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.
What industries do you support?Yes. You must be able to demonstrate that you have a minimum viable product and are past the ideation stage.
We typically support businesses in the Knowledge Industry (IT, cybersecurity, biotechnology and life sciences, aerospace and defence, advanced manufacturing and design or clean technology) however we consider all business types.
What is the minimum required investment to get accepted into the program?We typically provide incubation at Planet Hatch for 3 months, but encourage you to stay longer.
You do not require a minimum investment to be accepted into Planet Hatch's Start-up Visa.