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Nova Scotia's Two New Entrepreneur Draws Targeted Business Candidates

Nova Scotia immigration system has conducted two new draws on Nov 23rd, 2018 targeting candidates with Business ownership under the NSNP streams for international graduate entrepreneurs and entrepreneurs. On Nov 14th draws, A total of 31 candidates have issued with ITAs for the Nova Scotia immigration program. In this, A total of 30 candidates have received invitations under the Entrepreneur Stream draw, with the minimum ranked applicants scoring (CRS score) 112 points. In the earlier NSNP Entrepreneur draw, 44 candidates were issued with Invitations to Apply on October 9. This draw saw largest invitations on record with a minimum score of 109 points.

Invitations Issued Under Entrepreneur Stream

Draw date

Number of invitations

Score of lowest-ranked candidate invited

14-Nov-18

30

112

Meanwhile, in the latest International Graduate Entrepreneur stream draw, only one candidate was issued with an IOI by scoring a minimum of 68 points. So far, a total of 16 candidates were issued with the Invitation to Apply in overall 12 draws under this stream.

Invitations Issued Under International Graduate Entrepreneur Stream

Draw date

Number of invitations

Score of lowest-ranked candidate invited

14-Nov-18

1

68

1) NSNP's Entrepreneur Stream

The Entrepreneur stream will target business ownership candidates or highly experienced managers. The applied candidates should live and work in Nova Scotia province, either by starting a new business or by owning an existing business and actively involved in the everyday management of their businesses. Under the Nova Scotia Entrepreneur stream, candidates will be issued a temporary work permit at first. After running the business a year, they will be eligible to apply for Canada's permanent. The stream will use Expression of Interest model, where immigrants in a pool are issued with invited to apply.

Eligible Requirements for Nova Scotia Entrepreneur Stream

  • The applicants must be aged 21 years or above.
  • Should live forever in Nova Scotia province either buying or managing a business.
  • Must have a net worth of minimum $600,000.
  • Should investment at least $150,000 to start or own a business in Nova Scotia.
  • Minimum of 3+ years of experience in owning or actively managing a business
  • Score at least CLB 5 rank in reading, writing, listening and speaking in French or English.

Steps to Qualify For Entrepreneur Stream

  1.  EIO (Expression of Interest)
  2.  ITA (Invitation to Apply)
  3.  In Person Interview
  4.  Business Performance Agreement
  5.  Work Permit and Business Establishment
  6.  Request for Nomination
  7.  Apply for Canadian PR

2) NSNP's International Graduate Entrepreneur Stream

The Nova Scotia's International Graduate Entrepreneur stream is as same as the Nova Scotia's Entrepreneur stream, only targeted at graduates from a Nova Scotia Community College or university. Applicants should have established or owned a business and maintain it for a minimum of 1 year on the work permit of Post-Graduation. Graduates are nominated for Canadian permanent residence if they wish to live in the Nova Scotia. This stream also works on an Expression of Interest method.

Eligible Requirements for International Graduate Entrepreneur Stream

  • The applicants must be aged 21 years or above.
  • Should live permanently in Nova Scotia province either buying or managing a business.
  • Minimum of 1+ years of experience in owning or actively managing a business
  • Have finished a diploma or degree including at least 2 years of in-person and full-time study at any university or College of Nova Scotia.
  • Must have a post-graduation work permit which is realted to education
  • Score at least CLB 7 rank in reading, writing, listening and speaking in French or English.

Steps to Qualify For Entrepreneur Stream

  1.  EIO (Expression of Interest)
  2.  ITA (Invitation to Apply)
  3.  In-Person Interview
  4.  Nomination
  5.  Apply for Canadian PR

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