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ARTICLE · 15 MAY 2024

Start-Up Visa Program Changes Aimed At Addressing Lengthy Processing Times

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IRCC recently announced changes to its Start-up Visa (SUV) Program, aimed at reducing processing times and application backlog.

CanadaImmigration
Bill MacGregor
Bill MacGregor
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IRCC recently announced changes to its Start-up Visa (SUV) Program, aimed at reducing processing times and application backlog.

As of April 30, 2024, IRCC will limit the number of SUV applications that will be accepted for processing each year to no more than 10 start-ups per designated organization. A "designated organization" is a recommended member of the Canadian Venture Capital and Private Equity Association or National Angel Capital Organization. A commitment certificate from a designated organization is one of the requirements to be able to use the SUV program.

Priority processing will be given to entrepreneurs whose start-up is supported by Canadian capital or by a business that is a member of Canada's Tech Network.

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