Business sponsorship visas are for entrepreneurs and self-employed persons. These visas are usually applies for through the nomination scheme available in different provinces of Canada. These visas allow you to work and develop your business in Canada. This visa permit allows you to either set up your own business or purchase an existing business in Canada. Receiving this visa ultimately results in receiving a nomination from a province in Canada which helps you to apply for the permanent residency eventually allowing you to apply for a Canadian citizenship.