By
Marwa Badra

Manitoba is Open for Business

July 5, 2018

The province of Manitoba is now accepting applications under the newly launched Business Investor Stream (BIS).

 

Highlights

 

  1. The Entrepreneur Pathway is designed for applicants seeking to open or buy an existing business in Manitoba.
  2. The Farm Investor Pathway is for those who wish to establish and operate a farm in rural Manitoba.

Under the Entrepreneur Pathway, applicants must meet the following criteria:

  • Official language proficiency of at least CLB 5
  • Minimum of 3 years full-time work experience as an active business owner or senior management role of a successful business; or farm management
  • Minimum Canadian high school diploma equivalent
  • Verifiable personal networth of at least $500,000 CAD
  • Present a Business Plan and conduct a Business Research Visit
  • Sign a Business Performance Agreement (BPA) with the province after an application is approved

 

Under the Entrepreneur Pathway, applicants must be willing to invest at least $250,000 CAD in an eligible business in the Manitoba Capital Region or $150,000 CAD outside the Manitoba Capital Region.

 

Under the Farm Investor Pathway, applicants must invest at least $300,000 CAD to establish a farming business in rural Manitoba. The application requirements are similar to those of the Entrepreneur Pathway, with a focus on farming experience and ability.

 

Successful applicants will receive a letter of support that will enable them to apply for a Temporary Work Permit to establish and operate a business in Manitoba, and thereafter satisfy the terms of the Business Performance Agreement. Applicants may qualify for a provincial nomination and ultimately permanent residence after they have operated their businesses for at least 6 months.

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Phone: 1-877-236-3060
Fax: 416-236-1809

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