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Ontario Entrepreneur Stream Latest Draw:2022

by Harleen Kaur
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Ontario Entrepreneur Stream latest draw2022

On December 22, 2022 Ontario issued 14 Invitations to qualified candidates under Ontario Immigrant Nominee Program (OINP): Entrepreneur Stream. The minimum score of this draw was between 140 and 173.

OINP ENTREPRENEUR STREAM OVERVIEW

The entrepreneur stream of Ontario is an immigration pathway for entrepreneurs around the world to buy an existing business or establish new business in Ontario, Canada. It gives an ultimate opportunity to eligible candidates to gain a permanent residency (PR) of Canada once your business is successfully established in Ontario.

There is a two-step process for applying under this Entrepreneur Stream:

STEP 1: The first thing you must do is register an expression of interest (EOI). Once your EOI is accepted and you receive an invite, you start filling for an online application. You are also required to attend a mandatory interview along with your business partner (if applicable). After your step 1 successful application, you must now sign a performance agreement.

STEP 2: Now you will receive a temporary work permit support letter which you can use to apply to IRCC for a temporary Work Permit. Once IRCC grants you a temporary work permit , you will have 20 months to establish your business and submit a business plan and a final report. If your business meets all the basic requirement, the Ontario government will then consider you for the nomination program. They will collect all your documentation for nomination for permanent residency.

PREVIOUS OINP ENTREPRENEUR STREAM DRAWS

The table below depicts all the previous entrepreneur immigration draws held in the year 2022.

DATENUMBER OF INVITAIONSSCORE RANGE
August 16, 202228138-160
July 15, 202233146-174
March 4, 202221152-169

Learn more about OINP and new pilot Entrepreneur program of Ontario .

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