Ontario has introduced a number of Entrepreneur stream changes to help speed up applications and allow candidates to concentrate on growing their businesses.<\/p>\n
Earlier this month, the central Canadian province passed regulatory amendments that affect the Ontario Immigrant Nominee Program<\/a>\u2019s Entrepreneur stream<\/a>.\u00a0<\/span><\/p>\n Ontario is making its virtual interview process permanent and cutting down on the number of times government officials will check up on businesses, allowing immigrant entrepreneurs to both establish and grow their businesses more quickly.<\/p>\n Read More<\/b><\/p>\n Ontario Aiming To Ease Application Process With Entrepreneur Stream Changes<\/a> The\u00a0OINP\u00a0Entrepreneur Stream Application Guide\u00a0has also been updated to streamline program information and ensure applicants have everything they need to submit high-quality expressions of interest and applications to the stream.\u00a0<\/span><\/p>\n \u201cThe updated application guide, and the new interview and application monitoring requirements for the Entrepreneur stream, are applicable to individuals who submit expressions of interest or receive an invitation to apply to the Entrepreneur Stream after July 1, 2021,\u201d states Immigration, Refugees and Citizenship Canada (IRCC) on its website.\u00a0<\/span><\/p>\n In addition to the financial requirements of having a minimum net worth of $800,000 for a proposed business in the Greater Toronto Area (GTA) or minimum net worth of $400,000 for proposed businesses outside the GTA, the OINP Entrepreneur stream also requires that immigrant entrepreneurs have management experience.<\/p>\n
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\nNew Ontario Entrepreneur Stream Draw Sees 19 Invitations Issued<\/a>
\nOntario Entrepreneur Draw: 21 Invitations Issued<\/a><\/p>\n
\nNew Process Applies To Applications Submitted After July 1<\/h3>\n