Get Your Business Supported by a Designated Investor

You are required to get a letter of support from one of the designated investor organizations. The letter needs to state that they are going to fund your idea

Meet the Language Requirements

You have to be able to communicate and work in English, French, or both. You need to provide Immigration, Refugees, and Citizenship Canada (IRCC) with proof of language proficiency low CLB5 level (Listening 5, Reading 4, Writing 5 and Speaking 5 bands only) . This means that you must take a language test from an IRCC approved agency and meet the minimum language requirements

Prove Your Business Meets Ownership Requirements

A single business may have a maximum of five owners when you apply for the program. Each applicant must hold at least 10% of the voting rights in the business. The designated investment organization and the applicant/s must together own more than 50% of the voting rights in the business.

Have Sufficient Funds to Settle in Canada

You need to prove to the Canadian government that you have enough funds to support yourself and your family once you settle in Canada. The government does not provide any financial support for entrepreneurial immigrants.