Manitoba Entrepreneur Pathway
Under this program, the province of Manitoba will select like-minded, financially stable, skilled and experienced business professionals to move in and establish a new business firm or buy an operating one or collaborate with an existing business firm with Canadian Origin.
Eligibility Criteria for Manitoba Entreprenur Pathway
- Must have a minimum of three years consecutive experience as a business owner or a senior manager of an organization in the last five years.
- Business owners will obviously given more points when compared to senior managers.
- Business owners must have minimum of 33 1/3% of share in their current firm.
- The applicant must score a minimum of CLB 5 to prove their language proficiency.
- When it comes to educational qualification, the applicant must hold at least a post secondary level degree which is equivalent Canadian educational system.
- Age category fallsbertween 25 to 49.
- If the business is about to get established in the capital region of Manitoba then it requires a minimum investment of CAD 2,50, 000.
- If the business is about to get established outside the capital region of Manitoba then it requires a minimum investment of CAD 1, 50, 000.
- The business which is about to get established must provide at least one job offer to the Canadian citizen or Permanent Residence.
- The applicant must provide a detailed business plan to the concerned provincial government to get verified and start investing in Manitoba.
- The applicant needs to carry out a detailed research about the province and the feasibility of business to be carried out.
- The applicant is not allowed to conduct the research more than one year prior to the Expression of Interest (EOI) to invest in Manitoba.
- The applicant must hold a networth of minimum CAD 5, 00, 000 to invest in a business in Manitoba and they need to provide the verified documents within 120 days from receiving the Letter of Advice to Apply (LAA).
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