FREQUENTLY ASKED QUESTIONS


How long does the Start-up Visa process take?

Planet Hatch takes 3-4 months to evaluate your business and potential fit in Fredericton. 

Do you take equity in the company?

Planet Hatch takes no equity in your startup at any point. 

What do you mean by validation stage? 

Validation stage refers to your company having a minimum viable product able to generate revenues and begin to scale up your business.

Do I need to speak English to apply?

You need to have completed an International English Language Testing System (IELTS) or CELPIP exam. 


Does my business need to be established? 

Yes. You must be able to demonstrate that you have a minimum viable product and are past the ideation stage. 

What industries do you support? 
We only support businesses in the Knowledge Industry (IT, cybersecurity, biotechnology and life sciences, aerospace and defence, advanced manufacturing and design or clean technology).

 How long can my company remain at Planet Hatch?
We typically provide incubation at Planet Hatch for 3 months, but you may stay longer if necessary. 

What is the minimum required investment to get accepted into the program? 
You do not require a minimum investment to be accepted into Planet Hatch's Start-up Visa. 


More Questions?

Contact suv@planethatch.com