Entrepreneur Success Initiative Pilot Program Announced

Immigration News

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December, 2022
For employees

On November 9, 2022 the Ontario Immigrant Nominee Program announced an Entrepreneur Success Initiative pilot program. The pilot program is designed to attract foreign entrepreneurs who wish to establish a new business or purchase an existing Canadian business outside of the Greater Toronto Area. Applicants under this Program must meet the requirements of the Ontario Immigrant Nominee Program: Entrepreneur Stream which include having at least 24 months of full-time experience as either a business owner or senior manager within the previous 5 years, have a minimum personal net worth of at least $400,000.00, intend to make a minimum personal investment in the business of at least $200,000.00 and must be involved in the day-to-day management of the Canadian business.