Supporting Foreign Entrepreneurs
– More Than Just An Incubator
Teams will receive access to expertise, services, resources, mentors, and advisors so that they can conquer milestones, achieve goals and overcome challenges they may face in growing a business in Canada.
Incorporation & Legal Support
Office Space In Victoria, B.C
Doing Business In Canada Guide
Mentorship & Advisor Expertise
Strategic Planning
Office Space In Victoria, B.C
Accounting & Finance
Marketing & Business Development Support
Startup Visa Program Impact
Startup Visa Program Requirements
Alacrity
- We focus on innovative technology, software, industrial transformation, clean technology, and online businesses.
- Demonstrate early technology validation and/or customer traction
- Pre designed layout options
- Clearly articulate the market opportunity for the product or service offering in Canada and internationally
- Have relevant education, experience, and expertise that will support the success of the business
IRCC
- Be a single entrepreneur, or an entrepreneurial team up to 5 members
- Have access to sufficient working capital to meet initial needs
- The combination of the team and Alacrity must hold a minimum of 51% of the voting rights in the proposed venture to qualify for the Startup Visa program
- Be able to effectively communicate and work in English or French to conduct business in Canada
FAQ
With only 10 spots a year allotted by the Canadian Government per year, we know you have to focus your attention on applying to the right incubators who provide this program. So let’s save you some time. Are you in the following sectors?
- Big Data/Cybersecurity
- AI
- Industrial Transformation
- Clean Technology
- SaaS Products
- Manufacturing companies unless they have innovative patented technology attached to the project that fit within the top five sector types.
- E-commerce businesses, unless it had a specific technology and the E-commerce component is a supplemental revenue stream, then we’ll consider the project.
- Any service/agency based businesses.
- Complete the Application Form – Complete the application form here or by hitting the apply button below. We will schedule an introductory call if your application screens through.
- Submit Your Business Plan and Documents – This is our due diligence stage. We will ask you to submit your business plan and any other documents related to the business.
- Sign Agreements Upon Approval – If approved, Alacrity Canada will sign program agreements and issue the letter of support to the IRCC. Successful teams are required to pay a $100,000 to $125,000 + GST fee. This includes administrative services for the Startup Team.
Gain access to exclusive perks and discounts when you join our portfolio
Meet Some Companies who have come before you
Fintech
Health Tech
Technical Apparel
Cleantech
Venture Story
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Changes to the Government of Canada's Startup Visa Program
Recent updates to Canada’s Startup Visa program, of which Alacrity is a designated organization have introduced key changes. One of the main impacts is a new limit of 10 startups per year, which restricts how we can assist international founders.
As a result of these changes, the selection process is now more competitive than ever. Only candidates who qualify for the next stage will be contacted, and program fees will be communicated to the selected teams.
Our Portfolio Companies
