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B.C. Issues First Invitations Through Entrepreneur Immigration Regional Pilot Category

British Columbia Tech Pilot Draw Sees 56 Invitations Issued

Last Updated on February 6, 2020

Jun 19, 2019 – British Columbia immigration has issued invitations to apply to the first candidates through its Entrepreneur Immigration Regional Pilot category.

The June 13 draw saw five invitations issued to candidates with a minimum score of 118 points.

At the same time, the British Columbia Provincial Nominee Program (BCPNP) also issued invites through the general category of its Entrepreneur Immigration stream.

This draw saw 20 invites issued to candidates scoring 117 points or more.

B.C. recently added a further 12 communities to its Regional Pilot stream.

The two-year pilot is designed to attract entrepreneurs to establish businesses in smaller communities with populations less than 75,000.

Such smaller communities are facing some of the more acute issues with aging populations and shrinking labour markets.

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

Date

Category

Minimum Score

Invites Issued

13-June-19

Entrepreneur Immigration Regional Pilot

118

5

Entrepreneur Immigration General Category

117

20

Source: https://welcomebc.ca

What Are The Requirements For The B.C. Entrepreneur Immigration – Regional Pilot Category?

Community Requirements

  • Population of less than 75,000.
  • Located beyond 30km from a municipality of more than 75,000 population.
  • Demonstrated capacity to support foreign entrepreneurs with network of settlement and business support agencies.
  • Immigration and pilot-specific training must be completed by community representatives.

Candidate Requirements

  • Desire to start a business and settle in a B.C. regional community.
  • Complete an exploratory visit.
  • Minimum of $100,000 in eligible business investments.
  • Minimum personal net worth of $300,000.
  • Minimum of 51 per cent ownership.
  • Minimum of one new job created.

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

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

  • Demonstrate a personal net worth of at least $800,000;
  • Make a personal investment of at least $400 000 to establish or purchase and expand an eligible business in B.C.;
  • Create at least three jobs for Canadian citizens or permanent residents;
  • Participate in the day-to-day management and direction or the business;
  • Sign a performance agreement with B.C. prior to nomination;
  • Candidates in the Entrepreneur category can sponsor a key staff member for Canadian permanent residence.

How Do I Qualify For The Regional Entrepreneur Category?

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

  • Demonstrate a personal net worth of at least $400,000;
  • Make a personal investment of at least $200,000 to establish or purchase and expand an eligible business in B.C. outside the Vancouver metropolitan area and the Abbotsford metropolitan area;
  • Create at least one new job for a Canadian citizen or permanent resident;
  • Participate in the day-to-day management and direction or the business;
  • Sign a performance agreement with B.C. prior to nomination.

Interested employers: Kindly contact us here to receive further information.

Interested candidates: Find out whether you qualify to Canada by completing our free on-line evaluation. We will provide you with our evaluation within 1-2 business days.

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