Entrepreneur Regional Pilot

This BC PNP stream caters to seasoned entrepreneurs seeking to invest in and oversee a business in British Columbia. To be eligible, applicants need to be referred by one of the participating communities in BC within the program.

Program Eligibility

Requirement 
Express Entry Profile–         Need not required to be registered under Express Entry Program
Job Offer–         Need not require job offer to apply under this stream
Level of Education

–         Have a minimum level of education equivalent to post-secondary education, or

–         If they possess 3 years of experience as an active business owner-manager with full ownership (100%) in the last 5 years (100% ownership may be shared with their spouse and common-law partner or dependent children)

Work Experience

–         At least 3 years of experience as an active business owner-manager in the last past 5 years having ownership of 10% or more, or

–         More than 4 years of experience as a senior manager in the last 10 years, supervising at least 3 full time employees, and their NOC TEER 0 or 1, or

–         A combination of at least 1 year of experience as an active business owner-manager and at least 2 years of experience as a senior manager.

–         Have had actively participated in the day-to-day operations of the business.

Language Proficiency–         Demonstrate language proficiency of minimum CLB Level 4 in English or French
Business Plan/Proposal–         Must submit a business proposal to establish a new business or purchase of an existing business in BC.
Personal Net Worth–         Have a minimum personal net worth of at least $300,000 CAD (Including personal net worth of spouse, common-law partner and dependent children).
Investment Requirement

–         Make a minimum investment of $100,000 CAD. in a new or existing business.

–         Have ownership of at least 51% of the business.

–         Partnership with BC PNP co-registrant is not allowed.

–         Partnership with local business/person is allowed.

–         Create minimum 1 full time job for a Canadian citizen or permanent resident.

–         Have to establish business in participating communities.

Exploratory Visit–         Must engage & visit an enrolled community for support before registration.
Connection to BC

–         Need not required specific connection to the province at the time of applying

–         Intend to live, work or settle business in the province.

Scores Requirements–         Must Score minimum of 105 points out of 200 points to qualify.
Business Performance Agreement–         Need to enter into business performance agreement.
Business Establishment and Operation

–         Establish and operate the proposed business according to the business plan.

–         Reside in British Columbia and maintain their principal residence within 100 kilometers of the location of their business.

–         Spend at least 75% of their time physically present in British Columbia while on a temporary work permit.

How to Apply:

  • Register a profile on the BC PNP’s online portal.
  • Profiles are scored and ranked using the BC Entrepreneur Immigration Ranking System, and high-ranking candidates are invited to apply.
  •  Invited candidates submit a complete application within 120 days.
  • Pay registration and application fee, including fee for staff employee if applicable.
  • Attend an interview and sign a performance agreement with British Columbia.
  • Apply for a two-year work permit from IRCC.
  • Minimum amount of time to submit a final report is 12 months after the issuance of work permit.
  • If the performance agreement conditions are met, receive a provincial nomination.
  • Within six months, submit application for Canadian permanent residence.

BC Entrepreneur Regional Pilot – Scoring Factors

Scoring SectionsPoints
Self-declared
Experience & Ownership24
Net Worth6
Total Personal Investment10
Jobs15
Community Population6
BC’s Region12
Adaptability67
Self-declared SUBTOTAL score140
Business concept
Commercial Viability30
Transferability of Skills15
Economic Benefits15
Business concept SUBTOTAL score60
Maximum Score Available200

Experience Total Duration

Experience Total DurationPoints
Business owner-manager experience
Less than 12 months0
12 to 24 months7
25 to 36 months12
37 to 48 months16
49 to 59 months19
60 months & more22
Senior manager work experience
Less than 24 months0
25 to 48 months4
49 to 59 months8
60 months & more12
Maximum Score Available22

Ownership Amount

Ownership AmountPoints
Business ownership
Less than 36 months (3 years) of 100% business ownership in the past 60 months (5 years)0
100% ownership of a business for at least 3 years of the last 5 years2
Maximum Score Available2

Personal Net Worth

Personal Net WorthPoints
Your total current assets (cash and liquid funds)
Less than $10,0000
$10,000 to $49,9991
$50,000 to $199,9992
$200,000 or more3
Your total personal net worth
Less than $300,0000
$300,000 to $999,9992
$1,000,000 or more3
Maximum Score Available6

Personal Investment

Total Personal InvestmentPoints
Less than $100,0000
$100,000 to $349,9996
$350,000 to $599,9998
$600,000 or more10
Maximum Score Available10
  

Job Creation

Total Proposed Full Time JobsPoints
Less than 1 job0
1 job10
2 to 4 jobs11
5 to 7 jobs13
8 jobs or more15
Maximum Score Available15

Community Population

Community Population   Points
40,000 – 75,0001
20,000 – 39,9992
15,000 – 19,9993
10,000 – 14,9994
5,000 – 9,9995
Less than 5,0006
Maximum Score Available6

BC Development Region

Location Based on B.C. Development RegionPoints

Lower Mainland/Southwest:

o   Fraser Valley

o   Greater Vancouvr

o   Squamish-Lillooet

o   Sunshine Coast

1

Vancouvr Island and Coast

o   Alberni-Clayoquot

o   Capital

o   Central Cost

o   Comox Valley

o   Cowichan Valley

o   Mount Waddington

o   Nanaimo

o   Powel river

o   Strathcona

2

Thomposon-Okanagan

o   Central Okanagan

o   Columbia-shuswap

o   North Okanagan

o   Okanagan-Similkmeen

o   Thompson-Nicola

6

Cariboo

o   Cariboo

o   Fraser-Fort George

10

Kootenay

o   Central Kootney

o   East Kootney

o   Kootney Boundary

10

Nechako

o   Bulkley-Nechako

12

North Coast

o   Kitimar-stikine

o   Skeena-Queen Charlotte

12

North East

o   Northern Rockles

o   Peace River

12
Maximum Score Available12

Adaptability Factors

Adaptability FactorPoints
Language proficiency
None or minimal, similar to CLB 3 and below0
Basic understanding, similar to CLB 45
Intermediate and advanced, similar to CLB 510
Intermediate and advanced, similar to CLB 615
Advanced to fluent, equivalent to CLB 7 or higher23
Education level
Secondary school or less0*
Associate degree / Diploma / certificate (non-trades)6
Diploma / certificate (trades) / Bachelor’s degree / Post-graduate diploma / certificate /14
Master’s degree / Doctorate / PhD16
Age
Less than 252
25 – 298
35 – 4416
45 – 5410
55 – 644
65 or older0
 
Canadian work experience, business experience, or studies from within Canada for at least 12 months (last 10 years)
Less than 12 months0
12 to 24 months of work/business or studies in Canada (with authorization)4
More than 24 months of work experience or studies in Canada (with authorization)8
Family member living in the community for at least 12 months 
No0
Yes4
Maximum Score Available67

Business Concept Factors:

Business Concept Factors:           

Points
Commercial Viability:30

Business model (12 ponits)

o   Unsatisfactory/Unclear – 1

o   Fair/Good – 8

o   Excellent – 12

Market & products/services – (4 Points)

o   Does not satisfactory address any of the Market/product factors – 1

o   Addresses at least one of the Market/Product factors, and is consistent with business model – 4

Eligible personal investment – (4 Points)

o   Less than $100,000      – 0

o   $ 100,000 to $299,999 – 1

o   $ 300,000 to $499,999 – 2

o   $ 500,000 to $799,999 – 3

o   $ 800,000 or more       – 4

o    Assessment of proposed personal investment – (8 Points)

o   Investment proposal does not correspond to the type or scale of the business – 0

o   Investment proposal does not correspond to the type and scale of the business – 5

o   Investment proposal does not correspond to the type and scale of the business, the market, the proposed products and/or services, the business model, and the industry standard. – 8

 Ownership percentage – (2 Points)

o   100% ownership – 2

o   Between 51% and 99.99% – 1

o   Less than 51%  – 0

 
Transferability of skills  

Business owner-manager experience only – (15 Points)

o   Less than 12 months – 0

o   12 to 35 months of (related experience) – 2

o   12 to 35 months of (direct experience) – 2

o   36 to 59 months of (related experience) – 6

o   36 to 59 months of (direct experience) – 10

o   60 months of (related experience) – 12

o   60 months of (direct experience) – 15

 

Senior manager work experience only – (10 Points)

o   Less than 12 months – 0

o   12 to 35 months of (related experience) – 1

o   12 to 35 months of (direct experience) – 4

o   36 to 59 months of (related experience) – 5

o   36 to 59 months of (direct experience) – 6

o   60 months of (related experience) – 8

o   60 months of (direct experience) – 10

15
Economic Benefits15

Significant Economic Benefits – (5 Points)

o   Does not identify or substantiate any significant economic benefits – 0

o   Substantiates at least significant economic benefits – 5

 

Jobs assessment – (10 Points)

o   The business concept does not support the creation of the at least 1 full time position – 0

o   Jobs plan does not correspond to the type and scale of the business – 1

o   Jobs plan corresponds to the type and scale of the business – 10

 
  

Recent Draws / Invitations to Apply – BC Entrepreneur Category:

https://www.welcomebc.ca/Immigrate-to-B-C/Invitations-To-Apply

Participating Communities:

These are organized by Development Regions, some participating communities may currently be temporary paused.

Lower Mainland/Southwest Region


Cariboo


Kootney


Nechako


North Coast


Northeast


Thompson-Okanagan


Vancouver Island/Coast

 

Note: “The information herein is provided for informational purposes only and should not be construed as legal advice. Read our complete Legal Disclaimer on Website”

 

 

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