The federal Entrepreneur Immigration Program is an immigration program designed to attract innovative entrepreneurs and investors, and its original intention is to introduce promising entrepreneurs to start innovative businesses and create jobs in Canada. So, what are the reasons for the rejection of the Canadian SUV entrepreneurship immigration program?
1. What are the reasons for the rejection of Canadian SUV entrepreneurial immigration?
1. The feasibility and authenticity assessment of the project are unqualified.
The first criterion for judging a Canadian SUV program is whether the applicant's commercial project is truly innovative and feasible. The immigration officer will strictly review the business plan, market research, business model, expected economic benefits and other factors to ensure that the project is not only creative, but also has substantial business potential after landing in Canada. Applications may be rejected if the project is deemed not to be viable or lacks real commercial value.
2. The enterprise is not recognized by the designated agency.
Canadian SUV applications must be endorsed by a designated venture capitalist, angel investor, or business incubator in Canada, and have an investment commitment or letter of support. If the applicant's project does not win the favor of these institutions, or fails to meet the minimum investment requirements, the application will not be approved.
3. The applicant's shareholding ratio is inconsistent with the control right.
According to the SUV requirements, the applicant must hold at least 10% of the shares in the start-up company and have substantial control over the company's day-to-day operations and decision-making. It may also result in the rejection of the application if the immigration officer believes that the applicant's role and shareholding in the business are not sufficient to prove his or her status as a key entrepreneur.
4. The evaluation of team composition and integration is not high.
The SUV program allows for teamwork applications where team members work together to create a business and have separate shares in the business. Partnerships, complementarities, roles and contributions to Canada within the applicant team will be examined. Applications may be rejected if the team structure is not properly structured, or if team members do not demonstrate a close working relationship and a shared vision.
4. Personal background and qualifications do not meet the requirements.
Even if the business plan is excellent, the background of the applicant itself cannot be ignored. The immigration officer will look at the applicant's educational background, professional skills, management experience, and whether they have the language skills (usually English or French) necessary to do business in Canada. If the applicant is unable to meet the minimum requirements in terms of personal qualifications, it may also affect the overall success of the application.
In short, the approval process of the Canadian SUV Entrepreneurship Immigration Program is very strict, not only to examine the applicant's entrepreneurial project, but also to conduct a comprehensive assessment of the applicant's personal qualifications. If you have any questions about immigrating to Canada, please leave a message in the comment area
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