About the Program
UPDATE:
We will no longer accept applications for the Startup Visa program from applicants located outside of Canada. We encourage those living in Canada on temporary immigration status to apply if they meet the eligibility criteria outlined below. You can check back in July 2024 for a status update on this opportunity.
Start-Up Visa is a federal program that allows Genesis to welcome talented newcomer entrepreneurs to Newfoundland & Labrador to work on their business as a pathway to Permanent Residency.
Why St.John’s?
Eligibility
Technology-Based Business
Business model must include a product or service stemming from software, hardware, biotechnology or another technology field.
Minimum Viable Product
Teams must have developed the earliest version of the product, or a prototype, from which point improvements can be made as the business grows.
Market Traction
You need to have demonstrated users (paying or non-paying) and/or sales. Annual revenues must be less than $1 million per year.
Idea Validation
Applicants will need to have completed our 8-week Evolution program or equivalent accelerator.
Government Requirements
Businesses must fulfill all the federal government criteria found at the Immigration, Refugee & Citizenship Canada website.
Imagine a workplace minutes away from cliffside hiking trails, lively breweries, and peaceful coffee shops. St. John's offers a relaxed lifestyle with short commute times, affordable housing, and a close-knit, supportive start-up community. Choose a place that's perfect for your business, your family, and your peace of mind.
Application process
1. Application
Outline your business model, team, market traction and product/service in our initial application.
2. Program completion
Once your business has been deemed a fit for either Evolution, Evo+ or Enterprise by our team, you will complete the program you are eligible for. Enterprise clients are eligible to begin the SUV application process once accepted.
3. Document Submissions
Submit all required immigration paperwork and apply for temporary work permit.
4. Relocation to NL
Successful applicants are required to move to and settle in Newfoundland & Labrador while working on their business, if not already located in the province.
5. Letter of Support
As a designated administrator of the SUV program, Genesis will give successful applicants a formal letter of support once located in NL.
6. Apply for Permanent Residency
Businesses will now be able to apply for their Permanent Residency from IRCC.
7. Call NL your Home
Continue developing your business in our amazing province!