How To Apply for a Canadian Startup Visa in 2026
Complete Guide to Canada’s Startup Visa Program: Requirements, Process, and Tips for Success
What is Canada’s Startup Visa Program?
Canada’s Startup Visa Program is designed to attract innovative entrepreneurs from around the world to build their businesses in Canada. The program provides a pathway to permanent residence for qualified entrepreneurs who can secure support from designated organizations.
2026 Update: The program has been made permanent after a successful pilot, with increased funding and additional designated organizations added to support more startups.
Key Benefits of the Startup Visa
Permanent Residence
Successful applicants receive Canadian permanent residence for themselves and their immediate family members.
No Net Worth Requirement
Unlike other business immigration programs, there’s no minimum net worth requirement.
Flexibility
You can initially work on your business from anywhere in Canada and pivot as needed.
Eligibility Requirements for 2026
To qualify for Canada’s Startup Visa Program, you must meet these key requirements:
Qualifying Business
You must own at least 10% of the voting rights in the business and together with designated organization hold more than 50%.
Designated Organization Support
You must secure a commitment certificate from a designated venture capital fund, angel investor group, or business incubator.
Language Proficiency
Minimum Canadian Language Benchmark (CLB) 5 in English or French in all four abilities: reading, writing, listening, and speaking.
Sufficient Settlement Funds
You must prove you have enough money to support yourself and your family after arrival in Canada.
Admissibility
You must be admissible to Canada and pass medical and security checks.
Important: Your business must be incorporated in Canada and must be operating in Canada by the time you receive permanent residence.
Step-by-Step Application Process (2026)
Follow these steps to apply for Canada’s Startup Visa:
| Step | Description | Timeline |
|---|---|---|
| 1. Business Idea Development | Develop an innovative business idea that has global potential and can create jobs for Canadians | 1-3 months |
| 2. Secure Commitment | Pitch to designated organizations and secure a commitment certificate | 3-6 months |
| 3. Language Test | Take an approved language test (IELTS/CELPIP for English, TEF/TCF for French) | 1-2 months |
| 4. Prepare Documents | Gather all required documents including business plan, proof of funds, etc. | 1-2 months |
| 5. Submit Application | Submit your complete application package to Immigration, Refugees and Citizenship Canada (IRCC) | Application filed |
| 6. Application Processing | IRCC reviews your application, may request additional information | 12-16 months |
| 7. Receive PR | If approved, you and your family receive permanent residence | Varies |
Designated Organizations in 2026
You must secure support from one of these types of designated organizations:
Venture Capital Funds
Must secure a minimum investment of $200,000 CAD
- Version One Ventures
- Golden Venture Partners
- Real Ventures
- 22 new funds added in 2026
Angel Investor Groups
Must secure a minimum investment of $75,000 CAD
- Golden Angels Investors
- York Angels
- Vancouver Angel Forum
- 15 new groups added in 2026
Business Incubators
Must be accepted into a designated business incubator program
- DMZ at Toronto Metropolitan University
- Creative Destruction Lab
- Launch Academy
- 10 new incubators added in 2026
2026 Update: Canada has expanded the list of designated organizations by 30% to include more regional and sector-specific investors and incubators.
Costs and Fees for 2026
Here’s a breakdown of the costs associated with Canada’s Startup Visa:
| Fee Type | Amount (CAD) | Details |
|---|---|---|
| Processing Fee | $2,140 | Primary applicant processing fee |
| Right of Permanent Residence Fee | $515 | Payable before approval |
| Spouse/Partner Fee | $1,365 | Including processing and right of PR fee |
| Dependent Child Fee | $230 per child | Processing fee only |
| Biometrics Fee | $85 per person | Required for most applicants |
| Language Test | $300-$350 | IELTS, CELPIP, TEF or TCF |
| Medical Exam | $250-$450 per person | With panel physician |
Note: These fees do not include the investment required from designated organizations, which typically ranges from $75,000 to $200,000+ depending on the type of organization.
Tips for Success in 2026
Increase your chances of success with these strategies:
Focus on Innovation
Designated organizations are looking for truly innovative ideas with global potential, not just local businesses.
Target the Right Organizations
Research which designated organizations invest in your industry and stage of business.
Build a Strong Team
Investors look for diverse teams with complementary skills and industry experience.
Demonstrate Traction
Even early traction like prototypes, pilot customers, or letters of intent can significantly improve your chances.
Prepare a Comprehensive Business Plan
Your business plan should clearly show market potential, financial projections, and job creation for Canadians.
Consider Regional Programs
Some provinces have additional support programs for startup visa recipients that can provide extra resources.
