Ontario Issued 15 Invitations Under Entrepreneur Stream
September 20, 2019. Ontario has issued 15 invitations to apply through the Ontario Entrepreneur Stream. 15 invitations issued with a minimum cut-off score of 127.
The Entrepreneur Stream is an immigration stream under the Ontario Immigrant Nominee Program (OINP). This stream is for entrepreneurs from outside of Canada interested in starting a new business or buying an existing business in Ontario.
It provides the chance for an entrepreneur (and up to one foreign national business partner) to be nominated for permanent residence once their company is founded in Ontario. If you are nominated, the next step will be to apply to the federal government through Immigration, Refugees and Citizenship Canada (IRCC). They make the final decision on who becomes a permanent resident.
Invited candidates who are approved under the OINP Entrepreneur Stream can obtain a Temporary Work Permit support letter from the OINP — based on a signed performance agreement — to establish their business in Ontario.
The OINP Entrepreneur stream functions on a self-declared points-based Expression of Interest (EOI) system. This means when interested individuals submit an expression of interest in applying to the program, they receive a score out of a maximum 170 points. EOI points are awarded based on three categories: Experience factors, Investment factors and Human Capital factors.
The minimum personal investment requirement for the OINP Entrepreneur Stream varies based on the location of the proposed business*:
- If a business is located within the Greater Toronto Area, the applicant must make a minimum personal investment of $1,000,000 CAD and control at least one-third of the equity in the business.
- If a business is located outside the Greater Toronto Area, the applicant must make a minimum personal investment of $500,000 CAD and control at least one-third of the equity in the business.
* Businesses in the information and communications technology/digital communications sector must make a $500,000 CAD investment despite the location and the applicant must control at least one-third of the equity in the business.
Submitted EOI profiles are ranked against each other. Periodically, the OINP invites top-scoring entrepreneur candidates to submit a complete application to the program. Ontario Entrepreneur EOIs remain active for 12 months before they are removed from the Entrepreneur Stream selection pool.
Invitation History
| Draw date | Minimum score required | Number of invitations issued |
| September 20, 2019 | 127 | 15 |
| April 5, 2019 | 112 | 22 |
| January 17, 2019 | 115 | 13 |
| November 23, 2018 | 112 | 15 |
| October 23, 2018 | 110 | 18 |
| September 21, 2018 | 117 | 16 |
| August 20, 2018 | 110 | 21 |
| July 17, 2018 | 120 | 20 |
| June 13, 2018 | 124 | 13 |
| May 14, 2018 | 127 | 10 |
| February 5, 2018 | 137 | 13 |
| May 5, 2017 | 120 | 22 |
| December 22, 2016 | 123 | 20 |
| August 29, 2016 | 132 | 10 |
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