Federal start up program is designed to attract innovative entrepreneurs with new business ideas. The applicants should receive commitment from a designated Canadian angel investor or venture capital fund or business incubators.
The requirements for this program are:
to have CLB 5 in language proficiency
to have completed at least 1-year post-secondary education
to have a commitment of support from one of the above-mentioned organizations
There are some special fields that the investors prefer to make their investment such as biotechnical and pharmacy, commerce and consumer product, communication and media, electronics, energy, industrial products, information technology, medical, health and manufacturing.