Hello ,
I came across some information regarding the Start-up Visa Program application inventory, and I believe it's worth sharing with you.
Processing Time for Start-Up Visa Program
Based on the latest IRCC internal data from October 2024, the Startup Visa program shows significant application volume with
36,577 persons and
11,508 applications currently in the system across all processing stages. With applications in inventory and annual admission targets of 5,000, there’s approximately
6 years’ worth of inventory at current processing capacity, explaining the extended processing times.
Realistic Timeline Expectations
Given the current inventory levels, applicants should plan for processing times at the upper end of estimates and consider the priority stream criteria to potentially reduce wait times.
- Standard Processing: as of June 2025: 37-40 months for regular stream applications, reflecting the substantial inventory backlog.
- Priority Stream: Estimated 24+ months for applications meeting priority criteria (backed by $75,000+ Canadian capital or Canada’s Tech Network members), though official data not yet available.
Canada Start-Up Visa Success Rate
The Canada Startup Visa program demonstrates strong and improving approval rates, with a clear upward trajectory over the past three years.
Approval rates:
- 2022: 79%
- 2023: 80%
- 2024: 86%
The improving trend suggests that both applicants and designated organizations have become more sophisticated in preparing applications that meet IRCC requirements.
With an 86% approval rate in 2024, applicants who successfully secure a Letter of Support from a designated organization and submit complete applications have strong prospects for permanent residence approval, making the program’s primary challenge obtaining initial support from designated organizations rather than the final IRCC decision.
https://sobirovs.com/startups/start-up-visa-program/