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BC Entrepreneur Regional Pilot

BC Entrepreneur Regional Pilot

The BC Entrepreneur Regional Pilot Stream of the BC PNP is for experienced entrepreneurs who want to invest in and manage a business in British Columbia.

Applicants must be referred by one of the program’s participating communities in BC.

Interested candidates must first register a profile with the BC PNP. After registering a profile the candidate will be assigned a score based on the British Columbia Regional Entrepreneur Pilot Ranking System. The applicants with the most competitive scores will be invited to submit an official application to the program. 

Foreign entrepreneurs may also wish to consider the base category of the BC Entrepreneur PNP.

Eligibility Requirements

Requirement

 
Express Entry ProfileNo
Connection to ProvinceExploratory Visit & Community Referral
Job OfferEstablish a business with at least 51% ownership
Language ProficiencyCLB 4
Level of EducationPost-Secondary; or
3 years experience as 100% business owner-manager
Work ExperienceWithin last 5 years:
3+ years as business owner-manager; or
4+ years as a senior manager; or
1+ year as business owner manager and 2+ years as senior manager
Investment RequirementPersonal Net Worth: CAD $300,000
Investment: CAD $100,000

Connection to Province

Interested candidates must participate in an exploratory visit where they travel to one of the program’s participating communities and meet with a program representative. All applicants to the program must be referred to the PNP by a participating community.

 

Language Proficiency

All candidates must demonstrate English or French-language proficiency equivalent to the Canadian Language Benchmark (CLB) Level 4. Applicants will be required to submit valid language test scores issued within the two years prior to applying.

 

Level of Education

Candidates must have obtained a post-secondary educational credential or have experience as an active business owner-manager for at least 3 of the last 5 years with 100% ownership in the business.

Job Offer

To be eligible, entrepreneurs must submit a business proposal to establish a new business in a participating community. The applicant must own at least 51% of the business and must create at least one full-time equivalent job for a Canadian citizen or permanent resident.

Work Experience

Within the 5 years prior to applying, candidates must meet one of the following three scenarios:

  • 3+ years of experience as a business owner-manager; or
  • 4+ years of experience as a senior manager; or
  • 1+ year of experience as a business owner-manager and 2+ years of experience as a senior manager.

Investment Requirement

Candidates must have a personal net worth of at least CAD $300,000 and invest a minimum of CAD $100,000 in the creation of their business. Candidates who are invited to apply will be required to obtain a new worth verification report.

Performance Agreement

All applicants are required to sign a Performance Agreement with the BC PNP. Only after completing the conditions set out on their performance agreement will a candidate receive their nomination and be able to apply for Canadian permanent resident status.

Application Process

In order to apply to the BC Entrepreneur Regional Pilot, a candidate must be referred by one of the province’s participating communities.

To be referred, candidates are required to make an exploratory visit to BC and meet with the program representative from the community in which they wish to create their business. 

The Entrepreneur Regional Pilot operates on an Expression of Interest (EOI) system. Once a candidate has a referral from a participating community, they can register a profile using the BC’s online immigration portal and submit their EOI.

The BC Entrepreneur Regional Pilot charges a CAD $300 fee.

Once the profile has been submitted, candidates will be assigned a score and ranked against one another using the BC Entrepreneur Regional Pilot Ranking System.

The highest ranking candidates will be invited to submit an official application. The official application must include a business concept, verification of personal net worth, and supporting documents.

If the application is approved, the candidate will be invited to sign a performance agreement with British Columbia. Once the performance agreement is signed, candidates will be issued a letter of confirmation.

This letter, also called a work permit support letter, allows the candidate to apply for a two-year temporary work permit.

After receiving the work permit, the candidate must travel to BC to launch their new business. 

Between 12 and 20 months after arriving in BC, the candidate must submit a final report showing that they met the terms of their performance agreement.
If the final report is accepted, the applicant officially receives provincial nomination and can apply to IRCC for permanent resident status.

BC Entrepreneur Regional Pilot Ranking System

The British Columbia Entrepreneur Regional Pilot uses the following points-grid to rank candidates who have registered profiles.

Only those candidates with the most competitive scores will be invited to apply to the program.

Participating Communities Organized by Development Regions.

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