Canadian Government Makes Call to Foreign Startups for New Startup Visa

Re:Canadian Government Makes Call to Foreign Startups for Ne... by marcamillion on Monday April 01, 2013 @03:24PM (#5475288)

>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 froma 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.

This is just silly. Especially the "academic experience". A good chunk of the people that do startups of this nature, probably won't have "academic experience" - so that's a self-selecting, self-defeating bias right there.

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Re:Canadian Government Makes Call to Foreign Startups for Ne... by lucisferre on Monday April 01, 2013 @04:45PM (#5475810)

If it's anything like other visa problems the academic experience is probably a little flexible. I was involved in getting a visa for someone from Microsoft who didn't have official "academic experience" however his position and history with MS was considering sufficient to justify it.

That said, I completely agree it's a stupid requirement to place on this.

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Re:Canadian Government Makes Call to Foreign Startups for Ne... by raquo on Monday April 01, 2013 @05:31PM (#5476065)

The academic requirement is just one year of post-secondary, even an abandoned degree would work.

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