Startup Visa Path

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Next group will start in March 2024

Startup Visa Path: Initial Phase

This phase of the program supports international startups establishing a corporation in North America (based in Canada) and connecting with the ecosystem.

The Startup Visa Path: Initial Phase program is designed for companies that are looking to expand globally and have a market entry strategy starting in North America, and in parallel connect with an immigration option.

This program offers:

  • Competitors landscape in North America
  • Customized market research for your company
  • Business expert advise
  • Network and connections with partners and other allies
  • International business plan
  • Funding options in the Canadian market

Criteria

This is the basic criteria to be eligible for the Initial Phase:

  • Technology company with Intellectual property strategy
  • Financially stable (with enough funding to operate for a year in Canada without revenue)
  • Coachable team
  • Willing to relocate to Canada
  • All founders participating in the program must have a business level of English proficiency

Benefits

  • Customized focus group
  • Sales pitch preparation
  • Four designated business mentors
  • One designated industry expert mentor
  • IP strategy advise
  • Introduction to our local community in Canada
  • Co-working space

An interview with the LatAm Startups team will then be conducted to determine your participation in the program.

Cost of the Program

USD $2,500 per month for up to 5 co-founders of the same company. Three months program.

Deliverables

At the end of the first month, startups will present a diagnosis of their company (current status and goals), and a group of professionals from LatAm Startups will provide a recommendation report based on this diagnosis.

Startups are expected to deliver a complete International Business Plan, focus groups, one pager, and sales deck for the North American market. 

Companies must incorporate by the end of Phase II  and have an IP Strategy to be eligible for the Acceleration Program (Startup Visa Program)

Startup Visa Path: Acceleration

Companies accepted into our Acceleration Phase should have already validated the North American market and completed three months of the Startup Visa Path: Initial Phase program.

In this phase companies are expected to increase revenue and funding in their Canadian corporations.

This phase of the program offers:

  • Enrolment in the Startup Visa Program (letter of support)
  • Meetings with investors (Demo Day presentations)
  • Designated marketing and event assistant
  • C-Fractional executive assigned
  • Market Expert mentor assigned
  • Four designated business mentors
  • Access to Acceleration+ (in partnership with TechPlace, Haltech and Innovation Hamilton)
  • Co-working space

Mentoring in:

  • Talent acquisition and team building
  • Sales growth in North America
  • Investment pitch preparation
  • Seeking grants and loans
  • Accounting and corporate taxes
  • Company valuation

Criteria

These are the criteria to be eligible for the Acceleration Phase:

  • Softlanding phase completed and accepted by the Board of Directors. ofLatAm Startups
  • Financially stable (with enough funding to operate for one year in Canada without revenue)
  • Incorporated in Canada
  • Intellectual property strategy defined
  • Business plan completed
  • Proposals for job creation in Canada during first year of operation
  • All founders participating in the program must have business-level proficiency in English

An interview with the Board of Directors of LatAm Startups will be conducted to determine your participation in this phase.

Cost of the Program

USD $15,000 for up to 5 co-founders. This program lasts 6 months and includes a complimentary monitoring year.

Participants in this program can attend online, in person or in hybrid mode.

Deliverables

Meeting with investors, investment pitch deck, supporting letter for the Startup Visa Program, customized community event, advice and enrolment into other accelerator programs and events.

What is intellectual property?

Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. Intellectual property is owned and legally protected by a person or company from outside use or implementation without consent. Intellectual property can consist of many types of assets, including trademarks, patents, and copyrights. In particular for the Startup Visa program we are seeking for intellectual property referred to patents and copyrights.

What is Intellectual property strategy?

Businesses with forward-thinking intellectual property strategies are also using IP to gain competitive advantages and drive new revenue opportunities. An IP strategy helps entities manage their intangible assets—including patents, trade secrets, trademarks, and copyrights—in a way that aligns with their overall business strategy and goals. Developing the right intellectual property strategy depends on an organization’s industry and maturity. 

Regardless of these defining factors, a strategic plan should also be flexible. 

More questions?