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Nationwide Immigration » Canada » BC PNP Entrepreneur Regional Pilot

BC PNP Entrepreneur Regional Pilot

Province of British Columbia launched a two-year pilot program for the businessmen looking to start and run their own business in the smaller communities of the province. This new program is to attract new business in the province that will help in creating jobs and bring investment into the province, for the economic development of British Columbia.

These smaller communities in the province of British Columbia have population less than 75,000 people that are located more than 30 km from any larger city. The aim of this regional pilot program is to distribute the economic benefits of immigration uniformly throughout the province of British Columbia.

Launched on March 14, 2019, Businessmen who are able to get the approval through the Entrepreneur Immigration (EI) – Regional pilot, will get a temporary work permit that will allow them to establish and run their own business in the province. The time period for the business will be for a minimum of one year that is in accordance with the terms of the Performance Agreement. If the business is able to meet the terms of the Performance Agreement, the entrepreneur will get their provincial nomination and will be able to apply for Canada PR Visa to the Immigration, Refugees & Citizenship Canada (IRCC).

In this page w will be discussing the following topics related to the BC PNP Entrepreneur Regional Pilot Program:

  • Key Feature of BC PNP Regional Pilot Program
  • Eligibility criteria to apply for BC PNP Entrepreneur Regional Pilot Program
  • Step by Step process to apply for BC PNP El Regional Pilot Process

What are the key features of the BC PNP Regional Pilot Program?

Following are the key features for the British Columbia Regional Pilot Program:

  • Active Community Role: All the participating community in the program plays a key role in the pilot. They will be involved in attracting foreign entrepreneurs to their community and working with the local partners and existing networks to provide support for entrepreneurs settling into their communities.
  • Referral from the community: Communities who are participating will refer foreign entrepreneurs to the BC PNP whose business concepts align with the community’s economic priorities. An entrepreneur must have visited the community and present their concept to the community’s designated contact person prior to receiving a referral
  • Community concierge: Communities can contact BC PNP to access a dedicated concierge service that supports communities with their immigration needs
  • Invitations & Prioritization: Entrepreneurs referred by participating community are placed in a separate registration pool dedicated to the pilot. Registrations and applications are prioritized

 Eligibility criteria to apply for BC PNP Entrepreneur Regional Pilot Program

Following are the eligibility criteria that an Entrepreneur must meet in order to be eligible for BC PNP EI Regional Pilot. For this candidate must:

  • Have a minimum personal net worth of $300,000 CAD
  • Have active business ownership and senior management experience in the last 5 years that includes:
    • 3 or more years of work experience as an active business owner-manager OR
    • 4 or more years of work experience as a senior manager OR
    • Combination of 1 or more years of work experience as an active business owner/manager and 2 or more years as a senior manager
  • Show minimum language proficiency with the Canadian Language Benchmark (CLB) level 4
  • Provide with a business plan to the enrolled  British Columbia community
  • Have either a post-secondary credential OR work experience as a business owner/manager with 100% ownership of the business for a minimum of 3 years in the past 5 years.
  • Show that they will hold a minimum of 51 percent ownership in the proposed business
  • Be able to make a minimum of $100,000 CAD in eligible business investments in the proposed business (in only invited to apply)

Communities also have to clear there some eligibility criteria to be enrolled in the regional pilot program. As mentioned before they need to have a population that is under 75,000 and must be within 30 km from a larger city with more population than 75,000. Communities also have to prove that they will be able to provide the newcomer entrepreneur with a network of settlement and business agencies. Community representatives are responsible to attend immigration and pilot-specific training prior to hosting exploratory visits and referring prospective applicants of the regional pilot program.

To apply under this program, candidates need to request a referral from an enrolled community in the program.

Step by Step process to apply for BC PNP El Regional Pilot Process

For are the Steps to apply under the BC PNP El Regional Pilot Process:

Check the Eligibility

Candidates first have to whether they are eligible to apply under this program. If they are able to meet the requirements than they are able to apply for the BC PNP Entrepreneur Regional Pilot Process.

Conduct a Community Exploratory Visit

Applicants need to conduct an exploratory visit to the community they are planning to establish their business. During their exploratory visit, the applicant is needed to present the community representative with a business proposal. The main purpose of this visit is to get a community referral being a requirement to register under this program.

Under the business proposal, the applicant must provide with a business plan to establish a business with the sole purpose of earning profit in the B.C community. Established business must be able to show the potential for long-term financial success.

For the community referral, applicant:

  • Must learn about the community and the priority industries in the region
  • Have to understand the local labor market, business conditions and support services available in the region
  • Have to develop a business concept that is in-line with the priority industry
  • Need to have a meeting community representatives to discuss the business plan
  • Then have to request the referral in order to submit their online registration with the BC PNP

Submit registration and obtain the Score

Once the candidate is able to get the referral, the applicant will be able to submit their application to the BC PNP. This application will consist of information like age, work experience, education, language proficiency, net worth and details related to the proposed business.

Once the registration is done, the candidate’s profile will be awarded points out of 200. These points are awarded in the following manner:

Self-Declared

Scoring Sections Points Awarded
Business owner-manager or senior management experience 22
Ownership (100%) 2
Net Worth 6
Total Personal Investment 10
Jobs created and/or maintained 15
Location: Population size of the enrolled community 6
Location: Regional district of the enrolled community 12
Adaptability: Minimum Language Proficiency 23
Adaptability: Education Level 16
Adaptability: Age 16
Adaptability: Family in the community of proposed business 4
Adaptability: Work, business, or studies in Canada 9

Business Concept

Scoring Sections Points Awarded
Commercial Viability: Business Model 12
Commercial Viability: Market and products/services 4
Commercial Viability: Eligible personal investment 4
Commercial Viability: Assessment of proposed investment 8
Commercial Viability: Ownership percentage 2
Transferability of Skills 15
Economic Benefits: Significant economic benefits 5
Economic Benefits: Jobs Assessment 10

Submit full Application

Through regularly held BC PNP draws, candidates with the most points are invited to submit a full application under the program. The applicant can be required to give an interview in Vancouver. Application of the candidate will be assessed within the four months of receipt.

Establish Business and Nomination

After the application approval, the candidate is required to sign a Performance Agreement (PA) that includes all the details and requirements that needed to be met to get the provincial nomination. Once the PA is signed, the candidate has issued a letter of confirmation (work permit support letter) that will allow the applicant to apply for a two-year work permit to IRCC.

Once the applicant arrives in the province with a work permit, they must:

  • Make a minimum investment of $100,000 CAD in the business within 610 days of arriving in the province
  • Create a minimum one full-time job vacancy for a Canadian citizen or Permanent resident of Canada
  • Actively manage the business for a minimum of 12 months in order to apply for a provincial nomination
  • Have to reside in the province for a minimum 75 percent of the time while on the BC PNP supported a work permit

Application for Canada PR

After submitting the final report to BC PNP, it will be assessed by them and will verify if all the requirements have been met of the Performance Agreement. If the final report is approved, the applicant will be given the provincial nomination certificate which will allow applying for Canada PR Visa to the IRCC.

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