On October 19, 2023, it was our privilege to welcome special guest Michael Dearden, founding partner of Roseview Global Incubator, for a fascinating and wide-ranging discussion of recent changes to Canada’s Start-up Visa (SUV) program and other topics of interest for anyone thinking about starting a business in Canada.
Michael’s impressive professional background and experience made him the ideal source of information and insight for this conversation and viewers will come away with a much more comprehensive understanding of the current immigration environment.
We’ve put together some of the highlights of the webinar below, along with the relevant audio clips. You can watch the full presentation at the bottom of the page.
The basics of Canada’s SUV program
Like many countries, Canada started offering SUVs as a way to attract entrepreneurs from around the world to bring innovative ideas for business to Canada and contribute to the nation’s overall economic development. Michael explains that this fundamental goal remains unchanged and details the three basic requirements for an SUV while giving examples of how to meet them.
The role of Designated Organizations
Canada wants to support and promote innovation and startups, but how does a government define either of those things in a fast-paced tech environment? Michael takes us through the role of Designated Organizations like venture capitalists, angel investors and business incubators and how they fit into Canada’s SUV strategy by assisting the government and providing expertise in the field.
Standards to meet for SUV qualification
In addition to the requirements that the Canadian government sets for participation in the SUV program, Designated Organizations like Roseview have their own standards for startups to meet. From being owners and creators of the idea to the skill set of the founders to a minimum viable product, Michael takes us through the process that will help a business quality as a startup.
Changes in the SUV program
Changes are made to government programs of all types but in this section, Michael reminds us of the difference between proposals and actual changes implemented into law. Listen as he says some potential shifts in how the SUV program is administered may or may not move forward into practice despite the stir they are causing among immigration professionals and potential applicants.
Roseview’s role in helping to achieve success
Michael takes this opportunity to explain how Roseview’s goal of creating 100 successful companies in Canada is served by working with the right entrepreneurs with the right resources in a long-term partnership that leverages his firm’s knowledge and expertise. Listen as he explains how both parties bring important assets to the table and Roseview has a strong desire to turn business potential into business success on a national scale in Canada.
How does Joorney support Roseview?
Professional business documentation makes Roseview’s job easier when evaluating a startup and makes the startup’s application for an SUV more compelling. Joorney supplies the business plans, pitch decks and other documents that make it easier to evaluate a business’ strengths. Before entering the Q&A session, webinar host Joorney Global Director of Sales and Marketing Marianella Manzur presents a convenient summary of the services available for all Canadian immigration visas.
As always, the discussion part of the webinar was followed by an extensive Q&A session where those in attendance could take advantage of the opportunity to ask their own questions. This time we received even more questions than usual, with many questions about the details of the process, how to submit a successful application and other matters of special interest to SUV applicants.
You can watch the entire webinar below or 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.