Pilot Program

pilot program: Under the Immigrant Investor Venture Capital pilot program announced Tuesday, each investor will be required to make a non-guaranteed investment of $2 million over 15 years and have a net worth of $10 million. , according to CBC. "The funds will be invested in innovative Canadian-based start-ups with high growth potential." The Canadian government will give permanent residency to approximately 50 millionaire immigrant investors and their families under a pilot program set to begin in the new year. "Through the launch of this pilot program, we are attracting investors who can make a significant investment and who have the education and proven business or investment experience necessary to achieve success in Canada," Immigration Minister Chris Alexander said in a news release Tuesday. (www.immigrantscanada.com). As reported in the news.