Communitech HYPERDRIVE has been chosen as one of the five incubators that can accept applications for the Citizenship and Immigration Canada Startup Visa Program.
Launched this past spring, the Startup Visa Program aims to attract entrepreneurs with great ideas to live and work in Canada.
Seed-accelerator program Communitech HYPERDRIVE will evaluate international business proposals. If Communitech accepts the proposal, the applying company will be offered a letter of support for a startup visa. Approved companies will also gain the support and mentorship of the Communitech Hub and Startup Services programs.
"We have received applications for the Communitech HYPERDRIVE program from 22 countries,” says Doug Cooper, HYPERDRIVE’s Managing Director. “We choose the best and we want them to start, grow and succeed here in Waterloo Region. The startup visa program helps us attract and keep the best entrepreneurs from anywhere on the globe.”
HYPERDRIVE has already written a letter of support for Kreyonic, a Cohort 3 company from Sri Lanka.