Eligible small businesses and startups are encouraged to apply, as Canada will provide the resources that you need in order to grow—both economically and personally.
There are many business opportunities in Canada for Indian which one can avail with the following entrepreneur program:-
- Federal Entrepreneur Program
This program ended and it is unclear if any similar programs will be started in the future.
Eligible applicants and their immediate families will be granted Canadian permanent residence for managing, establishing or acquiring at least 33.33% of equity within an eligible Canadian business that creates jobs in Canada’s economy.
- Federal Startup Visa
Many business owners have successfully expanded their companies abroad, with the help of Canadian private sector organizations and government funding. In return for creating jobs here at home as well as abroad, they receive a special type of visa called a Startup Visa that gives them permission to start or grow an international company in Canada.
Unlike the Immigrant Investor or Federal Entrepreneur programs, which require investors to invest capital in exchange for visas, Federal startup visas do not ask entrepreneurs to put their own money. In this process, they must receive a combination of minimum venture capital and angel investment from one or multiple designated organizations.
- Quebec Entrepreneur Program
To obtain a Business Entrepreneur Visa by creating or acquiring a business in the province of Quebec, you must be an experienced business person with intermediate knowledge of French.
The Quebec Entrepreneur Program has two streams. In order to apply for a Quebec selection certificate, the candidate must present their application in the form of a business plan and complete all required forms listed on Ministère de l’Immigration, de la Diversité et de l’Inclusion du Québec (MIDI) website.
- Provincial Nominee Programs for Entrepreneurs
Certain provinces have their own entrepreneur stream within the Provincial Nominee Program that allows them to nominate applicants.
If you wish to establish yourself and run a business in a particular province, it is possible that the province will nominate you for permanent residence if they believe that meeting eligibility requirements.
Business opportunities in Canada for Indian
Business opportunities in Canada for Indians are in abundance.
Anyone who is wishing to start a company in Canada, has several avenues available. Business visa programs like the Start-up Visa and entrepreneur programs allow applicants from India to come here and establish their new venture.
You can start a business in Canada without becoming an immigrant. To do so, you need to hire a service provider for immigration services and register with the province’s registry of businesses.
And, this makes it easy to do business in the country.
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Business options in Canada
Starting a business in Canada can be challenging. However, you could gain an edge over others through examples of the business options in Canada listed below. All these businesses have minimal barriers to entry and plenty of room for growth.
Real Estate Sales and Consultancy
Travel Agency
Food Business
E-Commerce
Cleaning company, etc.
Is Canada Good for Business
In 2012, Canada earned a spot on Forbes Magazine’s list of the best business locations in the world. Its high rankings are well deserved. Surveys consistently show that Canada is home to some of the happiest, most productive citizens in all of North America.
Canada was ranked 5th overall in the world for business, named top country in North America and among G-20 nations. Owing to its low corporate tax rates and stable banking system—among others.
The country’s banking system has been named as one of the soundest in the world by the World Economic forum for 5 years running.
Conclusion
Canada is a great place for immigrant business people because it provides encouragement, opportunities, and support to foreign entrepreneurs. It also offers excellent training to new immigrants that can result in highly skilled and successful business owners.
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