Ontario Issued 15 Invitations Under Entrepreneur Stream

  September 20, 2019. Ontario has issued 15 invitations to apply through the Ontario Entrepreneur Stream. 15 invitations issued with a minimum cut-off score of 127.   The Entrepreneur Stream is an immigration stream under the Ontario Immigrant Nominee Program (OINP). This stream is for entrepreneurs from outside of Canada interested in starting a new business or buying an existing business in Ontario.   It provides the chance for an entrepreneur (and up to one foreign national business partner) to be nominated for permanent residence once their company is founded in Ontario. If you are nominated, the next step will be to apply to the federal government through Immigration, Refugees and Citizenship Canada (IRCC). They make the final decision on who becomes a permanent resident.   Invited candidates who are approved under the OINP Entrepreneur Stream can obtain a Temporary Work Permit support letter from the OINP — based on a signed performance agreement — to establish their business in Ontario.    The OINP Entrepreneur stream functions on a self-declared points-based Expression of Interest (EOI) system. This means when interested individuals submit an expression of interest in applying to the program, they receive a score out of a maximum 170 points. EOI points are awarded based on three categories: Experience factors, Investment factors and Human Capital factors.   The minimum personal investment requirement for the OINP Entrepreneur Stream varies based on the location of the proposed business*:  
  • If a business is located within the Greater Toronto Area, the applicant must make a minimum personal investment of $1,000,000 CAD and control at least one-third of the equity in the business.
  • If a business is located outside the Greater Toronto Area, the applicant must make a minimum personal investment of $500,000 CAD and control at least one-third of the equity in the business.
  * Businesses in the information and communications technology/digital communications sector must make a $500,000 CAD investment despite the location and the applicant must control at least one-third of the equity in the business.   Submitted EOI profiles are ranked against each other. Periodically, the OINP invites top-scoring entrepreneur candidates to submit a complete application to the program. Ontario Entrepreneur EOIs remain active for 12 months before they are removed from the Entrepreneur Stream selection pool.   

Invitation History

 
Draw date Minimum score required            Number of invitations issued
September 20, 2019               127   15
April 5, 2019 112 22
January 17, 2019 115 13
November 23, 2018 112 15
October 23, 2018 110 18
September 21, 2018 117 16
August 20, 2018 110 21
July 17, 2018 120 20
June 13, 2018 124 13
May 14, 2018 127 10
February 5, 2018 137 13
May 5, 2017 120 22
December 22, 2016 123 20
August 29, 2016 132 10
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