian business incubator that is supporting Stanislav Korsei and Oleksandr Zadorozhnyi, formerly of the Ukraine, in the development of their company, Zeetl.

Korsei and Zadorozhnyi have developed an application that allows firms to monitor social media for customer complaints and concerns and instantly establishes a temporary direct phone line that the customer can call.

Alexander wants to encourage organisations to continue their efforts in identifying exciting start-up opportunities, as well as the dynamic entrepreneurs behind them.

Launched last year, the Start Up visa programme brings together Canadian venture capital funds, angel investor groups and business incubators with entrepreneurs from abroad.

Alexander said it is an important part of the government’s plan to build a fast and flexible economic immigration system, with a primary focus on meeting the new and emerging needs of the Canadian economy.

The programme is the first of its kind in the world and links experienced Canadian private sector firms with innovative foreign entrepreneurs who want to launch their start up companies in Canada.

In January 2015, Citizenship Immigration Canada will launch a new electronic application management system called Express Entry, which will offer a faster and more effective way to welcome economic immigrants to Canada than ever before.

‘Our government is focused on long term prosperity and economic growth for all Canadians. The Start Up Visa Programme is helping to attract innovative entrepreneurs to Canada who can help create jobs and meet the needs of Canada’s labour market. We will continue to work with business leaders who can support creative business ideas and help Canada compete on a global scale,’ said Alexander.

‘We choose the best and we want them to start, grow and succeed. The Start Up Visa Programme helps us attract and keep the best entrepreneurs from anywhere on the globe,’ he added.

{ 1 comment… read it below or add one }

Ryan Weaver August 27, 2014 at 6:27 pm

In theory it looks like a great program, time will tell whether the startup visa is really going to help Canada attract and retain the world best and brightest entrepreneurs. Of course, Alexander was also in the KW Region touting this program to local business leaders, including “Communitech”
http://ow.ly/AMY2s .

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