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5 Canadian Cities That Are Totally Worth It For Startups And Entrepreneurs
If you wish to move to Canada and start your own business there, then you have a plenty of ways to apply for Canada PR. Almost every province in Canada offers start up visa programs through which the applicants become the permanent residents of Canada later on. Not only this, the Canadian government offers support and aid to the innovators and entrepreneurs who want to start their own business which makes it a great reason to move to Canada.
But which Canadian cities should you prefer to settle in if you want to start your own venture? Here they are:
Canada’s largest and one of the most happening city, Toronto is one of the best places to realize your dreams of having a start-up or your own business.
There are between 2,500-4,100 tech startups here making it one of the world’s largest innovation hub. From technology, commercial, to industrial, you can find a diversification in terms of industries. It is also one of the best places in Canada to seek R&D because of the lower costs and dedicated support from the government. Keep an eye on the Express Entry Draw and the number of invites sent out to the entrepreneurs.
Calgary & Edmonton
Canada’s fourth largest city in terms of population, Calgary in Alberta has a special place for entrepreneurs. It offers you a wide selection of coworking spaces and the city even offers support to the entrepreneurs.
Edmonton is another city from Alberta that lures entrepreneurs and businessmen to its way. One can find varied industries like biotechnology, oil and gas, and even digital media flourishing in the city. The start-up incubators like Start up-Edmonton and TEC Edmonton can be found operating in the city. Edmonton also owes to high number of post-secondary schools for adding highly skilled employees to the job market.
If one is applying for Canada PR and wants to open their own start-up, these two cities are great places to settle in Alberta, Canada.
This is another city in Canada that is fast growing in the start up and entrepreneurship scene. In fact, it has been voted as one of the best places in the world to start up a tech venture. The rainy city on the east coast has a greater concentration of tech start-ups and visual effects and animation studios. If you have applied for Canada PR and thought of residing in Vancouver, keep your fingers crossed during the express entry draw.
Voted as one of the top 20 startup ecosystems, Montreal has a strong talent pool of entrepreneurs and innovators. Nonprofits and incubators like Montreal NewTech and Notman House have been supporting budding entrepreneur with innovative and groundbreaking ideas. In fact, it has become a popular hub for imminent speakers, businessmen, and innovators who come to attend annual startup events. This could also be because of the affordable real estate market, numerous universities, and technical institutes. If you want Canada PR to reside in Montreal, you can apply through Quebec Entrepreneur program.
Waterloo is a ‘big surprises come in small packets’ when it comes to startup scenes. And,why not when University of Waterloo boasts of 30,000 undergraduates with fresh and innovative thinking. Just in the population of 500,00 people, there are more than 1,100 massive ventures hence making it a pool of great talent. Aside from Silicon Valley, it has highest number of start-up density.
Today, Canada represents an emerging ecosystem of tech startups which in turn gives a positive signal to the aspiring entrepreneurs who are looking forward to launch their startup in Canada. While cities such as San Francisco have long been referred for high-tech startups and modern day innovation, many other cities in Canada such as above are picking up fast pace boosting the opportunities for startups and entrepreneurs. Canada plays host to several cities that have flourishing startup communities, and abundant resources for technological and professional development, each of which makes it a promising location for startups and entrepreneurs.
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