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Improvements to the Start-up Visa Program
- IRCC allocated more spots to this program for 2023, with further increases planned for 2024 and 2025.
- Applicants will be able to apply for a work permit that is up to three years in duration instead of one year.
- Applicants will be able to apply for an open work permit instead of one that limits them to working for their own start-up.
- Applicant is eligible to get three-year open work permit available to each member of the entrepreneurial team instead of only those who are essential and urgently needed in Canada.
- IRCC prioritizing applications that are supported by venture capital, angel investor groups and business incubators and have capital committed, along with applications that are supported by business incubators who are members of Canada’s Tech Network.
