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The current pandemic has been a blessing for the Canadian Tech Industry.
How?
Covid induced remote working scenario has encouraged the tech industry to recruit gems from the global talent pool for its start-ups. What was considered difficult previously has been made simple by the pandemic.
Canadian tech start-ups now have access to a global league of developers, which has greatly benefited the hub of the tech industry in Toronto.
Start-ups in Toronto have been able to take big strides in locking up global talent due to multiple factors:
-Access to talent due to remote working scenario
-Increased venture funding
-The success of the Canadian govt's Start-up Visa Program
Industry experts credit the pandemic for this reversal in fortunes for the tech start-up industry.
Remote working has allowed the hiring of good developers sitting in any corner of the world at a lesser price. This has waned away the need to hire San Francisco-based big bucks executives.
The pandemic has improved accessibility for Canadian Start-ups, who are attracting senior executives from all over the world. This boom has propelled record-breaking capital from Venture Capitalists, giving a strong foundation to the start-up ecosystem.
Canadian start-up growth reminds us that every cloud has a silver lining, and this pandemic just proved that! This unprecedented growth also shows that the right place for your start-up is indeed Canada!
But…how can you start or move a start-up in Canada? First, you need to understand what a start-up visa is.
It is a Permanent Resident direct stream under federal programs, which started as a pilot in 2013 and continued as a permanent program. It allows entrepreneurs to come and set up or move their start-up business to Canada for PR for themselves, their group members, and the families of the principal applicants.
Find out more about the Startup visa in Canada in our YouTube video, click here
If you have a business idea, or an existing business - whether it's a start-up or not, we can help you move your operations or business concept to Canada! Get NOW a FREE assessment with our Business Immigration specialists, click here
