Nationwide Visas
Latest News
PEI PNP holds its largest ever provincial draw for provincial nominations - 21st September 2020  |  Latest SINP draw invites 621 immigrants with tech work experience- 16th September 2020  |  Latest BCPNP draw invites 407 immigrants for provincial nomination- 16th September 2020  |  13,645 immigrants invited in the month of July in 2020 - 14th September 2020  |  Latest Manitoba PNP draw invites 212 immigration candidates for provincial nomination- 11th September 2020  |  OINP to move to Expression of Interest (EOI) system for provincial nomination- 09th September 2020  |  BC PNP issues invitations to 67 skilled immigrants in latest tech pilot draw - 09th September 2020  |  Canada adds another 246,000 jobs in August - 05th September 2020  |  Employers must pay salaries to foreigners who do not have a social insurance number - 05th September 2020  |  BC PNP Invites 430 immigrants in latest round of invitations - 03rd September 2020  |  Latest Express entry draw invites 4,200 immigrants for Canada PR Visa - 03rd September 2020  |  Canada sees family reunification as the top priority for 2020 - 02nd September 2020  |  Canada extends travel restrictions for 30 days - 29th August 2020  |  Latest MPNP invites 213 skilled immigrants for provincial nomination - 29th August 2020  |  21 Entrepreneurs invited in latest OINP draw - 29th August 2020  |  SINP invites 570 immigrants in latest provincial draw - 28th August 2020  |  OINP invites 703 express entry candidates in latest provincial draw - 27th August 2020  |  Prince Edward Island PNP held the largest provincial draw ever - 26th August 2020  |  Visitors can now apply for work permit from Canada - 25th August 2020  |  PNP and CEC candidates fare better in Canadian labour market - 24th August 2020  |  Interest in moving to Canada increases despite the COVID-19 pandemic - 24th August 2020  |  Canada invites 3,300 CEC candidates in latest Express entry draw for PR Visa - 20th August 2020  |  600 invitations issued in the latest Express entry draw for Canada PR Visa - 19th August 2020  |  Ontario opens application to International Students - 19th August 2020  |  Latest BC PNP draw invites 302 immigrants for provincial nomination - 18th August 2020  |  AIP accepting applications for work permit online - 18th August 2020  |  SINP Invites 533 immigrants in the latest provincial draw - 17th August 2020  |  253 immigration candidates invited by MPNP in the latest provincial draw - 17th August 2020  |  BC PNP latest tech pilot draw invites 52 immigration candidates - 13th August 2020  |  Where to take your English test for a Canada PR Visa? - 13th August 2020  |  Quebec recommence foreign worker recruitment campaigns - 12th August 2020  |  BC PNP Invites 437 Immigration candidates in the latest provincial draw - 11th August 2020  |  Canada invites Federal Skilled Trades candidates in the latest express entry draw - 07th August 2020  |  Latest express entry draw invited 3,900 immigration candidates with a drop of 2 points in CRS cut-off - 06th August 2020  |  Canada immigration system versus new UK immigration system- 04th August 2020  |  The employment rate in recovery in Canada - 04th August 2020  |  Original language test results transcripts not required for some immigration programs - 04th August 2020  |  MPNP invites 199 immigrants in the latest provincial draw - 01st August 2020  |  Canada travel restrictions add one more month - 01st August 2020  |  Canada To Resume Passport Services - 01st August 2020  |  SINP draw invites 502 immigrants in the latest provincial draw - 29th July 2020  | Latest OINP Tech Draw invited Express entry Candidates for a Provincial Nomination - 29th July 2020  | BC PNP Invites 46 immigrants in the latest Tech Pilot and Entrepreneur draw - 29th July 2020  | Biometrics not required for Canada temporary residence applicants - 17th July 2020  | PEI PNP Held Two Provincial Draws In The Month Of July - 17th July 2020  | Latest MPNP draw invites 174 immigrants to apply for a provincial nomination - 16th July 2020  | Canada updates the definition of “parent” for the 21st century - 16th July 2020  | Quebec Issues Invitations In Its First Arrima Draw Since January - 15th July 2020  | Latest BC PNP Tech draw invites 320 immigration candidates for a provincial nomination - 15th July 2020  | Canada’s wage subsidy policy announced good news for immigrants - 14th July 2020  | Atlantic Canada loses fewest jobs due to Coronavirus - 13th July 2020  | How does Canada apply the mandatory quarantine plan for Inbound Travelers? - 12th July 2020  | Canadian economy creates nearly one million jobs in June - 11th July 2020  | Immigration Levels to Canada nearly tripled in Canada - 10th July 2020  | OINP stars accepting applications for Regional Immigration Pilot - 10th July 2020  | Canada held their first all-program express entry draw since the start of the pandemic - 8th July 2020  | Alberta PNP invites Express entry candidates in latest provincial draw with CRS score as low as 303 - 8th July 2020  | Latest BCPNP Tech Pilot draw invites 57 immigrants for a provincial nomination - 7th July 2020  | Mendicino: Immigration, the key to Canada’s success in the 21st century - 7th July 2020  | Canadian Border Services Collecting Basic Information of Air Travelers - 3rd July 2020  | 125 Immigrants invited in the latest MPNP provincial draw for Canada PR Visa - 2nd July 2020  | OINP to re-open its PNP Immigration Stream - 2nd July 2020  | BC PNP Holds the Largest Draw since the COVID-19 Pandemic - 30th June 2020  | Canada Immigration Still To Continue After Travel Restrictions Extended Until July 31 - 30th June 2020  | Canada Visitor visa and eTA processing to resume from July 1 - 01st July 2020  | PEI PNP Held Three Provincial Draws in the Month of June - 25th June 2020  | Express Entry Invites CEC Candidates With CRS Score As Low As 431 For Canada PR Visa - 25th June 2020  | Latest Express Entry draw invites 392 PNP candidates for Canada PR Visa - 24th June 2020  | “Come to Canada” – Marco Mendicino after U.S Immigration Ban - 24th June 2020  | 87 Immigration candidates invited in latest BC PNP Tech draw - 23th June 2020  | Where do Canada’s International Students come from? - 20th June 2020  | Immigrants cause 80% of population growth in Canada in 2020 - 20th June 2020  | MPNP Invites 181 Provincial Candidates in the Latest Provincial Draw - 19th June 2020  | OINP Invited Express Entry Candidates with CRS score 400 for a Provincial Nomination - 18th June 2020  | Ontario Invites French-Speaking Express Entry Candidates in the Second Draw in 2 days for Express Entry Candidates - 18th June 2020  | BC PNP Invites 276 Immigration Candidates in a Latest Provincial Draw - 16th June 2020  | Canadian Immigration Process to Modernize After the Travel Restrictions - 16th June 2020  | Canada Immigration Update on IELTS and CELPIP - 16th June 2020  | Canadian Businesses Owned By Immigrants More Likely To Innovate Products And Processes - 15th June 2020  | Indians Continue To Lead Way For The Number Of Immigrants Moved To Canada In 2020 - 14th June 2020  | Alberta Sets The CRS Cut-Off At 300 Points For The Latest Provincial Draw - 12th June 2020  | IRCC Gives Updates On Who Can Travel To Canada - 12th June 2020  | 24 Occupations Are Given Priority By Quebec For Work Permit - 12th June 2020  | Lowest CRS Score for CEC Candidates since 2017 in the Latest Express Entry Draw - 11th June 2020  | Latest Express Entry Draw Invites PNP Candidates For Canada PR Visa - 10th June 2020
Nationwide Immigration » Latest-news » 21 Entrepreneurs invited in latest OINP draw

21 Entrepreneurs invited in latest OINP draw

21 Entrepreneurs invited in latest OINP draw

21 Entrepreneurs invited in latest OINP draw

Ontario has issued 21 invitations to apply under the Entrepreneur Stream. The Ontario Immigrant Nominee Program (OINP) hosted the draw on August 26. Applicants who received their Expressions of Interest (EOI) notes between November 22, 2019, and August 21, 2020, were considered for this draw.

Invitations were sent to applicants who had EOI scores between 144 and 200 points. This is the fourth draw of its kind in 2020, bringing the total number of entrepreneurs invited to 91.

The eligibility criteria for the Entrepreneur Stream depend on where in Ontario the business is proposed. Recent reforms have also reduced minimum net worth and investment requirements.

The equity required for the proposed business in the Greater Toronto Area is now $ 800,000, compared to $ 1.5 million, and the required investment is now $ 600,000 compared to $ 1 million. Entrepreneurs looking outside of the GTA need a net worth of $ 400,000 instead of $ 800,000. They now need a minimum investment of $ 200,000 instead of $ 500,000.

Applicants need 24 months of business experience as an owner or senior manager within the past 60 months. Previously, applicants needed 36 months of experience within the same time frame.

Minimum Requirement for Provincial nomination

The Entrepreneur Stream is designed to attract people who want to start a new business initiative or buy an existing business in Ontario. Successful applicants receive a letter of support for a temporary work permit to establish their business in Ontario. The letter of support is based on a performance agreement, and if the entrepreneur meets the investment and job creation goals set out in the agreement, they have the option of being nominated for permanent residence in Canada.

Entrepreneurs must meet the following requirements to be appointed once they have established the business and have met the performance agreement. Successful completion of a Certificate of Nomination allows applicants to apply for permanent residence in Canada.

The following criteria must be met when entrepreneurs apply for an appointment from Ontario after the business is established:

  • Demonstrate proficiency in the official languages ​​at a CLB level 4 or equivalent
  • Meet the residency requirements of the program, applicants must be physically resident in Ontario for 75 percent (nine months per year) of the period in which they establish the business in Ontario (i.e., the period of performance agreement)
  • Entrepreneurs must be actively involved in the day-to-day management of business activities.

Applicants must also continue to meet the terms of the performance agreement, including the information provided in the expression of interest and business plan, within 20 months of arriving in Ontario.

Reference is taken from CIC News

How can we help ?
Call +91-92 92 92 92 81
or Submit Below
24 Hour Response time










Important Links

Show Less    Show More

Our Client Testimonials
Nationwide Immigration Consultants