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Saskatchewan Top 2016

Entrepreneurs

The SINP Entrepreneur Program offers you and your family the opportunity to establish, acquire or partner in a business in Saskatchewan and be actively involved in its management.

Important Notice:
The SINP Entrepreneur category has selected the first candidates out of the Expression of Interest (EOI) candidate pool.
•    Candidates whose EOIs have been selected will be issued Invitations to Apply (ITA) letters, inviting them to submit a formal online application to the SINP Entrepreneur category.
•    Candidates whose EOIs have not been selected will continue to be eligible for selection and will remain in the EOI pool for a period of one year from date of submission.
Number of Invitations Issued – 80
Average EOI score – 125
Lowest EOI score - 110

Approval Criteria
There are three eligibility criteria in the SINP Entrepreneur Category that you must meet to be selected and approved:
1.    A minimum net worth of $500,000 Canadian Dollars (CAD) that can be verified.
2.    Accumulation of net worth through legal means, which can be verified.
3.    Minimum three years entrepreneurial or relevant business management experience.
Requirements
If you are approved by the SINP - Entrepreneur Category, in order to earn a nomination for permanent residency you will be required to:
•    Invest a minimum of $300,000 (CAD) in Regina and Saskatoon or a minimum of $200,000 (CAD) in all other Saskatchewan communities;
•    Establish a business that aligns with the points assigned in the Entrepreneur Category Points Grid, if applicable (for investment amount and sector);
•    Own at least one third (33 1/3%) of the equity of a business in Saskatchewan unless your total investment is $1 million CAD or higher;
•    Provide active and on-going participation in the day to day management and direction of the business; and
•    If you are establishing a new business in Regina or Saskatoon, create two employment opportunities for Canadians or permanent residents in Saskatchewan (non-relative workers).