Ontario Issued 21 Invitations Under The Entrepreneur Stream
Posted On: Tue, Oct 27 2020
On October 26, 2020, the province of Ontario issued invitations to 21 candidates who applied under the Entrepreneur stream. In order to get an invitation, the candidates must have an EOI score between 142 and 200. The Ontario Immigrant Nominee Program’s (OINP) Entrepreneur stream is designed to provide assistance to the potential individuals from outside Canada who want to start a new business or buy an existing one in the province of Ontario.
The Entrepreneurs stream offers entrepreneurs the opportunity to be nominated for permanent residence once they have settled their business there in Ontario. The invited candidates who received an invitation do not need to contact the program, because they will receive two emails from the OINP. One mail will contain all the login credentials and the other one will have all the instructions regarding the completion of the application.
The candidates who didn’t receive an invitation in the latest draw still have a golden chance to receive an invitation in the 12 months (starting from the date it was submitted). It is the 5th Entrepreneur draw conducted so far, inviting a total of 112 candidates.
The candidates are required to have 24 months of business experience as an owner or senior manager within the past 60 months. Earlier, it was 36 months with the same timeframe of 60 months.
So, any aspiring candidate wants to move to the province of Ontario and start a new business there? Well, in order to apply, the aspiring candidates need to meet the eligibility requirements that have been made under the Ontario Immigrant Nominee Program. So, check the eligibility as early as possible and start a new business or flourish an existing one in the beautiful province of Ontario.
Wishing you good luck for the future!