COMMITMENT CERTIFICATE - LETTER OF SUPPORT FOR CANADA STARTUP VISA PROGRAM
Commitment Certificate - Letter of Support for Canada Startup Visa Program
A Letter of Support is a document given to the applicant by one of the designated organizations that decided to support an innovative business. An applicant must include a Letter of Support with their application for permanent residence under the Canada Startup Visa Program.
A Letter of Support can be issued by an angel investor group, venture capital fund, or business incubator. This is one of the Canada Startup Visa Program requirements. As up to five entrepreneurs can apply under the same commitment, the designated entity must provide a Letter of Support specific to each individual applying for permanent residence.
Letter of Support contains information about the designated entity, Commitment Certificate's validity period (6 months), applicant, and team members.
What is the Difference Between a Commitment Certificate and a Letter of Support?
The designated organization must complete only one Commitment Certificate for the entrepreneurial team (up to 5), and provide a Letter of Support to each member of the team.
Start-Up Business Class Commitment Certificate will contain information about:
- Designated Entity
- Applicant
- Members of the Entrepreneur Team
- Business
- Business Structure
- Background Information
- Work Permit for Essential Applicant(s)
The designated entity will only provide a Letter of Support to the applicant, while it will send a Commitment Certificate directly to IRCC [Immigration Refugees and Citizenship Canada]. Commitment Certificate is valid for 6 months, during which time an applicant must apply for permanent residence and work permit (where applicable).
What is the Term Sheet or Client Agreement?
The designated organization must complete only one Commitment Certificate for the entrepreneurial team (up to 5), and provide a Letter of Support to each member of the team.
Start-Up Business Class Commitment Certificate will contain information about:\
- Designated Entity
- Applicant
- Members of the Entrepreneur Team
- Business
- Business Structure
- Background Information
- Work Permit for Essential Applicant(s)
The designated entity will only provide a Letter of Support to the applicant, while it will send a Commitment Certificate directly to IRCC [Immigration Refugees and Citizenship Canada]. Commitment Certificate is valid for 6 months, during which time an applicant must apply for permanent residence and work permit (where applicable).
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