Designated organisations, commitment certificates, and liquid funds each play a role. This is a preparation checklist — not a promise of nomination or approval.
How the Start-up Visa (SUV) is structured
Founders seek a Letter of Support from a designated organisation (incubator, angel group, or VC fund). That support feeds into a federal permanent residence application with language, settlement funds, and medical/security steps.
What designated organisations actually evaluate
Expect diligence on:
- Team composition and roles
- Market problem and realistic traction plan
- Intellectual property boundaries
- Capitalisation and runway
A slick deck without substance fails quickly.
Settlement funds vs investment capital
Liquid funds for IRCC are personal — not company runway. Founders sometimes confuse business investment with proof of settlement money. Both may be required, but they answer different questions.
Parallel temporary status
Some teams enter Canada on work permits tied to the venture while PR processes. Others remain abroad during early stages. Your timeline should name where founders will pay taxes and how payroll will comply.
Compliance culture
If advisors promise “guaranteed PR” or suggest document shortcuts, walk away. SUV files receive rigorous review when business credibility wobbles.
Disclaimer
Designated organisation lists and intake criteria change. Verify current IRCC guidance and organisation websites before paying large fees.