Category Archives: startup visa

Canada comes in top 5 among G20 in Entrepreneurship Ranking

A new report by Ernst & Young places Canada’s entrepreneurial ecosystem in the top five among the G20 countries. The G20 Entrepreneurship Barometer 2013 ranks a country’s entrepreneurial environment according to its score in five sub-categories: access to funding, entrepreneurship culture, tax and regulation, education and training, and coordinated support between government, academic institutions and the private sector. The formulation […]

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Diane Francis Says Canada Needs a Silicon Valley

A recent article in the blog of Diane Francis, an editor-at-large for the National Post, argues that Canada needs to create its own version of the American Silicon Valley, and commends Citizenship and Immigration Canada (CIC) for taking a step in this direction with the creation of the Start-Up Visa. Francis says that skilled entrepreneurs can provide the type of economic […]

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Immigration Minister to Visit Silicon Valley to Promote ‘Start Up Visa’

Canadian Citizenship and Immigration Minister Jason Kenney will be visiting California’s Silicon Valley on Friday for a four day trip intended to promote Canada as a place to live for the region’s entrepreneurs. According to an article in San Jose’s Mercury News, a billboard is currently appearing near Silicon Valley advertising Canada to foreign tech workers struggling with H-1B visa […]

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Immigration Canada Announces April 1 Launch of Start-Up Visa Program

Citizenship and Immigration Canada (CIC) announced on Thursday that foreign entrepreneurs would be able to start applying for the newly created Start-Up Visa Program on April 1st of this year. “Canada is open for business to the world’s start-up entrepreneurs,” said Citizenship and Immigration Minister Jason Kenney in announcing the launch date. “Innovation and entrepreneurship are essential drivers of the […]

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Vancouver, Canada to Host International TED Conference

The annual TED (Technology, Entertainment and Design) conference, a gathering of some of the world’s brightest and most influential thinkers, will be moved to Vancouver in 2014 and 2015, it was announced on Monday. It is believed that the move will provide a major boost to Vancouver’s reputation as a first class global city and have peripheral benefits in the […]

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New Canadian Immigration Program For Entrepreneurs To Launch April 1

Citizenship and Immigration Canada (CIC) announced today that the Start-Up Visa, which will grant permanent residence to entrepreneurs who receive funding from Canadian venture capital firms, will launch on April 1st. “Our new Start-Up Visa will help make Canada the destination of choice for the world’s best and brightest to launch their companies. Recruiting dynamic entrepreneurs from around the world […]

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Canadian Government to Provide $400 Million to Bolster Domestic Venture Capital Industry

The Harper government announced on Monday that it will inject $400 million in Canada’s venture capital industry as part of the Venture Capital Action Plan. The goal of the plan is to encourage the creation of large venture capital funds that specialize in investing in early-stage, high-growth startup companies in Canada. “Our Government understands that Canada’s long-term economic competitiveness in […]

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Federal Government Backed Volunteer-Led Effort Promotes Canadian Start-Ups

Startup Canada, an entrepreneur-led government-backed non-profit organization, announced its action plan for increasing entrepreneurship in the country on Tuesday. The organization unveiled blueprints of a national network to support and connect entrepreneurial communities and a media campaign to create a strong entrepreneurial culture in Canada. The action plan is the product of the Start-Up Canada National Tour which took the […]

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Canadian Government Developing a Digital Dollar

The Royal Canadian Mint, a Crown Corporation responsible for minting Canada’s coins, is developing a digital version of the Canadian dollar that it hopes will make digital transactions as easy as cash-based ones. The technology being developed is called MintChip, and the Mint is describing it as the ‘evolution of currency’. It relies on public-key cryptography and tamper-proof hardware to […]

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Immigration Ministry Provides More Information on New “Start-up Visa”

Citizenship and Immigration Canada (CIC) has released more information about the upcoming ‘start-up visa’, which is being designed for foreign tech entrepreneurs who want to a start a business in Canada. “The start-up visa is an initiative that the government of Canada is exploring to assist in transforming our immigration system into a fast, fair and flexible system that will […]

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