Launch Academy, a Vancouver-based not-for-profit startup accelerator, is starting a new program in partnership with the Canadian government to vet applicants and recommend them to the Canadian government for visa and permanent residency process. Because of this, it’s not just an option for startups but also for founders of more mature companies that want to put their roots down in North America.
With the startup visa program, we are targeting immigrant entrepreneurs with the skills and potential to build innovative and sustainable businesses in Canada. Unlike programs in other countries, we do not provide “temporary” or “conditional” status. We believe that creating innovation is challenging enough on it’s own, without the burden of your residency hinging on your startup. Successful applicants to this program will be able to immigrate to Canada as permanent residents with no conditions attached to the success of their business.
Successful applicants — and their families and core team — will be immediately eligible to apply for work visas and permanent residency. Those visas should arrive within weeks (and potentially faster) and the residency process should take about six months.
The team is especially looking for companies that work in AI, VR/AR/MR, blockchain, fintech, data science, quantum computing, healthtech and cybersecurity, though others can apply.
Successful applicants to the startup visa program will not only receive permanent residency for themselves, but also for their entire families. At Launch Academy, we want to ensure you that your move will be a smooth one for your entire family, and part of our program includes introducing you to family services such as: housing, insurance, childcare, and banking. We don’t just want to be the place where you work, but a place you can call home.
Adapted from TC