IMPACT Startup Visa Incubator

PREMIUM

For early-stage impact entrepreneurs who have a business idea and seek to immigrate to Canada under the Startup Visa

Spring’s IMPACT Startup Visa Premium Incubator begins with a 3-month long core incubator program and includes one year of access to premium services. The program is for entrepreneurs at the idea-stage who are seeking to develop a Minimum Viable Product (MVP) and launch plan with ongoing consultation and access to resources.

We help immigrant entrepreneurs create a positive social or environmental impact through their ventures, move to Canada, apply for Permanent Residence status and scale globally through the Canadian Startup Visa Program. 

What sets us apart is we’re 100% committed to helping you make a positive impact through your business. We believe business can evolve to be a force for good in the world. You’ll learn how to adapt your venture to the Canadian business environment and fine-tune your impact thesis and measurement plan. 

What Makes Premium Premium?

► Business incorporation

► EiR advisory support on business plan & launch plan

► Investment readiness workshops

► Banking partner support

► First year financial statements

► Marketing plan development & support

► Office space for four months

► Introduction to core service providers

► And more!

Program Details

Premium Incubator Program Breakdown
  • Months 1 to 3 – Participate in Spring’s core incubator program (see core incubator program curriculum here). 
  • Months 4 to 6 – Engage in weekly EiR mentor group calls with your cohort and monthly 1-on-1 private sessions.
  • Months 7 to 12  – Participate in four investment readiness workshops and monthly group calls with your mentor. 
  • One year – Enjoy one year of accessing Spring’s online learning platform.
  • Lifetime – Have lifetime access of Spring’s Impact Springboard community group.
 
When's the Next Premium Incubator Intake?

We are accepting applications for our Fall 2022 intake. If you’re interested in applying for the Fall, we kindly advise you to submit your application as soon as possible to account for the time it takes to process the necessary paperwork. The sooner you apply, the sooner we can save your spot. One intake is limited to 12 companies.

Time Commitment

The time commitment for the IMPACT Startup Visa Premium Incubator is one year. Between months 1 and 3, you will participate in a core incubator program during which you’ll be expected to attend virtual training sessions 2 days per week. Between months 4 and 6, you will have weekly group mentor calls and a monthly 1-on-1 session. In months 7 to 12, you will be provided with 4 investment readiness workshops and a monthly group call with your mentor.

Program Cost
The total cost of the ISV Incubator Program is CAD $70,000 + applicable taxes per company application submitted by the Founder, and CAD $10,000 per additional team member (up to 5 in total). Please note that the cost does not cover immigration related costs. It covers the ISV program itself, including IRCC Startup Visa administration, paperwork, ISV coursework delivery, sessions, etc.

Ready to Apply?
 We look forward to receiving your application!

🗓 Application Deadline | June 19 at 11:59 pm PST 

Attend An Alumni Spotlight Event

We’re excited to feature David Alva, Co-Founder of Proximity and a recent IMPACT Startup Visa Program graduate on our upcoming info session! You’ll hear about David’s journey from Peru to Vancouver and how and why he started his impact business. 

Details | May 25 from 9 am to 10:15 am PST 

Alumni Journey Spotlight

► What types of ventures does ISV support?

► What are their founders like? 

► And what motivates them to make an impact?

Learn more about Sonali Sharma’s decision to move to Canada under the Startup Visa, and her experience participating in Spring’s IMPACT Startup Visa Accelerator. Sonali, originally from India, joined the ISV Program in 2020 and is now living in British Columbia with her family. 

Frequently Asked Questions