The Ontario Entrepreneur Stream held the latest draw on April 5th, and also invited 22 candidates. The minimum necessary score was 112 points. The minimum necessary score in the previous draw, held on Jan 17 was 115 which issued 13 invitations.
Apart from the Ontario Corporate Stream, this Stream offers the second business immigration category in the Ontario Immigrant Nominee Program. Additionally, during 2018, it conducted 10 draws in the Entrepreneur Stream and totally invited 149 candidates. The figures for 2019 are 35 invitations.
Ontario Entrepreneur Stream
This Stream also permits the province in selecting eligible persons who are interested to set up new businesses or also buy a present business in the province. The selected candidates also receive a work permit support letter that is temporary and based on the Performance Agreement, to commence business operations in Ontario. When the candidate meets the investment/job creation obligations of the performance agreement, the province nominates
them to seek permanent residence.
The Ontario Entrepreneur Stream works on the Expression of Interest basis. This means the candidates have to submit an EOI and depending on the eligibility, they receive the invitation to apply for commencing the provincial business. The OINP introduced the online application process to submit the EOI in 2016. The system is easy to apply and also has an improved processing time for the applicants.
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