The CanadaVisa Team - 14 March, 2018
The province of Ontario has issued 10 invitations to apply under its Entrepreneur Stream.
The minimum score for this draw was 135.
Successful applicants obtain a temporary work permit support letter — based on a performance agreement — to establish the business in Ontario. If the investment and job creation agreements outlined in the performance agreement are adhered to, entrepreneurs may then be nominated by the Ontario Immigrant Nominee Program (OINP) for Canadian permanent residence.
The Entrepreneur Stream operates on an 'Expression of Interest' (EOI) model, whereby eligible participants must first declare their interest in the program. The EOI model functions on a self-declared points-based system and participants are invited to apply based on their score.
Along with news of the latest invitations, Ontario also issued a notice that EOIs that were one year or older have now been removed from the EOI selection pool.
"As per our guidelines, registrants with EOIs that have been removed are welcome to resubmit an EOI to the selection pool," the notice says.
To learn more about the Entrepreneur Stream, visit our dedicated OINP Entrepreneur Stream page.