Did any one reply to your questions. I cant see. I want to know the same (a) Rejection rate and (b) why or what can be done to prevent.
Startup visa success rate?
- Thread starter gamehero
- Start date
Can anyone further the discuss the timeline on how long everything took to get?
Timeline to get your Work Permit and PR
Letter of Support and Commitment certificate
Also does your business have to be running and be currently generating profits?
Timeline to get your Work Permit and PR
Letter of Support and Commitment certificate
Also does your business have to be running and be currently generating profits?
Certainly going with a non designated incubator LOS would highly likely be refused.
Has anyone witnessed refusals with designated SUV incubators LOS?
I even saw people sued Canadian government. Refusals mostly related to the background of applicants, like if they had bad immigration history. In one case, the immigration officer said, the main reason to apply for the visa was the intent to immigrate, not doing business in Canada. Canada lost the court in this case. In another case, for example, there were too many people who applied (from China) and the visa officer can't recognize who is the main applicant and refused all (lol). Startupers lost this case in court.
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Hi @ankitpanchal,
Did you get any further update on this and did you get your PR. Could you kindly share your experience with Manitoba Tech Accelerator?
Thank you!
Just accepted by Manitoba Accelerator under SUV Programm, Need to pay incubator fees then they will issue letter of support, My concern is should go with MAT or look for anyother incubator, need suggestions, should accept the offer and do the payment.
Not yet , submitted my plan and pitch deck over a month ago and still nothing yet from them .Should I be worried ?
Hi,
As my understanding, Angle has their own process to issue LOS. Biz plan, pitch desk or due diligence ... are main factors/regulations to get LOS.
Or, you can ask them for detail procedure.
Regards
@david324 @Uzul24 - I know there is lot of anxiety when applying and your questions are very logical, but you should be asking these questions to the Angel Group you have applied to. As each Angel group has their own process and timeline. On top of that each case is different, so even if you find another startup founder who went through the same Angel, the timeline and experience would be very different.
Just to give some context, when you go through Angel or VC they would do a deep-dive into your business plan and financials as they plan to potentially invest their money in your startup. So don't expect a quick turnaround and be prepared to go through a long due-diligence and legal paperwork. Assuming they agree to invest in your startup, then a Term Sheet needs to be negotiated and finalized, legal entity created, share agreements done, money transfered to the new entity. All this needs to happen before they can even issue the LOS.
If you know how startup investing works then you should be able to make a good estimate on how long all this process would take. And you should be upright with your Angel or VC and ask them the process and estimated time to LOS. Any reasonable Angel or VC would share that basic information.
Just to give some context, when you go through Angel or VC they would do a deep-dive into your business plan and financials as they plan to potentially invest their money in your startup. So don't expect a quick turnaround and be prepared to go through a long due-diligence and legal paperwork. Assuming they agree to invest in your startup, then a Term Sheet needs to be negotiated and finalized, legal entity created, share agreements done, money transfered to the new entity. All this needs to happen before they can even issue the LOS.
If you know how startup investing works then you should be able to make a good estimate on how long all this process would take. And you should be upright with your Angel or VC and ask them the process and estimated time to LOS. Any reasonable Angel or VC would share that basic information.