News for hackers. Stuff that matters.

A comment on Canadian Government Makes Call to Foreign Startups for New Startup Visa.

Re:Canadian Government Makes Call to Foreign Startups for Ne... by casca on Monday April 01, 2013 @02:07PM (#5474761)
TL;DR: If you can get funding from a Canadian VC or Angel fund, it'll be easier to get a Canadian visa. No links to the Government site to confirm details but this seems to be the official details: http://www.cic.gc.ca/english/department/media/backgrounders/...

"In order to apply for the program an entrepreneur or startup must first have secured a minimum investment of $200,000 if the investment comes from a designated Canadian venture capital fund or $75,000 if the investment comes from a designated Canadian angel investor group. Applicants will also need to meet general program requirements, such as language proficiency and academic experience."

[ Parent | on HN ]
Re:Canadian Government Makes Call to Foreign Startups for Ne... by redthrowaway on Monday April 01, 2013 @03:03PM (#5475155)
The problem we face is that Bay Street is startup-adverse, and there's not really a VC ecosystem outside of that. We've got a few YC clones, and then we have a few VCs doing series B type investments, but not a whole lot that bridges the gap.
[ Parent | on HN ]