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Saskatchewan Entrepreneur Stream Invites 90 Persons At The Start Of 2019

Immigration officials of Saskatchewan conducted the first draw of the year in the popular Entrepreneur Stream of the province on Jan 3rd.

The Details

90 Entrepreneurs received the invitations in this draw where the lowest score was 115 points in the Saskatchewan Immigrant Nominee Program. Moreover, in this draw, the average score was 120 points, and the top scoring candidate had a score of 150 points. The province had invited 824 candidates for applying by using the Entrepreneur Stream in the last year. Moreover, in this draw, the total invitations were lower compared to past draws. The largest draw was held in Oct 2017, when 265 candidates received the invitations.

Draw Details Saskatchewan Entrepreneur Stream

Date Lowest Score Average Score Highest Score Number Of Invitations
Jan 2019 115 120 150 90
Nov 2018 115 120 135 84
Sep 2018 110 115 135 71
July 2018 100 105 135 187
April 2018 90 100 135 231
Jan 2018 80 95 145 251
Oct 2017 80 100 135 265
July 2017 80 100 145 98
May 2017 80 105 140 142
March 2017 95 110 135 107
Dec2016 120 120 130 14
Sep 2016 110 115 135 57
May 2016 110 120 155 88
Oct 2015 110 125 155 70

Additionally, the Province has announced the dates for all future draws, during the present year. The planned dates are for March 7th, May 2nd, Sep 5th and Nov 7th.

New Format

The province aims to increase the frequency of draws. The present schedule will be to hold them every two months. In the past, the period of holding it was once in every three months. During 2019 it has a plan to hold five Entrepreneur draws.

This Immigration Entrepreneur stream has a process of three stages:

  • Submitting an Expression of interest
  • Invitation to submit an application
  • Eventual Nomination

Entry Requirements

The EOI has to meet these entry requirements:

  • A Minimum net worth of $500,000 which is acquired legally.
  • Three years of relevant experience as an entrepreneur or in managing it.
  • Investment of $300,000 in Saskatoon or Regina regions, or $200,000 in any other area.
  • All Candidates entering the pool get a score. The top scorers also receive an invitation for submitting the application.

Applications Details:

  • A Business Establishment Plan to confirm figures mentioned in EOI and including one-third ownership of a company in the Province unless such investment is $1 million or above.
  • A Commitment that the person will be active in daily management of business.
  • Creating two jobs for citizens or P.Rs in case the business has a location in Regina/Saskatoon.

Business Establishment Plans

Finally, the S.I.N.P mentions that it reserves the right to assess Business Establishment Plans by professional identified by the Saskatchewan government. Such an assessment, of third parties, will have a focus on the meticulousness of the applicant, in preparing the Business Plan.

Assessment Form