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Genesis Centre Start-up Visa Program

Posted Wednesday, August 23, 2017

Make yourself at home and make something of yourself at home.

The Start-up Visa Program was created to target foreign entrepreneurs with the skills and potential to build innovative businesses in Canada that can create jobs and compete on a global scale.

Of the three streams of Start-up Visas, Genesis offers the Business Accelerator/Incubator stream to those who are successfully admitted into the portfolio of companies.

Entrepreneurs interested in the program must meet the following requirements:

- Be willing to live and work in Newfoundland and Labrador
- Be a start-up technology company with high growth potential
- Register for and complete a prerequisite, early-stage accelerator program:
- NL-based programs:
Genesis Evolution program
Entrepreneurs Training Program
B6049 (Entrepreneurship for Non-Business Students)
- Online programs:
MaRS Discovery District's E101
- If you have completed a different, equivalent program either online or in-person, please name and detail what program you have completed in your SUV application. We will review and approve other programs on a case-by-case basis.
- Pitch to and be accepted by the Genesis Centre Selection Board

If accepted by the Selection Board, the entrepreneurs receive a letter of support from Genesis and can apply for a start-up visa directly from Citizenship and Immigration Canada. To be eligible, applicants must:

- Receive a letter of support from a designated organization (i.e. Genesis)
- Meet ownership requirements where each entrepreneur holds at least 10% of the voting rights in the business
- Meet the minimum language requirements via a test from an approved agency
- Be able to financially support you and your family for one year

Details on the criteria and FAQs can be found at the Start-up Visa website here.

If you have any questions regarding our requirements, contact Genesis here. No phone calls please.

Click here to apply to the Start-up Visa Program.