WHAT ARE THEY AND WHAT DO THEY LOOK FOR?
Venture Capital Funds are private equity investors that provide capital to companies and groups that manage the money of several investors which are typically used to invest in small to medium size enterprises that are believed to have strong growth potential. They offer:
- Networking opportunities
- Industry expertise
- Dedication to partnership and success
- Strategization and mentorship
Venture Capital Funds receive thousands of applications per year. Receiving funding from one is an incredibly competitive process. They look for many things, including a strong management team that can execute the business plan successfully, businesses in industries with high revenue (over $1billion in industry revenues), businesses with a competitive advantage in the marketplace so profits can be generated before the competition catches up, and businesses that are already established and have a source of cash flow as this reduces risk of failure. You need a commitment of $200,000 minimum from a Venture Capital Fund to qualify for a Startup Visa path.
You can find a list of all the Designated Venture Capital Funds here.
BEING MATCHED WITH A VENTURE CAPITAL FUND
At Startup Visa Services we help match international entrepreneurs looking to move their business to Canada with the Designated Venture Capital Fund that best suits your needs. We also ensure that your business will benefit from a Venture Capital Fund, depending on what stage your business is in, how well funded it currently is, and whether their support is truly needed.
Importantly, every Venture Capital Fund is different. This includes what is required for an application and also which industry or industries they accept applications from. With Startup Visa Services’ help, you will not waste time applying to – and gathering requisite information for – Venture Capital Funds that do not accept your business due to the industry you are in.
You will also have guidance and support for the application process to ensure your application is as competitive as it can be. Startup Visa Services does this by fine-tuning your business plan, vetting founder experience, coaching for the intake interview, reviewing what stage your business is in, and more.
If you are interested in receiving help with being matched with a Designated Venture Capital Fund in Canada, apply here: https://startupvisa.ca/apply/, where you can also see the eligibility requirements for application.