the CanadaVisa Team - 23 October, 2018
The Government of Ontario has issued 18 invitations to apply to candidates in its Entrepreneur Stream in a draw held October 23.
The minimum score for this draw was 110.
The Ontario Immigrant Nominee Program (OINP)'s Entrepreneur Stream is for individuals who are looking to start a new business or buy an existing business in Ontario.
In order to become a candidate for the Entrepreneur Stream, individuals must first complete an 'Expression of Interest' (EOI) profile and provide information on a number of factors related to their work experience, investments and human capital.
Candidates are given a score out of a possible 170 points.
Successful applicants sign a Performance Agreement that includes commitments to invest and create jobs in Ontario. The OINP will then provide them with a letter supporting their application for a temporary work permit to Canada's federal government.
Candidates who adhere to the requirements outlined in the performance agreement may then be eligible for a provincial nomination from Ontario for Canadian permanent residence.
