The Business Investor Stream (BIS) of Manitoba offers two pathways for entrepreneurs to move to Canada and establish their business in the province. These pathways are:
- Entrepreneur Pathway (EP)
- Farm Investor Pathway (FIP)
Through these pathways, qualified entrepreneurs and farm investors (those looking to run their farming operations in Manitoba) can apply for provincial nomination. If approved, such entrepreneurs can apply for Canadian permanent residency and build their business successfully in Canada.
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MPNP Business Investor Stream
Understand the MPNP Business Investor streams in detail below.
1. Entrepreneur Pathway (EP)
The Entrepreneur Pathway (EP) is the dream pathway for entrepreneurs. It allows qualified and experienced entrepreneurs to move to Manitoba and buy or start their own business. Entrepreneurs can also become partners with other business persons after coming to Canada on a work permit and start working.
2. Farm Investor Pathway (FIP)
Under the Farm Investor Pathway (FIP), eligible farm operators with several years of experience and enough capital to invest, can apply for a nomination. These entrepreneurs must also have the intentions to settle in Manitoba to operate a farm business.
Business Investor Stream Eligibility Criteria
The eligibility criteria of both pathways that operate under the Business Investor Stream are provided below.
| Eligibility Criteria | Entrepreneur Pathway (EP) | Farm Investor Pathway (FIP) |
|---|---|---|
| Business Experience | – At least 3 out of 5 years- could be as an active business owner or senior manager | – At least 3 years- Farm ownership/operation experience |
| Language Proficiency | CLB/NCLC 5 | In either language |
| Investment | – If the business is in Winnipeg Metropolitan Region -> CAN $250,000 – If its outside Winnipeg Metropolitan Region -> CAN $150,000 | At least CAN $300,000 |
| Net Worth | At least CAN $500,000 | |
| Additional | Studied at least high school | Conduct a farm business research visit |
| Meet farm business activities factors | ||
| Meet economic establishment adaptability | ||
MPNP Business Investor Stream: How to Apply
Both the streams under the MPNP Business Investor programs have different application processes. We will discuss both these in brief below.
Entrepreneur Pathway Application Process
Follow these steps to apply to the Entrepreneur Pathway to get nominated:
- Make sure you qualify for the pathway and visit Manitoba to conduct a business research
- Fill out and submit an EOI or Expression of Interest
- If your EOI is approved, you will receive a Letter of Advice to Apply (LAA). Pay CAN $2,500 and submit a completed application.
- If your application is approved, you will sign a Business Performance Agreement (BPA). MPNP will issue you a work permit so you can come to Canada to establish your business in Manitoba.
- Establish your business in the province to meet the conditions of the BPA
- If the MPNP finds that you meet the conditions of the BPA, you will be recommended to be issued a nomination.
Farm Investor Pathway Application Process
The application process of Farm Investor Pathway is provided below.
- Be eligible for the pathway
- Complete and submit the required forms
- If the MPNP invites you to apply for nomination, submit a full application within 120 days of receiving the LAA.
- If the MPNP approves your application, deposit CAN $75,000 and sign a Deposit Agreement.
- After receiving the nomination certificate, apply for permanent residency
- Begin establishing your farm business in Manitoba
When will my nomination application be processed if I apply to the Manitoba Business Investor Stream?
Manitoba Provincial Nomination Program (MPNP) may process your nomination application within 6 months.
How long will my provincial nomination be valid for?
A provincial nomination certificate is valid for 6 months and you have to make sure to apply for Canada PR within this time limit. If you fail to submit an application within 6 months, the nomination certificate is not considered valid and you will have to reapply.
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