Feds launch pilot to attract skilled entrepreneurs

The federal government has launched a pilot program to attract skilled foreign entrepreneurs to Canada and help ease the shortage of skills required to manage and grow early-stage technology firms. Start-Up Visa will begin April 1st and run for five years. The Department of Citizenship and Immigration has solicited the assistance of the Canadian Venture Capital & Private Equity Association (CVCA) to provide a list of member VC funds and submit regular reports on program utilization. Applicants will require the support of a Canadian angel investor group or venture capital fund before they can apply. Successful applicants will receive permanent residency status and immediate access to a wide range of business partners...