British Columbia Entrepreneur Draw: Province Issues Up To 12 Invitations

Canada immigration news: British Columbia immigration has conducted a new Entrepreneur Immigration draw, issuing up to 12 invitations through two streams.

The August 17 British Columbia Provincial Nominee Program draw featured invites through both the province’s general Entrepreneur stream and its regional pilot.

General stream candidates received eight invitations, requiring a minimum score of 126 points. 

Meanwhile, less than five invites went to regional pilot candidates, with a minimum score of 129 points. When less than five invitations are issued, the exact number is not published.

Full requirements for both streams are below.


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What Was the Minimum Score For The Latest B.C. Entrepreneur Draw?

Date Category Minimum Score Invites Issued
17-Aug-21 Entrepreneur Immigration General Category 126 8
Entrepreneur Immigration Regional Pilot 129 Less than 5

Source: https://welcomebc.ca


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What Are The Requirements For The B.C. Entrepreneur Category?

Business candidates in this British Columbia immigration category must meet the following minimum criteria:

Eligibility Requirements

  • Personal net worth of minimum $600,000, legally obtained.
  • Invest minimum $200,000 in an eligible new business or to purchase and improve an existing business in BC.
  • Create at least one new full-time job in your business for a Canadian citizen or a permanent resident.
  • Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading and writing, BY THE TIME OF NOMINATION.
  • Suitable business and/or management experience.
  • Have, or be eligible for, legal temporary immigration status in Canada.
  • Have been lawfully admitted to the country where you currently reside.

British Columbia Entrepreneur Immigration – Regional Pilot

The Entrepreneur Regional Pilot aims to attract motivated and experienced entrepreneurs to open a business in smaller communities of British Columbia and contribute to their specific labour needs.

It was initially opened in 2019 as a two-year pilot, but has since been extended until 2024.

Eligibility Requirements for Candidates

  • Net worth of minimum $300,000.
  • Minimum of $100,000 in eligible business investments.
  • Minimum of 51% ownership in the new business.
  • Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading and writing.
  • Create at least one new full-time job for a Canadian citizen or permanent resident.
  • Conduct an exploratory visit in the target community

Eligibility Requirements for Communities

  • A population of fewer than 75,000 people.
  • Located beyond 30 km of a municipality of more than 75,000 people.
  • Demonstrate capacity to support the entrepreneur through a network of established settlement and business support agencies.

Saskatchewan Issues Nearly 500 Invitations In Major New Immigration Draw

Canada immigration news: Minimum scores dropped as Saskatchewan immigration issued 496 invitations to apply across two streams in a new Expression of Interest draw.

In the August 19 Saskatchewan Immigrant Nominee Program draw, Occupations In-Demand candidates with skills and experience in one of 61 National Occupational Classification (NOC) codes received 335 invitations, with a minimum score of 70 points, four lower than the previous draw.

A further 161 invitations went to Express Entry candidates with skills and experience in 43 NOC codes, also with a minimum score of 71 points.

Detailed requirements for the streams featured in this draw are included later in this article.


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Latest Saskatchewan Expression of Interest Draws

Draw date Category Minimum score Invites issued Other considerations
19-Aug-21 Occupations In-Demand 70 335 Invited candidates had Educational Credential Assessments. 

NOCs included: 0014, 0016, 0121, 0421, 0423, 0621, 0651, 0711, 0821, 0911, 1122, 1123, 1214, 1221, 1222, 1224, 1241, 1243, 1252, 1313, 2131, 2142, 2144, 2151, 2212, 2225, 2231, 2232, 2241, 2242, 2244, 2252, 2263, 2264, 3211, 3215, 3216, 3234, 4152, 4153, 4161, 4162, 4164, 4166, 4212, 4216, 6316, 7205, 7235, 7237, 7242, 7243, 7245, 7246, 7251, 7271, 7281, 7321, 7322, 8222, 9211

Express Entry 71 161 Invited candidates had Educational Credential Assessments. 

NOCs included: 0014, 0016, 0121, 0132, 0421, 0621, 0711, 0712, 0821, 0911, 1122, 1123, 1213, 1221, 1222, 1224, 1241, 1252, 2131, 2142, 2143, 2151, 2232, 2241, 2252, 2253, 2263, 2264, 3143, 3211, 3215, 3234, 4151, 4153, 4161, 4164, 4166, 4212, 4216, 6316, 7242, 9212, 9232


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What is the Process for Saskatchewan Expression of Interest?

  1. Submit EOI profile.
  2. Enter EOI candidate pool.
  3. EOI candidates selected.
  4. Invitations to Apply issued via regular draws.
  5. Candidates submit full application within 60 days.
  6. SINP officials assess applications and make decision.

What Are the Requirements for The Occupation-In-Demand Sub-Category?

  • Score a minimum of 60 points on the SINP points assessment grid;
  • Have a language score of at least Canadian Language Benchmark (CLB) 4. Employers and regulatory bodies may ask for higher;
  • Have completed one year of post-secondary education, training or apprenticeship comparable to the Canadian education system. You must have earned a diploma, certificate or degree.
    • Degrees and diplomas obtained outside Canada subject to an Educational Credential Assessment;
  • At least one-year work experience in the past 10 years:
    • In your field of education or training occupation, and
    • In an eligible occupation in NOC A, B, 0. See the excluded occupations list.
  • Obtain the appropriate licensure in Saskatchewan if your field so requires, as the authorities will not process an application without the licensure.
  • Have proof of settlement funds and a settlement plan.
  • Pay a non-refundable $300 application fee online.

What Are the Requirements for The Saskatchewan Express Entry Sub-Category?

Candidates from outside Canada, or with legal status in Canada, qualify for this Saskatchewan immigration category, provided they are not refugee claimant.

Additionally, candidates must:

  • Have a profile in the Express Entry Pool, with profile number and job seeker validation code;
  • Score a minimum of 60 points on the SINP points assessment grid;
  • Provide valid language test results from a designated testing agency matching those in the Express Entry profile;
  • Have completed one year of post-secondary education, training or apprenticeship comparable to the Canadian education system. You must have earned a diploma, certificate or degree.
    • Degrees and diplomas obtained outside Canada subject to an Educational Credential Assessment;
  • Have at least one of the following experience requirements in your field of education or training occupation:
    • One year of work experience in the past 10 years in a skilled profession (non-trades);
    • Two years of work experience in a skilled trade in the past five years; or
    • One year of work experience in Canada in the past three years (trades and non-trades).
  • Have work experience in a high-skilled, eligible occupation in NOC A, B, 0. See the excluded occupations list.
  • Obtain the appropriate licensure in Saskatchewan where your profession is regulated or a skilled trade. For skilled trades, a certificate is required from the Saskatchewan Apprenticeship and Trade Certification Commission.
  • Have proof of settlement funds and a settlement plan.
  • Pay a non-refundable $300 application fee online.

Canada’s Start-Up Visa: What is a Business Incubator? – Canada Immigration News

Canada immigration news: Business incubators can give applicants for permanent residence under the Start-Up Visa program the support they need to qualify to immigrate and start their businesses. 

By nurturing start-ups and helping them navigate the myriad of challenges to get the financial, human, and physical resources they need to survive and thrive over a period of months – and in many cases years – business incubators are key players in Canada’s economic development sector.

These business incubators help entrepreneurs right from the earliest stages, when the business is still only an idea, and provide office space, administrative support, mentorship and training, and access to investors and capital.

Run as either non-profits or businesses themselves, business incubators help entrepreneurs:

  • develop relationships with financial partners, business consultants, management-level execs;
  • find office space and business hardware and software, and;
  • access research through relationships with universities and governmental agencies.

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Under the Start-Up Visa program, budding entrepreneurs hoping to gain permanent residence in Canada need to get the support of either a venture capital fund, angel investor group, or a business incubator.

These organizations choose which business proposals to review and each has its own intake process for proposals and criteria used to assess them. 

If that organization gives the Start-Up Visa program applicant’s proposal the green light, it will provide a letter of support, allowing the prospective immigrant to continue with the process. 

Business incubators that have been approved by Immigration, Refugees and Citizenship Canada (IRCC) to support immigrants through the Start-Up Visa program are the following 35 organizations:

  • Alacrity Foundation
  • Alberta Agriculture and Forestry
  • Agrivalue Processing Business Incubator
  • Food Processing Development Centre
  • Biomedical Commercialization Canada Inc. (operating as Manitoba Technology Accelerator)
  • Creative Destruction Lab
  • Empowered Startups Ltd.
  • Extreme Innovations
  • Genesis Centre
  • Highline BETA Inc.
  • Innovacorp
  • Innovation Cluster – Peterborough and the Kawarthas
  • Interactive Niagara Media Cluster o/a Innovate Niagara
  • Invest Ottawa
  • Knowledge Park o/a Planet Hatch
  • LatAm Startups
  • Launch Academy – Vancouver
  • LaunchPad PEI Inc.
  • Millworks Centre for Entrepreneurship
  • NEXT Canada
  • North Forge East Ltd.
  • North Forge Technology Exchange
  • Platform Calgary
  • Pycap Inc (o/a Pycap Venture Partners)
  • Real Investment Fund III L.P. o/a FounderFuel
  • Ryerson Futures Inc.
  • Spark Commercialization and Innovation Centre
  • Spring Activator
  • The DMZ at Ryerson University
  • Toronto Business Development Centre (TBDC)
  • TSRV Canada Inc. (operating as Techstars Canada)
  • University of Toronto Entrepreneurship Hatchery
  • VIATEC
  • Waterloo Accelerator Centre
  • York Entrepreneurship Development Institute