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Webinar Recap: Data & Beyond: A Deep Dive into Canadian Startup Visa Statistics & Trends

Our recent webinar was a first of its kind, a look at Canada’s Start-Up Visa (SUV) program using statistics provided by Immigration, Refugees and Citizenship Canada (IRCC). Joining us to analyze the numbers was Mary Yazdani, an accomplished entrepreneur, CEO and business consultant in Ottawa. Her background is in computer engineering, and she has been recognized for her efforts in the Ottawa business community while guiding several start-ups through the process of applying to the SUV in Canada.

Using the data from IRCC, we dived into the details behind things like approval and rejection rates, data from several individual countries, designated organizations that nurture start-ups to success and much more. 

As always, there was a great Q&A session after the main part of the discussion was done, with lots of good questions from those in attendance.

You can watch the full presentation above or go through the highlights of the webinar below.

Basic numbers behind the SUV program

We start with some basic stats about applications for work permits and permanent residence, noting the dramatic increase over the last few years. Mary comments on the variety of factors that have resulted in the massive increase in the number of applications and speculates as to which have had the biggest influence.

Decisions made on SUV applications

Now our focus turns to what happens to SUV applications after they are filed, looking at three categories — approved, refused and withdrawn. This is where the important matter of the backlog on SUV applications comes into play since it’s often the case that only a small portion of them have been processed for a given year. We learn the average rates of approval and refusal and outliers in the statistics, like India and Iran. 

Country-by-country analysis

In this part of the webinar, we took a careful look at what the IRCC stats had to say about the applications coming from individual countries, including the top 15 countries by number of applications. We also get some interesting results when we filter the countries according to what type of designated organization they apply through. 

The role of different designated organizations

The conversation then turns to the roles played by different designated organizations — VC firms, angel investors and business incubators. Why are some much more common among applications from certain countries? Do they have different success rates? We answer these questions and more here. 

Q&A time

We wrapped things up by asking some questions provided by the audience. As usual, the quality and variety of the questions were great!

You can watch the entire webinar on our YouTube channel, where you will find more useful content and interesting presentations. 

Disclaimer: Joorney Business Plans Canada is not an immigration consultant, lawyer, or advisor and cannot be held responsible for damages incurred from the use of this information. If you require more information about a program, please contact a registered immigration professional.

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