Canada lures Indian Entrepreneurs with New ‘Startup Visa’

Source: Silicon India via Indian Economic Business News

The Canadian government has launched attractive schemes and provisions, to lure potential Indian entrepreneurs who are struggling to get their green cards or trying to extend their H- 1B visas in the United States, as per a report by Business Insider. Mr. Jason Kenney, Canada’s Minister of Citizenship, Immigration and Multiculturalism, has been aggressively campaigning to promote their governments move on offering startup entrepreneurs a new visa. The new “startup visa” was launched by the government in April. It will grant immediate permanent residency and a subsequent path to citizenship to those qualifying entrepreneurs, who can start a business in Canada and have attracted investments for their start-up ventures, and raise enough capital funds and angel investors.