Designated organizations play a crucial role in the Canadian Startup Visa (SUV) Program. These are business groups that have been approved by the Canadian government to invest in or support innovative start-ups. Designated organizations include venture capital funds, angel investor groups, and business incubators. Each organization has its own process for evaluating start-ups and selecting those they wish to support.

To apply for the Startup Visa, an entrepreneur must receive a Letter of Support from one of these designated organizations. This letter is crucial for the visa application and serves as proof that the start-up has the backing of experienced investors or incubators, which helps demonstrate the viability of the business to the Canadian government.

Designated organizations for Canada's Start-up Visa Program include venture capital funds, angel investor groups, and business incubators that are officially approved to support innovative start-ups. These organizations must review and back your business idea before you can apply for the visa. Once they decide to support you, they issue a Letter of Support and a Commitment Certificate to immigration authorities, which are crucial for your application.

Additionally, designated organizations must be members of the National Angel Capital Organization (NACO), or other similar associations, and have been operating for at least two years, ensuring they have a solid background in supporting innovative businesses.

Unlocking Canada's Startup Visa

If you are interested in understanding more about these designated organizations and how they can help your start-up immigrate to Canada, we at CBGA can assist you with the process. We provide support in navigating the Startup Visa application and connecting you with the right designated organizations to fast-track your business's success.