Nova Scotia Entrepreneur Program

This Entrepreneur stream is one of the streams of the Nova Scotia Nominee Program (NSNP), a Provincial Nominee Program (PNP), launched by the province of Nova Scotia. This stream is designed to target experienced business owners or senior business managers who want to live in Nova Scotia. Nova Scotia Entrepreneur Stream aims to attract individuals who wish to start or buy, and actively manage, a business in Nova Scotia. The International Graduate Entrepreneur Stream provides an immigration opportunity for students who have graduated from a Nova Scotia university or community college and have started their own business.

Nova Scotia Entrepreneur requirements

  1. Must have a minimum $600,000 CAD in Net Business and Personal Assets
  2. Must have a minimum of three years of business ownership experience including 33.33% ownership; or
  3. Must has minimum 3 years of experience in a senior business manager role in the last 10 years
  4. Minimum capital investment of $150,000 CAD in Nova Scotia
  5. Must have Canadian Language Benchmark (CLB) 5 in either English or French
  6. Must have Excellent Business Plan.
  7. The business should be a for profit.
  8. The business has to create an economic benefit to Nova Scotia
  9. Must Provide active and on-going participation in the day-to-day management and direction of the business

Nova Scotia Entrepreneur Point System

Express Entry ProfileNo
Connection to ProvinceNo
Job OfferNo
Language ProficiencyCLB 5
Level of EducationNo minimum
Work Experience3 years business ownership or 5 years senior business management
Investment RequirementInvestment: $150,000 CAD
Personal Net Worth: $600,000 CAD

Nova Scotia Entrepreneur Ranking System

Nova Scotia PNP Business process step-by-step process

Step 1: Submit an Expression of Interest (EOI): Applicant need to show an Expression of Interest to start and establish a business in the province of Nova Scotia. The applicants have to provide information like business ownership or management experience, adaptability, investment, net worth etc. Candidates are given points on the basis of points matrix system. Then they are assigned a score and added to the EOI pool. Candidates can update their profile in the EOI pool if they want to make any changes to boost the score.

Step2 – Receive an Invitation to Apply: The candidates whose EOI gets approved shall be notified by the Nova Scotia Office of Immigration (NSOI) gets an invite to submit an Invitation to Apply (ITA) letter. These applications then further undergo an assessment by the NSOI. The complete application along with all supporting documents, a business plan has to be sent within 90 days of receiving an ITA. The net worth assessment report needs to be submitted within 180 days of receiving the ITA.

Step3 – Performance Agreement: The candidates have to face an in-person interview with an NSOI officer. The interview may take place in Nova Scotia within 60 days of the candidate being notified about the interview. If the candidate performs successfully in the interview, they sign a Business Performance Interview that states the investment to be made, the operational plan of the business, and other relevant information. An Entrepreneur Approval Letter is then issued which enables the candidate to apply to IRCC for a Temporary Work Permit within 2 months of the date of the Entrepreneur Approval Letter.

Step4 – Business Establishment: Once the candidate receives a Work Permit, they can enter Canada along with their family and start running the business. The applicants are required to do so within one year of receiving the Approval Letter. The applicant should also start operating their business in Nova Scotia within six months of arriving. Once you reach in Canada, the applicant must attend an arrival meeting with NSOI within 60 days of arrival. The NSOI officer will provide the applicant with further guidance and information related to the terms of the Performance Agreement.

Step5 – Apply for Nomination: Once the applicant successfully fulfils the terms of the Business Performance Agreement and submits a Business Establishment Progress Report to NSOI, he/she can then apply to be nominated by the province of Nova Scotia under the NSNP by submitting a Nomination Request Form. The Nomination Request Form includes information like a Special Purpose Report and an audit opinion, both of which should be provided by a designated Audit Service Verifier. The applicant then receives a letter from NSOI regarding the confirmation of Nomination. After the candidate receives proof of nomination, the application will be directed to IRCC by the NSNP.

Step6 – Apply for Canada Permanent Residence: After receiving a nomination by NSNP, the applicant can apply for Canadian Permanent Resident within 6 months. If the PR application gets approved, the applicant shall receive a Confirmation of Permanent Residence and will receive a copy of confirmation by NSOI within 30 business days.

Nova Scotia Entrepreneur – Recent Draws

Below is the information regarding recent Nova Scotia Entrepreneur draws and the historic information about issuance of invitations to apply.

Draw date

Number of invitations

Score of lowest-ranked candidate invited

February 5, 2020

27

115

November 12, 2019

20

118

September 6, 2019

46

113

June 24, 2019

43

110

May 17, 2019

27

112

April 4, 2019

27

112

February 19, 2019

22

112

January 7, 2019

33

112

November 14, 2018

30

112

October 9, 2018

44

109

September 20, 2018

43

109

August 7, 2018

32

116

June 26, 2018

22

120

May 21, 2018

18

123

March 27, 2018

22

108

February 20, 2018

22

100

January 16, 2018

27

91

December 19, 2017

27

91

November 15, 2017

24

91

October 10, 2017

12

97

September 15, 2017

28

91

August 9, 2017

25

94

July 11, 2017

20

97

June 13, 2017

30

95

May 9, 2017

35

98

March 7, 2017

26

100

January 18, 2017

28

90

December 22, 2016

36

97

November 18, 2016

35

104

October 3, 2016

9

110

August 11, 2016

12

111

June 28, 2016

8

115

April 21, 2016

11

108

March 31, 2016

8

113

March 10, 2016

8

117

February 19, 2016

6

122

International Graduate Entrepreneur Category

This stream is designed to target recent graduates of a Nova Scotia university or Nova Scotia Community College. Applicants must have already started or bought a Nova Scotia business and operated it for at least one year.

International Graduate Entrepreneur Visa Requirements

Express Entry ProfileNo
Connection to ProvinceStudy Experience
Job OfferNo
Language ProficiencyCLB 7
Level of EducationPost-secondary
2 years
Work ExperienceBusiness ownership and management In Nova Scotia
1 year
Investment RequirementNone

Nova Scotia International Graduate Entrepreneur Points System

Selection factorPoints
Language35
Education25
Work experience15
Adaptability10
Age10
Economic Priorities5

Nova Scotia International Graduate Entrepreneur Points System

Selection factorPoints
Language35
Education25
Work experience15
Adaptability10
Age10
Economic Priorities5

Nova Scotia International Graduate Entrepreneur ITA draw

Draw date

Number of invitations

Score of lowest-ranked candidate invited

February 5, 2020

1

67

September 6, 2019

1

54

June 24, 2019

1

74

January 7, 2019

1

54

November 14, 2018

1

68

September 20, 2018

1

47

August 7, 2018

1

47

June 21, 2018

1

56

May 21, 2018

2

60

March 27, 2018

1

67

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