Saskatchewan To Conduct Final Entrepreneur Draw of 2019

Last Updated on février 6, 2020

2019-11-05 – Saskatchewan immigration is planning to conduct the final draw of 2019 through its popular Entrepreneur stream on Thursday, November 7.

The Saskatchewan Immigrant Nominee Program stream requires a net worth of $500,000 and a minimum investment of $300,000 in Regina or Saskatoon, or $200,000 is any other Saskatchewan area.

Five draws have been conducted so far in 2019, with a total of 262 candidates receiving invitations to apply.

The stream works on a three-stage process, where candidates initially come to Saskatchewan on a work permit, before being nominated for permanent residence once the terms of a Business Performance agreement have been met.

For full stream requirements, please see below.

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Saskatchewan Entrepreneur Stream Draws

Date	Lowest score	Average score	Highest score	Number of invitations
September 2019	120	125	150	45
July 2019	120	125	155	45
May 2019	120	125	135	43
March 2019	120	125	140	39
January 2019	115	120	150	90
November 2018	115	120	135	84
September 2018	110	115	135	71
July 2018	100	105	135	187
April 2018	90	100	135	231
January 2018	80	95	145	251
October 2017	80	100	135	265
July 2017	80	100	145	98
May 2017	80	105	140	142
March 2017	95	110	135	107
December 2016	120	120	130	14
September 2016	110	115	135	57
May 2016	110	120	155	88
October 2015	110	125	155	70

Source: https://www.saskatchewan.ca

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The Saskatchewan immigration Entrepreneur stream is a three-stage process:

1. Expression of interest
2. Invitation to submit an application
3. Nomination

The expression of interest must meet the following minimum entry requirements:

• The minimum net worth of $500,000 legally acquired.
• Minimum of three years of entrepreneurial or relevant management experience.
• Investment of at least $300,000 in Regina or Saskatoon, or $200,000 is any other Saskatchewan area.

Candidates enter a pool where they receive a score. The top-scoring candidates are invited to submit an application.

Applications must include:

• Business Establishment Plan confirming figures in expression of interest, and including at least one-third ownership of a company in Saskatchewan, unless investment is $1 million or higher.
• Commitment to be active in the day-to-day management of the business.
• Creation of two or more jobs for Canadian citizens or permanent residents if the business is located in Regina or Saskatoon.

The SINP website says: “Please note that the SINP reserves the right to have Business Establishment Plans assessed by professional third parties identified by the government of Saskatchewan. The assessment conducted by third parties will focus on the preparation and due diligence conducted by the applicant in preparing their proposed business plan.”