Manitoba Business Investor Stream Entrepreneur Pathway
The renewed Entrepreneur Pathway replaces the previous MPNP-B stream. It allows Manitoba to recruit and nominate qualified business people from around the world who have the intent and ability to move to Manitoba and establish, purchase a business or become partners in an existing business within the first 24 months of arrival in Canada on a temporary work permit. Applicants are no longer required to submit a deposit of $100,000 to the Manitoba Government.
Business Experience
- Minimum of three years of full time work experience in the past five years either as an active business owner or working in a senior management role of a successful business.
- Business owners are given higher points in comparison to senior managers.
- Business owners must have at least 33 1/3% ownership to qualify for points.
Official Languages Proficiency
Minimum CLB/NCLC 5
Education
Minimum Canadian high school certificate equivalent
Age
No minimum or maximum age; however, ranking points are allocated to candidates 25 to 49 years of age.
Business Investment
- Minimum investment is $250,000 for businesses situated in the Manitoba Capital Region.
- Minimum investment is $150,000 if a business is situated outside of the Manitoba Capital Region.
Business Investment must be made in an eligible business as defined by the MPNP.
The proposed business must create or maintain at least one job for a Canadian Citizen or a Permanent Resident in Manitoba (excluding owners of the business and/or their close relatives).
Business Research Visit
- A Business Plan is required and is an integral part of the application.
- A business research visit allows the applicant to conduct extensive research of their future business investment or proposal. The Business Research Visit must be conducted no more than one year prior to the submission of your EOI.
Net Worth
Minimum of $500,000
Your personal net worth will be verified by a third-party supplier approved by the MPNP. A verification report, along with the application, must be submitted to the MPNP within 120 days of receiving your LAA.
Business Performance Agreement
After an application is approved, a Business Performance Agreement (BPA) must be signed prior to the MPNP issuing you a letter of support for applying for a work permit.
Ref: Manitoba Website
