Start-up Business Class education requirement removed
Validated finding · five-country-2010-20260922-v118-evidence-presentation-fix
Policy effect
Effective November 22, 2014, the replacement Start-up Business Class instructions removed the requirement to have completed at least one year of post-secondary education in good standing, whether or not an educational credential was obtained. The associated requirement to submit written evidence of that education was also removed. The designated-entity commitment, language and settlement-funds requirements continued to apply.
Conditions and exceptions
Validated condition or limit: Effective November 22, 2014, the replacement Start-up Business Class instructions removed the requirement to have completed at least one year of post-secondary education in good standing, whether or not an educational credential was obtained.; The associated requirement to submit written evidence of that education was also removed.
Official source excerpt
Quoted verbatim from the official source below. Ellipses indicate omitted text.
… ng at least $75,000 in the applicant's qualifying business or two or more designated angel investor groups confirming that they are together investing a total of at least $75,000 in that business, or (iii) a designated venture capital fund confirming that it is investing at least $200,000 in the applicant's qualifying business or two or more designated venture capital funds confirming that they are together investing a total of at least $200,000 in that business; (b) have attained a level of proficiency of at least benchmark level 5 in either official language for all the four language skill a … reas, as set out in the Canadian Language Benchmarks and the Niveaux de compétence linguistique canadiens, as demonstrated by the results of an evaluation conducted by an organization or institution designated by the Minister for the purpose of evaluating language proficiency under subsection 74(3) of the Regulations; and (c) have in the form of transferable and available funds, unencumbered by debts or other obligations, an amount that is equal to one half of the amount identified, in the most recent edition of the publication concerning low income cut-offs published annually by Statistics Ca … , other than qualified participants, hold 50% or more of the total amount of the voting rights attached to all shares of the corporation outstanding at that time. Conditional incorporation of business (2) A business that is not incorporated at the time the commitment is made is still considered to be a qualifying business if its incorporation is conditional on the issuance of a permanent resident visa to one or more of the applicants in respect of that business. Documentation 8. (1) An applicant must provide documentation to establish that they are a member of the start-up business class, incl … uding (a) evidence of payment of the applicable fees set out in these Instructions; (b) a signed copy of the commitment; (c) written evidence that they have attained the level of language proficiency required by paragraph 2(2)(b); and (d) written evidence that they have the funds required by paragraph 2(2)(c). Conclusive evidence (2) For the purposes of these Instructions, the results of an evaluation of an applicant's language proficiency by a designated organization or institution and the correlation of those results with the benchmarks in accordance with the Regulations are conclusive evide … nstructions. “Act” « Loi » “Act” means the Immigration and Refugee Protection Act. “applicant” « demandeur » “applicant” means a foreign national who makes an application for a permanent resident visa as a member of the start-up business class. “Canadian Language Benchmarks” « Canadian Language Benchmarks » “Canadian Language Benchmarks” has the same meaning as in section 2 of the Regulations. “commitment” « engagement » “commitment” means a commitment referred to in paragraph 2(2)(a) that meets the requirements of section 6. “designated” « désigné » “designated”, in respect of a business incu … lass 2. (1) The start-up business class is established as part of the economic class referred to in subsection 12(2) of the Act and consists of foreign nationals who have the ability to become economically established in Canada and meet the requirements of this section. Member of class (2) An applicant is a member of the start-up business class if they (a) have obtained a commitment from (i) a designated business incubator confirming that it is accepting the applicant's qualifying business into its business incubator program, (ii) a designated angel investor group confirming that it is investi … terial Instructions Respecting the Start-up Business Class, 2013-2, published in the Canada Gazette, Part I, on October 26, 2013 are repealed. Effective period 16. These Instructions have effect during the period beginning on November 22, 2014 and ending on March 31, 2018. SCHEDULE 1 (Paragraph 4(a)) DESIGNATED BUSINESS INCUBATORS Canada Accelerator Co (d/b/a Highline) Communitech Empowered Startups Ltd. Extreme Innovations INcubes Inc. Innovacorp Innovate Calgary Launchpad PEI Inc. Ryerson Futures Inc. Toronto Business Development Centre Waterloo Accelerator Centre SCHEDULE 2 (Paragraph 4(b)) …
Review method
Two separate automated exact-claim source reviews
Automated source validation is not independent human legal review. The finding should not be treated as legal advice. Record recovered-ca-startup-education-removal-20141122. Something wrong? Flag this record.
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- 2014-02-06Order Fixing February 6, 2014 as the Day on which Sections 170 and 171 of the Act Come into Force
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- 2014-06-01Regulations Amending the Immigration and Refugee Protection Regulations
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- 2014-06-19Economic Action Plan 2014 Act, No. 1
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- 2014-08-01Order Fixing August 1, 2014 as the Day on which Certain Provisions of the Act Come into Force
- 2014-08-01Reduction of Dependent Child Age Limit and Age Lock-In Framework
- 2014-08-01Regulations Amending the Citizenship Regulations
- 2014-10-24Streamlined Departure Orders for Cessation of Refugee Protection
- 2014-11-30Caregiver Program Reform and Establishment of Caring for Children and Caring for People with High Medical Needs Classes