Ontario’s ESI or the Entrepreneur Success Initiative is the program rightly fit for those Indian entrepreneurs who are looking to start or even buy a business in Canada.
India does not lack when it comes to talent, especially when it comes to entrepreneurial talent. The creative minds of people found in India are always aiming to do something better, something greater. They are looking for ways to achieve more, to grow, to inspire. And so, in a way to find their true potential, they sometimes look for a job abroad which may be more suitable to them according to their ambitions and circumstances.
And if you are one of those people, with an entrepreneurial mind, you should check out the Entrepreneur Success Initiative of Ontario. You might be able to buy or start a business in Ontario because of the program!
About the Entrepreneur Success Initiative
The Entrepreneur Success Initiative (ESI) aims to invite talented entrepreneurs from all over the world to regions outside of the Greater Toronto Area (GTA). On top of that, this is a fast track immigration program.
ESI being a fast track immigration program means that one can get a work permit as well as permanent residency in Ontario faster than any other business immigration program could provide.
The work of ESI is to help immigrants identify business opportunities for themselves. And, once the immigrants know which business to work for, they can then apply for a work permit via the Entrepreneur Stream of OINP (Ontario Immigrant Nominee Program).
How to Buy a Business in Ontario?
Indian entrepreneurs looking to buy a business in Ontario could buy a business through the ESI. How? This is how 👇
- ESI helps business owners in Ontario sell their business
- ESI would connect Ontario businesses’ owners to international entrepreneurs looking to buy a business
- Indian entrepreneurs can then simply buy a business from them!
Benefits of Entrepreneur Success Initiative
The benefits of ESI are numerous and some of them are listed below:-
- Indian entrepreneurs would get to live in GTA. GTA is one of the most sought after places to live in Canada because of high quality of life on relatively cheaper expenses.
- The language requirements are lower than what other immigration programs require. You only need a CLB 4 in listening, speaking, reading, and writing.
- Personal net worth only needs to be around $400,000 which is much lower than what the Entrepreneur Stream of OINP requires.
- Along the process of buying a business in Canada, Indian entrepreneurs will receive help until they submit their application.
This is a sincere recommendation to all Indian entrepreneurs to reach out to ESI under OINP if they are interested in buying a business in Ontario.
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