DO YOU KNOW ABOUT CANADA'S START-UP VISA PROGRAM and ontario's immigrant nominee program?
The Start-Up Visa is designed for immigrant entrepreneurs who plan to start innovative companies and create jobs in Canada. You can apply for the Start-Up Visa if a designated Canadian organization supports your business. If your Start-Up Visa is approved you will be granted Canadian Permanent Residence status to launch and grow your business. Visit the Start-Up Visa web site to learn more.
Ontario has two streams under its Ontario Immigrant Nominee Program to assist immigrant entrepreneurs get established. A Corporate stream for established international companies to expand in Ontario or to buy an existing business and an Entrepreneur stream to start a business initiative or buy an existing business. Visit www.ontarioimmigration.ca to learn more.
CAN YOUR BUSINESS SUCCEED IN LONDON, Canada?
You will need to assess your idea to make sure it will work in London, Canada. It is important to know who your customers are, what they need, and how to reach them. You will need to evaluate your competition, how much you can charge for your product or service and how to promote them. You can begin your research online using the links below or contact a support organization in London to help you get started. Staff at the London Small Business Centre or the London Economic Development Corporation (LEDC) can provide resources and guidance to help you assess the London market.
do you have a business plan?
When you have completed your market research you will need to prepare a business plan. A business plan is a written document that describes your business, your strategies, your financial requirements and expectations. It will describe your plan for growth and convince readers that your venture has the potential to be successful. If you want to apply for the Canada Start-Up Visa or the Ontario Immigrant Nominee Program you will need a very strong business plan. Business Advisors at the London Small Business Centre can help you prepare your plan. Click on the links below to learn more about business planning.
Do you know what Registrations & Licenses you will need?
For your Business: You may need several licenses and permits depending on the type of business you start. You can learn more about government requirements at the Canada Business web site or talk to a Business Advisor at the London Small Business Centre. The City of London has a Business Connector who can answer questions about city permits and licenses. Visit the Service Business London web site to learn more.
For You: If you have a professional designation you will need to make sure you have the proper license to operate your business or seek employment in Canada. The Access Centre for Regulated Employment in London helps professionals, such as architects, doctors, lawyers and veterinarians, ensure they have the proper licenses. The process for obtaining licenses can often be difficult, but staff at the Access Centre can help make it easier. Visit the Access Centre’s web site to find out if your profession is regulated and to learn how they can help.
Will you need financing for your business?
You may need additional financing to get started. There are a number of programs and services available to small and medium-sized businesses in London. Depending on your type of business and financial needs you may qualify for additional sources of funding. Visit the London Small Business Centre web site to find out what may be available for your business.
are you ready to get started?
Like a small town, London is affordable, safe, clean and friendly. Like a big city, London has excellent business opportunities, world-class public health care, internationally recognized educational institutions and a variety of entertainment options. If you have questions or need help getting started contact LEDC or the London Small Business Centre.