Start-Up Visa 2024 Report

CBGA has prepared the Start-Up Visa 2024 Report, providing an analytical overview of program trends, structural developments, and regulatory dynamics shaping Canada’s innovation-driven immigration pathway.

The report presents key performance indicators and long-term program insights to support informed positioning under the Start-Up Visa framework.

The Start-Up Visa program has become a driving force in Canada’s business immigration landscape, attracting innovative entrepreneurs from across the globe. According to CBGA’s 2024 Start-Up Visa Report, the program has facilitated the creation of over 700 businesses since its inception, generating more than 6,000 jobs and attracting $500 million in venture capital investments.
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The 2024 Start-Up Visa Report provides a deep dive into the program’s performance over the past decade, highlighting key applicant demographics, program trends, and the impact of recent policy changes. With participation from entrepreneurs spanning 50+ countries and key industries like technology, biotechnology, and clean energy, the SUV program is playing a pivotal role in shaping Canada’s innovation-driven economy.

Diverse Origins

Applicants from India, China, the U.S., and South Korea lead the program, with emerging participation from Vietnam, Brazil, and Nigeria.

Industry Leaders

Technology dominates with 40% of businesses, followed by biotech and healthcare (20%) and clean energy (15%).

Driving Economic Growth

Start-ups have collectively raised $500 million in venture capital and created thousands of high-paying jobs.

CBGA’s 2024 Start-Up Visa Report offers essential insights for entrepreneurs, policymakers, and investors. Whether you’re exploring opportunities for business immigration or looking to understand the broader economic impact of the SUV program, this report serves as a comprehensive resource.