To be eligible, you must have a qualifying business, obtain a letter of support from a designated organization, meet language and education requirements, and have sufficient settlement funds.
About us
Matrix Venture Studio is a boutique consulting firm that helps immigrant entrepreneurs with the skills and potential to build businesses in Canada. We make the process of building a business in Canada, smoother and more efficient for our clients by providing tailored solutions to meet their unique needs. We assist our clients with business planning, financial forecasting, market research, legal advisory and investment strategies to ensure that our clients make informed decisions that align with their goals.
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Our Services
Preliminary Advisory
Determine Candidate’s Eligibility, Scrutinize Profiles, and Business Viability Study.
Start Up Formation
Business Idea Validation, Pitch Deck Creation, Business Plan and Documents developments, Company Incorporation and documentation, and Securing Intellectual Property.
Mentorship
Presentation skills training, and Incubator’s interview preparation.
Immigration Support
Immigration documentation, Visa Application processes, and Facilitate Legal Advisory.
Operational Support
Quarterly Reports Submission, Operational Optimization, and Banking Services.
SUCCESS STORY
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Frequently Asked Questions
Designated organizations are business groups, venture capital funds, and angel investor groups that can support your business idea. You must convince one of these organizations to provide a Letter of Support for your application.
Your business must be innovative, have the potential for growth, and create jobs for Canadians. You should own at least 10% of the voting rights in the business, and no other applicant can hold more than 50% of the voting rights.
There's no specific investment amount required, but you should secure sufficient funding to establish and operate your business effectively.
Initially, the designated organization you approach for support will assess the feasibility of your business proposal. Subsequently, the Department of Immigration, Refugees & Citizenship Canada (IRCC) will evaluate your immigration application to confirm that you have obtained the required support and meet the eligibility criteria for permanent residency. In specific instances, your application may undergo an independent peer review procedure. This peer review ensures that both your activities and those of the designated organization align with industry standards.
Processing times can vary, but it typically takes several months to complete the application process. It may also depend on the designated organization's response time.
Yes, you can include your spouse or common-law partner, as well as dependent children, in your application for permanent residency.
Once you obtain permanent residency, you are free to establish and manage your business in Canada.
Yes, you must actively manage your business in Canada. The government will assess your business's progress over time to ensure it meets program requirements.
Yes, you can apply for Canadian citizenship after meeting the residency requirements, typically residing in Canada for at least 1,095 days within the last five years.
You must prove your language proficiency in English or French by taking an approved language test, such as IELTS or CELPIP.
Your business should be in a sector that contributes to the Canadian economy and job market. Certain industries like sex work or illegal activities are not eligible.
Yes, there are government processing fees for each applicant and any accompanying family members. These fees can change, so it's important to check the most recent fee schedule.
Please send us an email at info@matrixventurestudio.com or call us on +1(416) 565-8709. Our team will understand your work background and support you with the next steps to apply for the Start-up Visa Program.
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