Entrepreneur Category | Macropus Immigration & Visa Services

Entrepreneur Category

Through the SINP Entrepreneur Program, you and your family can start, obtain or partner in a business in Saskatchewan and be actively involved in managing it, while residing in Saskatchewan

The Entrepreneur Category Process

There are three steps to the nomination process:

• Expression of Interest (EOI) submission to the SINP
• EOI Selection and Invitation to Submit an Application
  • Candidates’ EOIs are selected based on their points score with those with the highest points selected during each draw. The number selected is dependent on program requirements (e.g. application inventory).
  • After candidates are invited to apply, applications are processed in the order that they are received
• Nomination

Before You Submit Your EOI

Note the following important information, before submitting EOI:

• To submit an EOI to the SINP, you must:
  • Meet the minimum entry criteria; and
  • Qualify with the point assessment grid.
• To meet the minimum entry criteria you must:
  • Have $500,000 (CAD) at minimum in Net Business and Personal Assets;
  • Have a minimum of three years of relevant business management or entrepreneurial experience gained in the past ten years; and,
  • Intend to invest a minimum of $300,000 (CAD) in Regina and Saskatoon or a minimum of $200,000 (CAD) in all other Saskatchewan communities.
• If you are invited to apply you must submit a Business Establishment Plan (BEP) that corresponds to the information in your EOI. Your BEP must include:
  • Your plan to establish a business that aligns with the points assigned in the Entrepreneur Category Points Grid, if applicable (for investment amount and sector);
  • Your ownership of at least one third (33 1/3 per cent) of the equity of a business in Saskatchewan, unless your total investment is $1 million CAD or higher;
  • Your commitment to provide active and on-going participation in the day-to-day management and direction of the business; and
  • The creation of two employment opportunities in Saskatchewan for Canadians or permanent residents who are not related to you (Regina or Saskatoon only)

To be eligible in the Entrepreneur Category, businesses must:

• Meet the requirements under the Canada-Saskatchewan Immigration Agreement, 2005;
• Have the potential to create economic benefit for Saskatchewan, as assessed by SINP immigration officers; and
• Be the continued operation of an existing business or the establishment of a new business meeting economic needs in Saskatchewan. The SINP does not pre-approve or endorse any business proposals or projects.

Expression of Interest Points Grid

Using the point assessment grid, candidates are allocated points for various elements under three categories: human capital, business experience, and business establishment plan.

Human Capital Factors

Business Experience

Business Establishment Plan

Note: On January 17, 2018, 251 EOI candidates with 80 points and higher were selected from the EOI Candidate pool.