Start-up Visa Program
Genesis’ Start-up Visa Program (SUV) aims to bring skilled immigrant entrepreneurs and their families to Canada. Such a program is designed to increase the number of foreign founded technology start-ups in the country and make a positive economic impact. As the only designated organization for SUV in the province, start-ups applying to the program will have to fulfill Genesis’ requirements for the Enterprise program.
The SUV program is for start-ups who:
Have less than $1M in annual revenues
Have developed a minimum viable product
Have gotten traction in the market (i.e. sales, users, etc.)
Have completed Genesis’ Evolution program or an approved equivalent program
Are willing to live and work in Newfoundland & Labrador
In addition to the aforementioned criteria, entrepreneurs will have to fulfill the Government of Canada’s requirements found here.
Once accepted into the program, entrepreneurs will receive a letter of support from Genesis. Entrepreneurs thereafter are responsible to apply for a start-up visa directly from Citizenship and Immigration Canada, assuming all other criteria is met.