Ontario Invites 21 Entrepreneur Canada Immigration Candidates In First Draw of 2022

Ontario immigration has issued 21 Invitations to Apply in its first draw of 2022 through the province’s Entrepreneur Stream.

The March 4 draw saw ITAs issued to Ontario Immigrant Nominee Program (OINP) candidates scoring between 152 and 169 points.

Candidates who submitted an Expression of Interest by February 21, 2022 were eligible for consideration.

Ontario Entrepreneur Stream: 2022 Draws

Date	Invitations Issued	Minimum score range
04-03-2022	21	152-169

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Ontario Entrepreneur Stream: Financial Requirements

1) Net Worth

Minimum net worth of $800,000 if your proposed business will be in the Greater Toronto Area (GTA). Outside the GTA, the minimum net worth is $400,000.
Proposed business in either ICT or digital communications, minimum net worth is $400,000 anywhere in the province.

2) Investment and Ownership

Invest at least $600,000 in an Ontario business and own at least 33 per cent if the business is in GTA.
Outside GTA, invest at least $200,000 and own at least 33 per cent.
Proposed business in either ICT or digital communications, invest at least $200,000 and own at least 33 per cent anywhere in province.

Ontario Entrepreneur Stream: Non-Financial Requirements

At least 24 months of full-time business experience in the past 60 months, as an owner or senior manager.
Create two full-time jobs for Canadian citizens or permanent residents in the proposed company if located inside the GTA. Business located outside the GTA, or in either ICT or digital communications, must create one full-time job.
Make an exploratory visit to Ontario in 12 months prior to application. Note: This only applies to those buying an existing business.
Minimum CLB 4 in English or French.
Physically reside in Ontario for at least 75% of the time you are managing the business.