Sign up to save your podcasts
Or
Share Canada's new Tech Talent Strategy for Immigrant Founders
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Canada's new Tech Talent Strategy for Immigrant Founders
Welcome back to another Immigrant Informational where we cover current topics in under 5 minutes! We’re covering Canada’s new tech talent strategy for founders. At the end of June 2023, Canada’s Immigration, Refugees, and Citizenship Minister Sean Fraser announced Canada’s revamped ‘Tech Talent Strategy’ with six new initiatives. This article is from our friends at Launch Academy, article is linked in the show notes.
Canada’s government is innovating, and they want to attract the best global talents to help transform Canada into a tech powerhouse. So what are they?
First up → The Startup Visa Program, designed to facilitate permanent residency for entrepreneurs who create companies and employ Canadians, will get a renewed prioritization process (because of incredible demand) that will include multiple factors like capital commitments and endorsements from partners. Here are the improvements:
- Increased application intake planned for the next two years
- Applicants and their families can apply for a work permit that is up to three years instead of one year, and these work permits do not restrict the applicants to work for their own business
- Work permits are available to each entrepreneurial team, rather than those deemed essential and urgently needed in Canada
- The government is prioritizing applications that are supported by VC, angel investor groups, business incubators and entities who are members of Canada’s Tech Network
Other areas of note…
Startups can employ global talent as there’s a new two-week work permit processing under the Global Skills Strategy program. Those in the STEM field have a category selection under the Express Entry Program. Those who have an H1-B can apply to a special Canadian work permit.
Ultimately, Canada is doing a lot for immigrant and international talent and founders with these new changes. It’s clear that their intention is to become a global tech leader. How will other countries like the U.S. respond?
Full article:
https://www.launchacademy.ca/latest-changes-to-the-canadian-startup-visa-program-2023/
If you love this episode, please share and review the podcast! It will help more immigrant and international founders find these content. Please do not hesitate to reach out to [email protected] for any inquiries and questions.
Hosted on Acast. See acast.com/privacy for more information.
View all episodes
By ChibitWelcome back to another Immigrant Informational where we cover current topics in under 5 minutes! We’re covering Canada’s new tech talent strategy for founders. At the end of June 2023, Canada’s Immigration, Refugees, and Citizenship Minister Sean Fraser announced Canada’s revamped ‘Tech Talent Strategy’ with six new initiatives. This article is from our friends at Launch Academy, article is linked in the show notes.
Canada’s government is innovating, and they want to attract the best global talents to help transform Canada into a tech powerhouse. So what are they?
First up → The Startup Visa Program, designed to facilitate permanent residency for entrepreneurs who create companies and employ Canadians, will get a renewed prioritization process (because of incredible demand) that will include multiple factors like capital commitments and endorsements from partners. Here are the improvements:
- Increased application intake planned for the next two years
- Applicants and their families can apply for a work permit that is up to three years instead of one year, and these work permits do not restrict the applicants to work for their own business
- Work permits are available to each entrepreneurial team, rather than those deemed essential and urgently needed in Canada
- The government is prioritizing applications that are supported by VC, angel investor groups, business incubators and entities who are members of Canada’s Tech Network
Other areas of note…
Startups can employ global talent as there’s a new two-week work permit processing under the Global Skills Strategy program. Those in the STEM field have a category selection under the Express Entry Program. Those who have an H1-B can apply to a special Canadian work permit.
Ultimately, Canada is doing a lot for immigrant and international talent and founders with these new changes. It’s clear that their intention is to become a global tech leader. How will other countries like the U.S. respond?
Full article:
https://www.launchacademy.ca/latest-changes-to-the-canadian-startup-visa-program-2023/
If you love this episode, please share and review the podcast! It will help more immigrant and international founders find these content. Please do not hesitate to reach out to [email protected] for any inquiries and questions.
Hosted on Acast. See acast.com/privacy for more information.