Canada is Offering a New Startup Visa Program

Tech upstarts wanting to head overseas might want to cast their eyes to Canada. There’s a new program from Vancouver-based not-for-profit start-up accelerator Launch Academy, in partnership with the Canadian government. It offers a way to bypass requirements of the country’s original start-up visa, where entrepreneurs had to get their hands on a minimum of US$200,000 from a Canadian venture capital fund or US$75,000 from a Canadian angel investor. Now entrepreneurs will be able to immigrate to Canada as a permanent resident, no strings attached.