INcubes has become a designated organization able to accept companies from around the world under the Start-up Visa Program. Designated by the Canadian Association of Business Incubation (CABI), through a pilot program with Citizenship and Immigration Canada, this program provides the opportunity for team members of a company from around the world to apply for a visa as long as they have been accepted into the INcubes program.
The Start-up Visa Program was first announced as a pilot program by The Honourable Jason Kenney, P.C., M.P., Minister of Citizenship, Immigration and Multiculturalism, to “help Canada recruit entrepreneurs from around the world to spur economic growth and create jobs.” The revised Ministerial Instructions for Start-Up Visa were published in the Canada Gazette on Saturday, November 22, and came into force on that date. The main change was the expansion of the list of designated entities, to which INcubes was added.
“We are excited to welcome INcubes on board,” noted Gail Gillian-Bain, President of CABI. “This program attracts innovative entrepreneurs who are building globally competitive companies that create jobs and bring strength to Canada’s economy.”
“Having previously helped establish the foundation for the Angel investor stream of the Start-up Visa Program as former Executive Director of the National Angel Capital Organization, this program is one that I have been passionate about since its inception. The ability to engage and attract top global entrepreneurial talent is key to Canada’s future,” says Bryan Watson, Director of Strategic Projects at INcubes. “It is gratifying to have INcubes join the ranks of world class investors able to engage such high-potential entrepreneurs.”
“We have had hundreds of credible applications from companies abroad wanting to join the INcubes Acceleration Program in the past. The Start-up Visa will allow us to seriously consider the best of these for our program,” says Ben Zlotnick, CEO and Founder of INcubes. “Such companies, like our own portfolio companies, are ones that recognize the importance of being born global. If admitted under this program they will also have the ability to utilize our INcubes International Exchange Program, the first of its kind in Canada, which establishes reciprocal relationships and privileges with accelerators worldwide.”
INcubes is a Toronto based accelerator that teams up with emerging entrepreneurs and talented startup teams to create solid businesses with innovative products and ideas. With its two flagship programs, the Funnel Program and the Acceleration Program, INcubes connects with the most forward-thinking entrepreneurs, those with goals of turning their game-changing technologies into international success stories.